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Property Type: Detached HouseOwnership: Freehold
569 VIOLET Street
Waterloo, ON N2V2T8
MLS® 40843883
$839,900
4 bed3.5 bath2 parking2,618 sqftBuilt 2005
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 30 feet
FR50
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,900.92
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 18'7'' x 10'3'' |
| Recreation room | Basement | 24'1'' x 19'6'' |
| Bedroom | Second level | 18'5'' x 11'5'' |
| 3pc Bathroom | Second level | — |
| Bedroom | Second level | 14'5'' x 9'3'' |
| Bedroom | Second level | 8'1'' x 10'6'' |
| 4pc Bathroom | Second level | — |
| Primary Bedroom | Second level | 13'11'' x 14'8'' |
| 2pc Bathroom | Main level | — |
| Living room | Main level | 9'0'' x 10'8'' |
| Kitchen | Main level | 9'0'' x 21'10'' |
| Dining room | Main level | 11'7'' x 10'8'' |
Description
Welcome to 569 Violet Street, where comfort, space, and an incredible family-friendly location come together in one of Waterloo's most sought-after neighbourhoods. This beautifully maintained 4-bedroom home offers the flexibility today's families are looking for, with an additional upper-level room that can easily serve as a fourth bedroom, home office, playroom, or be converted back into a spacious family room. The primary suite is a true retreat, featuring a stunning brand-new ensuite and a generous walk-in closet designed for everyday comfort. The bright, functional main floor is perfect for both entertaining and daily living, with the kitchen (updated in 2022) opening onto a spacious deck overlooking the peaceful green space behind the home. Whether you're enjoying your morning coffee, hosting summer barbecues, or simply unwinding at the end of the day, the private backdrop of the Columbia Forest trail system creates a setting that's hard to beat. Downstairs, the finished walkout basement adds exceptional versatility with direct access to the backyard as well as a separate entrance through the garage, making it an excellent opportunity for multi-generational living or future in-law suite potential. Location is everything, and this home delivers. You're just a short walk to Abraham Erb Public School and Laurel Heights Secondary School, with scenic walking trails, parks, a newer splash pad, shopping, restaurants, the YMCA, public library, transit, and both universities all within easy reach. This is a neighbourhood known for its outstanding schools, beautiful green spaces, and welcoming community atmosphere. (id:63161)
Listing Information
- MLS®
- 40843883
- Data last synced
- October 26, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40843883
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
$321/sqft
Building average
—
No other active listings in this building
443 - Columbia Forest/Clair Hills average
$406/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: 7.0% ($58,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$671,920.00
Periodic payment — Principal & Interest (monthly)$4,335.00
Additional monthly expenses (condo fees, tax, utilities, etc.)$622.74
Total monthly cost$4,957.74
Interest paid over 5-yr term$192,574.20
Balance at end of term$604,394.21
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$58,990
Stress test qualifying rate8.19%
Payment you must qualify for$6,054.97
Cash Needed at Closing
Minimum down payment$58,990
Estimated Land Transfer Tax (LTT)$13,273
Legal / closing costs (typical estimate)$1,500
Total cash needed$73,763
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.
