438 FORESTLAWN Rd

Waterloo, N2K 2J6
FOR SALE
$1,325,000
438 FORESTLAWN Rd, Waterloo
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
438 FORESTLAWN Rd
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3 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
3 + 2
ROOMS
X9255645
MLSID
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Property Description
0.3 ACRE IN A TOP SCHOOL DISTRICT! Welcome to 438 Forestlawn Road, an architecturally unique 5 Bed, 3 Bath split level gem located in one of Waterloo Region's most desirable neighbourhoods. As you approach the property you will be impressed with the ample 8+ car parking, extensive stone hardscaping, mature landscaping, and beautiful curb appeal. Heading inside, you are greeted with multiple main level living areas: a cozy family room with wood burning fireplace, and an elegant formal living room with natural gas fireplace and built-in shelves. The heart of the home is the kitchen with ample storage space, a large separate dining area, and walkout to a covered deck overlooking the sprawling private backyard. Heading upstairs, you will find three bedrooms, a private office space, and two full bathrooms, one of which includes laundry. The basement level features a separate entrance directly to the oversized heated garage, as well an additional 2 bedrooms, an additional full bath, family space and additional laundry-- great in-law suite potential. Recent upgrades to this home include new flooring, fresh paint, and many special touches throughout. The location of this property cannot be beat in a top school district (across the street from Lexington PS), a short drive to Conestoga Mall for all shopping and amenities, and close proximity to Kiwanis Park and Snyder Flats with many kilometres of scenic walking trails. Check out the virtual tour!
Property Details
Property Type
Detached, Backsplit 3
Approximate Sq.Ft.
2000-2500
Lot Size
80' x 154'
Acreage
< .50
Lot Irregularities
0.3 Acre
Fronting
East
Taxes
$6,159 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain21.10' x 11.32'
Waterloo Market Statistics
Waterloo Price Trend
438 FORESTLAWN Rd is a 3-bedroom 3-bathroom home listed for sale at $1,325,000, which is $513,500 (63.3%) higher than the average sold price of $811,500 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Waterloo increased by $38,286 (5.0%) compared to the previous 30 day period (July 20 - August 18) and down $14,026 (1.7%) from the same time one year ago.
Inventory Change
There were 25 3-bedroom homes listed in Waterloo over the last 30 days (August 19 - September 17), which is up 8.7% compared with the previous 30 day period (July 20 - August 18) and up 13.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Waterloo typically sold $23,981 (3.0%) above asking price over the last 30 days (August 19 - September 17), which represents a $10,246 increase compared to the previous 30 day period (July 20 - August 18) and $2,994 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 3-bedroom homes in Waterloo over the last 30 days (August 19 - September 17) stood at 76.0%, up from 60.9% over the previous 30 days (July 20 - August 18) and down from 86.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Waterloo stood at 12 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Twin City Realty Inc.
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