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Property Type: Detached HouseOwnership: Freehold
584 PINERY Trail
Waterloo, ON N2V2Y3
MLS® 40852361
$999,999
6 bed5.5 bath6 parking2,625 sqft
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 40 feet
R4
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,508
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Basement | 12'4'' x 9'10'' |
| Bedroom | Basement | 11'6'' x 9'10'' |
| Living room | Basement | 26'3'' x 9'0'' |
| Kitchen | Basement | 11'6'' x 8'2'' |
| 3pc Bathroom | Basement | — |
| 2pc Bathroom | Main level | — |
| 3pc Bathroom | Second level | — |
| 4pc Bathroom | Second level | — |
| 5pc Ensuite bath | Main level | — |
| Laundry room | Second level | — |
| Loft | Second level | 8'11'' x 7'9'' |
| Bedroom | Second level | 10'9'' x 16'2'' |
| Bedroom | Second level | 10'9'' x 12'3'' |
| Bedroom | Second level |
Description
Welcome to 584 Pinery Trail-an exceptional home in Waterloo's sought-after Conservation Meadows, perfect for first-time buyers and those looking to upgrade into more space and flexibility. Backing onto serene greenspace and just minutes from Laurel Creek Reservoir and the University of Waterloo, this well-maintained legal duplex offers over 3,400 sq ft of living space-combining lifestyle and income potential. The main home features 4 spacious bedrooms, multiple living areas, and a functional layout ideal for growing families. Enjoy separate living & family rooms as well as formal dining room-perfect for entertaining, relaxing, or working from home-along with a modern upgraded kitchen featuring sleek cabinetry, stylish countertops, and a gas oven. Fresh paint throughout adds a clean, move-in-ready feel. For first-time buyers, the fully legal 2-bedroom walkout basement (2nd Dwelling) apartment provides an incredible advantage. Currently rented for $1,700/month, it includes a private entrance, separate laundry, and its own patio-helping offset mortgage costs while building equity. With 6 bedrooms and 5 bathrooms in total, this home offers flexibility for multi-generational living or future rental opportunities. Recent upgrades include a new furnace (2023), tankless water heater, and water softener, along with newly installed Zebra Blinds, interior and exterior pot lights, and smart security features for added comfort and peace of mind. Step outside to a large deck with a gas BBQ line overlooking peaceful greenery-perfect for relaxing or hosting. Close to top-rated schools, parks, shopping, and transit, this home offers both convenience and long-term value. A rare opportunity for buyers looking to enter the market or upgrade with income potential-don't miss it! (id:63159)
Listing Information
- MLS®
- 40852361
- Data last synced
- September 15, 2026
HOMELIFE MIRACLE REALTY LTD
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: HOMELIFE MIRACLE REALTY LTD
MLS® Number: 40852361
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
$381/sqft
Building average
—
No other active listings in this building
441 - Erbsville/Laurelwood average
$416/sqft
19 active listing(s)
Parking: 6 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: 7.5% ($75,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$799,999.00
Periodic payment — Principal & Interest (monthly)$5,161.32
Additional monthly expenses (condo fees, tax, utilities, etc.)$756.67
Total monthly cost$5,917.99
Interest paid over 5-yr term$229,282.01
Balance at end of term$719,601.69
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$75,000
Stress test qualifying rate8.19%
Payment you must qualify for$7,172.20
Cash Needed at Closing
Minimum down payment$75,000
Estimated Land Transfer Tax (LTT)$16,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$92,975
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.
