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Property Type: Detached HouseOwnership: Freehold
530 GLEN FORREST BOULEVARD
Waterloo, ON N2L4J1
MLS® X14081728
$500,000
5 bed2 bath2 parking
Property Details
Property & Lot
- Sub-type
- House
- Style
- Raised bungalow
- Stories
- 1
- Lot size
- 105.6 x 65.4 FT
- Frontage
- 105.7 feet
SD
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,302 (2026)
Interior
- Basement
- Finished, Full, Separate entrance, N/A, N/A
- Heating
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Basement | — |
| Kitchen | Main level | — |
| Living room | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom | Basement | — |
| Bedroom 2 | Basement | — |
| Kitchen | Basement | — |
| Laundry room | Basement | — |
| Recreational, Games room | Basement | — |
| Bathroom | Main level | — |
| Bedroom 3 | Main level | — |
| Bedroom 4 | Main level | — |
| Dining room | Main level | — |
Description
Welcome to 530 Glen Forrest Boulevard, Waterloo! Located in the established Lakeshore Village neighbourhood, this property offers an exciting opportunity for first-time home buyers looking for a mortgage helper or investors seeking a multi-unit income property. With a versatile layout featuring 3 bedrooms on the main level, plus additional living space in the basement with a separate entrance, there is plenty of potential to explore. Whether you're looking to offset your mortgage with rental income, accommodate extended family, or add to your investment portfolio, this property offers flexibility to suit your needs.Enjoy the convenience of a central Waterloo location, close to schools, parks, shopping, public transit and everyday amenities. With easy access to major commuter routes and the expressway, getting around Waterloo Region is simple. The established neighbourhood, practical location and potential for multiple living arrangements make this a fantastic opportunity for buyers looking to get into the market or investors looking for their next project. Don't miss your chance to make the most of all this property has to offer! (id:63161)
Listing Information
- MLS®
- X14081728
- Tax assessment year
- 2026
- Data last synced
- October 26, 2026
REAL BROKER ONTARIO LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: REAL BROKER ONTARIO LTD.
MLS® Number: X14081728
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 Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Waterloo average
$436/sqft
188 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: 5.0% ($25,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$400,000.00
Periodic payment — Principal & Interest (monthly)$2,580.66
Additional monthly expenses (condo fees, tax, utilities, etc.)$275.17
Total monthly cost$2,855.83
Interest paid over 5-yr term$114,641.15
Balance at end of term$359,801.29
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$25,000
Stress test qualifying rate8.19%
Payment you must qualify for$3,683.03
Cash Needed at Closing
Minimum down payment$25,000
Estimated Land Transfer Tax (LTT)$6,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,975
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.
