1642 Sawmill Rd
Waterloo, N2J 4G8
FOR SALE
$999,000
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Property Description
Incredible potential to build your dream home in the beautiful hamlet of Conestogo surrounded by mature trees. This property backs onto green space and fronts on the Grand River, only minutes from Waterloo it offers the perfect blend of rural tranquility and urban convenience. The nearby Conestoga Golf Course, Grand River access point, and serene walking trails, this location has something for everyone. Sitting on a manicured one and a quarter acre treed lot that extends a whopping 404 ft back from the road; this is an excellent opportunity to build that dream home you've been imagining. The two-story 24x40 foot drive shed and the detached two-car garage provide practical spaces for storing tools and toys alike. With septic tanks updated in 2017, natural gas hook up, and a 125' drilled well you're off to a great start transforming this property to suit your needs. These highly desirable properties are becoming more and more rare so don't miss your chance to craft your own slice of paradise just outside of Waterloo.
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Property Features
Golf, River/Stream, Wooded/Treed
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Property Details
Street
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
74' x 404'
Acreage
.50-1.99
Lot Irregularities
212.56' x 181.07' x 209.02' x 243.27'
Fronting
South
Taxes
$3,852 (2024)
Basement
Full, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | 2nd | 8.86' x 19.36' | |
| 2nd Br | 2nd | 11.48' x 8.86' | |
| Living | Main | 19.03' x 11.48' | |
| Kitchen | Main | 9.84' x 12.80' | |
| Bathroom | Main | 9.51' x 4.92' | 4 Pc Bath |
| 3rd Br | Main | 9.84' x 11.81' | |
| 4th Br | Main | 11.48' x 9.51' |
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Waterloo Market Statistics
Waterloo Price Trend
1642 Sawmill Rd is a 4-bedroom 1-bathroom home listed for sale at $999,000, which is $271,000 (21.3%) lower than the average sold price of $1,270,000 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Waterloo increased by $134,500 (11.8%) compared to the previous 30 day period (July 20 - August 18) and up $349,500 (38.0%) from the same time one year ago.Inventory Change
There were 16 4-bedroom homes listed in Waterloo over the last 30 days (August 19 - September 17), which is up 14.3% compared with the previous 30 day period (July 20 - August 18) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Waterloo typically sold ($9,950) (0.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $9,375 decrease compared to the previous 30 day period (July 20 - August 18) and ($24,400) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Waterloo over the last 30 days (August 19 - September 17) stood at 62.5%, down from 85.7% over the previous 30 days (July 20 - August 18) and up from 18.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Waterloo stood at 14 days when successfully sold over the last 30 days (August 19 - September 17), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Innovation Realty
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