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Property Type: Detached HouseOwnership: Freehold
602 HIGHPOINT AVENUE
Waterloo, ON N2L4N1
MLS® X13803276
$579,900
4 bed2.5 bath4 parking
Property Details
Property & Lot
- Sub-type
- House
- Style
- Raised bungalow
- Stories
- 1
- Lot size
- 60 x 100 FT
- Frontage
- 60 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,987
Interior
- Basement
- Finished, N/A
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Bathroom | Main level | — |
| Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
| Bedroom 3 | Main level | — |
| Bedroom | Basement | — |
| Recreational, Games room | Basement | — |
| Family room | Basement | — |
Description
Client RemarksOPPORTUNITY KNOCKS IN LAKESHORE ! Welcome to 602 Highpoint Avenue, a rock-solid, all-brick raised bungalow nestled in one of Waterloo's most desirable family neighborhoods. Offered as a clean "blank canvas" ready for its next chapter.The main floor features an exceptionally bright, expansive living room with a massive front bay window, a formal dining area, a functional kitchen with a rear walkout, three bedrooms, and a full 4-piece bathroom. Distinct from conventional raised bungalows, the low-profile design features a highly accessible entry with just a single step into the home.The fully finished lower level massively expands your living space, showcasing a huge family room anchored by a rustic brick feature wall and a cozy wood-burning stove. This level also includes a spacious fourth bedroom, a powder room, a dedicated laundry area, and a separate workshop/utility space with abundant storage.Step outside to your private wood deck overlooking a wide, beautifully landscaped, fully fenced yard framed by a pristine cedar hedge and mature fruit trees. Additional features include a deep asphalt driveway and vinyl windows (approximately 10 years old). Walk to top-rated schools, parks, and local amenities. Unlock this home's massive potential today!Brokerage Remarks (id:63159)
Listing Information
- MLS®
- X13803276
- Data last synced
- September 25, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: X13803276
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 Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Waterloo average
$436/sqft
188 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: 5.7% ($32,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$463,920.00
Periodic payment — Principal & Interest (monthly)$2,993.05
Additional monthly expenses (condo fees, tax, utilities, etc.)$332.25
Total monthly cost$3,325.30
Interest paid over 5-yr term$132,960.81
Balance at end of term$417,297.54
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$32,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,240.60
Cash Needed at Closing
Minimum down payment$32,990
Estimated Land Transfer Tax (LTT)$8,073
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,563
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.
