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Property Type: Detached HouseOwnership: Freehold
248 THE LION'S Gate
Waterloo, ON N2L6M5
MLS® 40862017
$2,250,000
6 bed5.5 bath8 parking6,105 sqftBuilt 2001
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 42 feet
SR2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $13,749.7
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Electric, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 2pc Bathroom | Main level | 5'11'' x 5'0'' |
| Utility room | Basement | 10'2'' x 14'9'' |
| 3pc Bathroom | Basement | 7'9'' x 10'4'' |
| Storage | Basement | 5'10'' x 5'5'' |
| Bedroom | Basement | 18'8'' x 20'11'' |
| Other | Basement | 14'8'' x 7'8'' |
| Family room | Basement | 14'8'' x 28'10'' |
| Cold room | Basement | 5'3'' x 9'1'' |
| Bedroom | Basement | 14'8'' x 14'0'' |
| 4pc Bathroom | Second level | 9'4'' x 5'1'' |
| Bedroom | Second level | 12'5'' x 12'8'' |
| Bedroom | Second level | 11'0'' x 12'9'' |
| 4pc Bathroom | Second level | 5'1'' x 9'8'' |
Description
A rare offering in Beechwood, this distinguished executive residence occupies one of the community's most desirable lots on a quiet cul-de-sac, backing onto mature greenery and just steps from the amenities of the Beechwood Park Homes Association. Custom-built by Bob Loebsack and meticulously maintained by its original owners, the home showcases exceptional craftsmanship, custom millwork, and timeless architectural design. The grand foyer opens to a dramatic double-height living room featuring soaring windows, French doors, and a fireplace. The custom kitchen is appointed with antique-white cabinetry, granite countertops, premium appliances, dual islands, and a distinctive breakfast area surrounded by windows. An elegant dining room with coffered ceilings and custom wainscoting provides the perfect setting for formal entertaining. A stunning main-floor library, inspired by traditional English manor homes, features floor-to-ceiling custom cabinetry, a rolling library ladder, coffered ceilings, and a fireplace, creating an exceptional home office. Upstairs, four spacious bedrooms are complemented by three full bathrooms. The luxurious primary suite offers a gas fireplace, walk-in closet, spa-inspired ensuite, and a private loft of approximately 450 sq. ft., ideal as a sitting area, or family lounge. Professionally finished by Country Lane Builders, the lower level features a family room with fireplace, bar area, fitness room, and flexible multi-purpose space. Set on approximately one-third of an acre, the backyard is designed for both recreation and entertaining, featuring a fully equipped outdoor kitchen, gas fireplace, in-ground hot tub, basketball court, and professional landscaping. Beechwood residents enjoy access to top-rated schools, extensive trails, recreation facilities, shopping, and close proximity to everyday amenities. A rare opportunity to own a home of exceptional quality, and enduring craftsmanship in one of Waterloo's premier communities. (id:63159)
Listing Information
- MLS®
- 40862017
- Data last synced
- September 15, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40862017
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$369/sqft
Building average
—
No other active listings in this building
417 - Beechwood/University average
$431/sqft
12 active listing(s)
Parking: 8 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($450,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,800,000.00
Periodic payment — Principal & Interest (monthly)$11,612.99
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,450.81
Total monthly cost$13,063.80
Interest paid over 5-yr term$515,885.17
Balance at end of term$1,619,105.82
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$450,000
Stress test qualifying rate8.19%
Payment you must qualify for$13,956.73
Cash Needed at Closing
Minimum down payment$450,000
Estimated Land Transfer Tax (LTT)$42,725
Legal / closing costs (typical estimate)$1,500
Total cash needed$494,225
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
