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Property Type: Detached HouseOwnership: Freehold
574 CLIPPER Drive
Waterloo, ON N2K4B4
MLS® 40870415
$899,900
2 bed3 bath4 parking2,858 sqftBuilt 2000
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 65 feet
SD
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,972.53
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 11'7'' x 4'11'' |
| Utility room | Basement | 6'9'' x 10'10'' |
| Den | Basement | 11'1'' x 14'6'' |
| 3pc Bathroom | Basement | — |
| Recreation room | Basement | 31'7'' x 25'6'' |
| 4pc Ensuite bath | Main level | — |
| Bedroom | Main level | 11'1'' x 11'10'' |
| 3pc Bathroom | Main level | — |
| Primary Bedroom | Main level | 17'1'' x 17'3'' |
| Laundry room | Main level | — |
| Living room | Main level | 14'11'' x 10'6'' |
| Kitchen | Main level | 11'7'' x 11'2'' |
| Dining room | Main level | 16'7'' x 15'5'' |
Description
Exceptional 2 bedroom + Den, 3 full bathroom bungalow in the highly sought-after Eastbridge neighbourhood. The main floor features a formal dining room, hardwood flooring, convenient main-floor laundry, and a spacious living room complete with a gas fireplace. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, and a walkout to the deck and fully fenced backyard. Completely renovated over the years. Fully renovated bathrooms, flooring, fresh paint ,2 gas fireplaces, stunning basement with wet bar + Den. The primary bedroom is a true retreat, offering its own walkout to the deck, a walk-in closet, a 4-piece ensuite, stunning finishes. Beautifully finished lower level, where you'll find a spacious rec room with a second gas fireplace, a wet bar, a 3-piece bathroom, and an oversized storage room. With an added bonus room. Completing the home is a full two-car garage and ample driveway parking. Added upgrades are the stone interlocking drive way and walk way. Brand new back deck, railing and interlocking patio. Sprinkler system, Alarm system, Furnace and A/C 2025/2026. (id:63159)
Listing Information
- MLS®
- 40870415
- Data last synced
- October 10, 2026
Peak Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Peak Realty Ltd.
MLS® Number: 40870415
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
$315/sqft
Building average
—
No other active listings in this building
118 - Colonial Acres/East Bridge average
$387/sqft
18 active listing(s)
Parking: 4 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: 7.2% ($64,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$719,920.00
Periodic payment — Principal & Interest (monthly)$4,644.68
Additional monthly expenses (condo fees, tax, utilities, etc.)$640.71
Total monthly cost$5,285.39
Interest paid over 5-yr term$206,331.14
Balance at end of term$647,570.37
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$64,990
Stress test qualifying rate8.19%
Payment you must qualify for$6,473.68
Cash Needed at Closing
Minimum down payment$64,990
Estimated Land Transfer Tax (LTT)$14,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$80,963
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.
