587 Manorwood Crt
Waterloo, N2K 3L7
FOR SALE
$3,199,000
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4 + 1
BEDROOMS5
BATHROOMS1
KITCHENS16 + 5
ROOMSX8232604
MLSIDContact Us
Property Description
Situated on a private road in a highly sought after enclave in Colonial Acres emerges a distinct architectural masterpiece. Built by renowned builder, Richard Frede Construction, this exceptional estate sits on 0.67 acres and unfolds with abundant natural light pouring through, illuminating the open-air design that perfectly frames the breathtaking views of the expansive backyard retreat and conservation woods that it backs on to. Boasting 6,000+ square feet of living space, this home features 14-20 feet ceilings, dedicated family rm, living rm and dining rm, renovated kitchen, first floor private office with french doors leading out to back yard, renovated bathrooms, walk-up basement, home gym and much more. Spend your summer enjoying this backyard oasis featuring a serene heated pool, gazebo, and raised deck not to mention an abundance of beautifully landscaped green space. Enjoy $7,500+ a year from income generating solar panels. Short walk to Conestoga Mall and in close proximity to The University of Waterloo and Wilfrid Laurier University. With this property comes an excitingly active lifestyle, offering access to trails and golf courses. Commute with ease using the LRT from Conestoga Mall.
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Property Features
Cul De Sac, Grnbelt/Conserv, Park
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
115' x 242'
Acreage
.50-1.99
Lot Irregularities
115.01 X 242.04 X 115.01 X 235.25
Fronting
South
Taxes
$11,789 (2023)
Basement
Sep Entrance, Walk-Up
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 19.85' x 16.08' | Fireplace |
| Kitchen | Main | 17.32' x 13.32' | Pantry |
| Prim Bdrm | 2nd | 14.24' x 16.34' | Ensuite Bath, W/I Closet |
| 2nd Br | 2nd | 16.08' x 12.76' | |
| 3rd Br | 2nd | 16.08' x 12.17' | Ensuite Bath, W/I Closet |
| Bathroom | 2nd | 8.50' x 5.35' | 3 Pc Ensuite |
| 4th Br | 2nd | 13.75' x 14.17' | |
| Bathroom | 2nd | 8.23' x 11.52' | 4 Pc Bath |
| 5th Br | Bsmt | 13.25' x 13.42' | |
| Bathroom | Main | 8.07' x 6.07' | 3 Pc Bath |
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Waterloo Market Statistics
Waterloo Price Trend
587 Manorwood Crt is a 4-bedroom 5-bathroom home listed for sale at $3,199,000, which is $2,128,643 (198.9%) higher than the average sold price of $1,070,357 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in Waterloo declined by $9,643 (0.9%) compared to the previous 30 day period (February 29 - March 29) and down $100,393 (8.6%) from the same time one year ago.Inventory Change
There were 20 4-bedroom homes listed in Waterloo over the last 30 days (March 30 - April 28), which is down 0.0% compared with the previous 30 day period (February 29 - March 29) and up 150.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Waterloo typically sold $56,357 (5.3%) above asking price over the last 30 days (March 30 - April 28), which represents a $56,245 increase compared to the previous 30 day period (February 29 - March 29) and $41,750 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 (March 30 - April 28) stood at 70.0%, down from 85.0% over the previous 30 days (February 29 - March 29) and down from 150.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Waterloo stood at 12 days when successfully sold over the last 30 days (March 30 - April 28), compared to 10 days before being removed from the market upon being suspended or terminated.Listing contracted with The Agency
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