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Property Type: Detached HouseOwnership: Freehold
345 OLD STONE Road
Waterloo, ON N2K1Z2
MLS® 40860477
$1,899,900
5 bed3.5 bath6 parking4,477 sqftBuilt 1970
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 125 feet
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $9,039.77
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 7'2'' x 6'1'' |
| Utility room | Basement | 10'10'' x 5'6'' |
| Bedroom | Basement | 13'7'' x 14'0'' |
| Family room | Basement | 30'0'' x 13'11'' |
| Office | Basement | 18'5'' x 28'11'' |
| 4pc Bathroom | Basement | 5'11'' x 9'1'' |
| Bedroom | Basement | 14'10'' x 13'7'' |
| Recreation room | Basement | 32'10'' x 13'5'' |
| 5pc Bathroom | Main level | 7'11'' x 15'9'' |
| Bedroom | Main level | 13'5'' x 11'8'' |
| Bedroom | Main level | 11'10'' x 11'9'' |
| Primary Bedroom | Main level | 13'10'' x 15'8'' |
| 2pc Bathroom | Main level | 4'9'' x 5'4'' |
Description
Welcome to an extraordinary Colonial Acres bungalow, offering over 4,000 sq. ft. of finished living space on a breathtaking 0.376-acre park-likelot. Combining luxury, comfort, and resort-style outdoor living, this exceptional property is a rare opportunity in one of Waterloo's most sought-after neighbourhoods. From the moment you arrive, you'll be impressed by the outstanding curb appeal, featuring an oversized double-cargarage and an expansive driveway with parking for six or more vehicles. The beautifully landscaped grounds create a private backyard retreatcomplete with a stunning inground concrete pool,hot tub, and multiple outdoor entertaining spaces designed for relaxation and memorablegatherings. Inside, the thoughtfully designed open-concept main floor is highlighted by a dramatic two-sided stone gas fireplace that serves asthe heart of the home. The custom gourmet kitchen is a chef's dream, showcasing premium appliances, a gas cooktop, built-in convection ovenand microwave, wine fridge, oversized island, and peninsula seating—perfect for both everyday living and entertaining. The main level featuresthree spacious bedrooms, including a generous primary retreat, along with a beautifully appointed main bathroom featuring a double-sink vanity,glass shower, and luxurious soaker tub. A separate front entrance leads to a functional mudroom and laundry area, complemented by a stylishpowder room with a custom live-edge vanity. The finished lower level extends the home's impressive living space with a large family roomfeaturing a cozy gas stove, two oversized bedrooms, a full bathroom, and a versatile office/library complete with custom built-in shelving.Offering the perfect blend of luxury and convenience, this private urban oasis is ideally located just minutes from the expressway, shopping, golfcourses, parks, and everyday amenities. Experience resort-style living without ever leaving the city. (id:63159)
Listing Information
- MLS®
- 40860477
- Data last synced
- September 15, 2026
Chestnut Park Realty Southwestern Ontario Limited
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Chestnut Park Realty Southwestern Ontario Limited
MLS® Number: 40860477
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
$424/sqft
Building average
—
No other active listings in this building
118 - Colonial Acres/East Bridge average
$379/sqft
18 active listing(s)
Parking: 6 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% ($379,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,519,920.00
Periodic payment — Principal & Interest (monthly)$9,806.01
Additional monthly expenses (condo fees, tax, utilities, etc.)$977.31
Total monthly cost$10,783.32
Interest paid over 5-yr term$435,613.44
Balance at end of term$1,367,172.96
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$379,980
Stress test qualifying rate8.19%
Payment you must qualify for$11,785.07
Cash Needed at Closing
Minimum down payment$379,980
Estimated Land Transfer Tax (LTT)$34,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$415,953
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.
