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Property Type: Detached HouseOwnership: Freehold
596 REGAL Place
Waterloo, ON N2V2G3
MLS® 40844927
$2,680,000
5 bed5.5 bath7 parking6,452 sqftBuilt 2016
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 78 feet
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $17,817.31
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 17'4'' x 18'6'' |
| Storage | Basement | 15'5'' x 31'6'' |
| Utility room | Basement | 17'10'' x 22'2'' |
| 3pc Bathroom | Basement | — |
| Kitchen | Basement | 9'3'' x 11'2'' |
| Bedroom | Basement | 15'11'' x 20'0'' |
| Bedroom | Basement | 13'8'' x 29'3'' |
| Living room | Basement | 36'10'' x 40'2'' |
| Laundry room | Main level | 10'5'' x 11'6'' |
| Office | Main level | 10'10'' x 13'4'' |
| Breakfast | Main level | 8' x 14'5'' |
| Kitchen | Main level | 14'5'' x 21'9'' |
| Dining room | Main level | 14'5'' x 15'7'' |
| 2pc Bathroom |
Description
Experience upscale living in this stunning, over 6000 sq ft rarely found bungalow located in one of Waterloo’s most prestigious neighborhoods! The main level features three bedrooms, each with its own walk-in closet and private ensuite! A bright, welcoming foyer leads to a spacious living room with 12 ft ceiling, a gas fireplace, a stunning, open-concept kitchen with a large granite countertop, plenty of cabinets, butler's kitchen, high-end Miele appliances, and a sunny dining area that’s sure to impress. The main floor also includes an office with large windows for plenty of natural light, a separate dining room, a generous walk-in kitchen pantry, a beautiful 2 piece bathroom, and a laundry room. Head down to the expansive wide open finished basement and discover large windows, two large additional bedrooms (one currently serving as a gym), a luxurious three-piece bathroom, two spacious living areas, a bar/kitchenette, and plenty of room to let your creativity flow. The garage fits THREE cars and includes stairs leading down to the basement. This home features in-floor heating, granite countertops, high-end finishes throughout and top-of-the-line craftsmanship. The beautifully landscaped backyard is an entertainer’s dream, complete with an inground heated pool, a covered sitting area, and plenty of space for kids to play or for hosting parties. Regal Place is a private street with no through traffic and close to some of the best schools in the region and many amenities. Bungalows like this are rarely offered for sale and are becoming harder to find. Don't let this one slip away! (id:63161)
Listing Information
- MLS®
- 40844927
- Data last synced
- October 25, 2026
Royal Lepage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal Lepage Wolle Realty
MLS® Number: 40844927
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
$415/sqft
Building average
—
No other active listings in this building
441 - Erbsville/Laurelwood average
$413/sqft
19 active listing(s)
Parking: 7 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: 20.0% ($536,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$2,144,000.00
Periodic payment — Principal & Interest (monthly)$13,832.36
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,807.78
Total monthly cost$15,640.14
Interest paid over 5-yr term$614,476.56
Balance at end of term$1,928,534.93
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$536,000
Stress test qualifying rate8.19%
Payment you must qualify for$16,624.02
Cash Needed at Closing
Minimum down payment$536,000
Estimated Land Transfer Tax (LTT)$53,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$590,975
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.