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Property Type: Detached HouseOwnership: Freehold
425 SPECKLED ALDER Street
Waterloo, ON N2V2T5
MLS® 40872059
67
Walk Score
34
Transit
72
Bike
$749,000
5 bed4.5 bath2 parking1,742 sqftBuilt 2005
67
Walk Score
34
Transit
72
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 28 feet
50-R5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,179
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 6'7'' x 9'1'' |
| 4pc Bathroom | Basement | 8'1'' x 11'5'' |
| Bedroom | Basement | 11'1'' x 18'11'' |
| 4pc Bathroom | Second level | 7'5'' x 11'2'' |
| 3pc Ensuite bath | Second level | 4'10'' x 5'8'' |
| Bedroom | Second level | 8'9'' x 11'11'' |
| Bedroom | Second level | 9'11'' x 11'10'' |
| Bedroom | Second level | 10'1'' x 13'11'' |
| Primary Bedroom | Second level | 12'11'' x 19'0'' |
| Laundry room | Main level | 5'4'' x 10'6'' |
| 2pc Bathroom | Main level | 3'8'' x 7'2'' |
| Dining room | Main level | 8'2'' x 9'8'' |
| Kitchen | Main level | 9'8'' x 10'10'' |
Description
Welcome to 425 Speckled Alder St, a stunning two-storey residence nestled in one of Waterloo's most desirable neighborhoods. Offering 1,742 sq ft of beautifully designed living space above grade, plus a fully finished 655 sq ft basement, for a total of 2,397 sq ft, this home is perfectly suited for growing families and those who love to entertain. Step inside to a bright and inviting open-concept main floor, anchored by a spacious living room featuring a cozy gas fireplace, the perfect setting for relaxing evenings or hosting guests. The convenience of main floor laundry adds to the home's thoughtful functionality. Freshly and recently painted throughout, this home is truly move-in ready, and a deck (2022) offers the ideal space for outdoor gatherings and summer evenings. Upstairs, you'll find four generously sized bedrooms, including an impressive master retreat with a private ensuite. The finished basement offers versatile space for entertaining or accommodating guests, complete with a stylish 4-piece bathroom. Location is everything, and this home delivers: enjoy the convenience of being within walking distance to Abraham Erb Public School, St. Nicholas Catholic Elementary School, and Laurel Heights Secondary School, a rare offering for families. Nearby, the Laurelwood Commons shopping plaza provides everyday essentials including Food Basics, Dollarama, Shoppers Drug Mart, and more, all just steps away. Transit is easily accessible with a nearby bus stop, and nature lovers will appreciate the scenic walking trails right at your doorstep. For added lifestyle appeal, this home is also close to the YMCA, Costco, the public library, and beautiful conservation areas, offering the perfect balance of comfort, convenience, and community. This exceptional property is ready to welcome its next chapter. Don't miss the opportunity to make 425 Speckled Alder St your forever home. (id:63159)
Listing Information
- MLS®
- 40872059
- Data last synced
- October 17, 2026
Century 21 Right Time Real Estate Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Century 21 Right Time Real Estate Inc.
MLS® Number: 40872059
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
$430/sqft
Building average
—
No other active listings in this building
443 - Columbia Forest/Clair Hills average
$401/sqft
41 active listing(s)
Parking: 2 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: 6.7% ($49,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$599,200.00
Periodic payment — Principal & Interest (monthly)$3,865.84
Additional monthly expenses (condo fees, tax, utilities, etc.)$518.58
Total monthly cost$4,384.42
Interest paid over 5-yr term$171,732.44
Balance at end of term$538,982.34
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$49,900
Stress test qualifying rate8.19%
Payment you must qualify for$5,420.64
Cash Needed at Closing
Minimum down payment$49,900
Estimated Land Transfer Tax (LTT)$11,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$62,855
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.
