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Property Type: TownhouseOwnership: Condominium
555 CHABLIS Drive Unit# 24
Waterloo, ON N2T2Y1
MLS® 40872063
62
Walk Score
45
Transit
72
Bike
$597,000
3 bed3.5 bath2 parking1,448 sqftBuilt 2011
62
Walk Score
45
Transit
72
Bike
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
- Frontage
- 26 feet
R7
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $291/mo
- Annual property tax
- $4,268
Maintenance Fee Includes
Also included: Other, See Remarks
Interior
- Basement
- Unfinished, Full
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Second level | 7'3'' x 6'4'' |
| 4pc Bathroom | Second level | 5'2'' x 10'4'' |
| Bedroom | Second level | 9'10'' x 10'5'' |
| Bedroom | Second level | 13'6'' x 10'4'' |
| Primary Bedroom | Second level | 13'0'' x 15'6'' |
| 2pc Bathroom | Main level | 4'11'' x 4'5'' |
| Living room | Main level | 10'6'' x 19'5'' |
| Dining room | Main level | 9'9'' x 11'7'' |
| Kitchen | Main level | 9'8'' x 11'7'' |
| Bonus Room | Basement | 19'2'' x 40'0'' |
Description
Welcome to this stunning, move-in-ready townhome in a highly desirable Waterloo location offering the space and lifestyle you've been searching for. This beautifully updated open-concept home showcases modern finishes and abundant natural light throughout, featuring new main level flooring, a well-appointed kitchen with stainless steel appliances, generous counter space, and a breakfast peninsula that flows seamlessly into the dining and living room. Three generously sized bedrooms provide excellent flexibility for families and professionals, with the primary bedroom serving as a true sanctuary featuring a walk-in closet and private ensuite bathroom, while two additional bedrooms are serviced by a full bathroom plus a convenient powder room on the main level. Updates include new stairs carpet, bathroom fixtures, and freshly painted throughout. Parking for 2 cars with a single-car garage and driveway, as well as your own private outdoor deck walking out from the living room offer great convenience. The unfinished basement offers tremendous potential—ready for your vision as a recreation room, home gym, or additional living space. This property is steps to The Boardwalk, Costco, universities, shopping, restaurants, and public transit all in desirable Clair Hills. (id:63161)
Listing Information
- MLS®
- 40872063
- Data last synced
- October 29, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40872063
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
$412/sqft
Building average
—
No other active listings in this building
443 - Columbia Forest/Clair Hills average
$403/sqft
10 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: 5.8% ($34,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$477,600.00
Periodic payment — Principal & Interest (monthly)$3,081.31
Additional monthly expenses (condo fees, tax, utilities, etc.)$719.01
Total monthly cost$3,800.32
Interest paid over 5-yr term$136,881.53
Balance at end of term$429,602.74
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$34,700
Stress test qualifying rate8.19%
Payment you must qualify for$4,359.93
Cash Needed at Closing
Minimum down payment$34,700
Estimated Land Transfer Tax (LTT)$8,415
Legal / closing costs (typical estimate)$1,500
Total cash needed$44,615
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.
