391 TAMARACK DRIVE, Waterloo
$699,900
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 4 bedrooms, 3 bathrooms
- Living area
- 1,100 sqft
- MLS®
- MLS® X13772182
Location, Location, Location!!! Welcome to 391 Tamarack Drive, a beautifully maintained and renovated home located in the heart of Waterloo's highly sought-after University District. Just a short walk to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this property offers an exceptional opportunity for families, investors, parents of students, or buyers seeking a prime location with strong income potential. Situated in a family-friendly neighborhood, this well-kept raised bungalow features a bright open-concept living and dining area, three generously sized bedrooms, and a large private backyard perfect for relaxing or entertaining. The fully finished ground-floor apartment offers excellent flexibility as an in-law suite, extended family accommodation, or income-generating rental unit with the potential for a separate living arrangement. Additional highlights include a private driveway with parking for up to four vehicles, a spacious lot, and convenient access to public transit, shopping, restaurants, parks, and all major amenities. Located just minutes from Conestoga Mall and Highway 85, this property combines everyday convenience with outstanding long-term value. Located in an area with future medium-rise development potential, this property presents a rare opportunity for both homeowners and investors looking to benefit from Waterloo's continued growth.
Sold data
Detached homes in Waterloo — recent sold market
Detached homes in Waterloo took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 29, across 138 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 23 days.
The median sale price was $824,950.
Homes sold for about 0.7% below asking on average, so there was room to negotiate.
About 44% of sales closed above the list price.
Around 10% of sellers reduced their price before finding a buyer.
- Median days to sell
- 16
- Median sale price
- $824,950
- Sale-to-list ratio
- 99.3%
- Sold above asking
- 44%
Based on 138 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Waterloo
Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.
- Rated schools
- 31
- Elementary
- 27
- Secondary
- 4
- Average rating
- 6.8 / 10
Top-rated schools in Waterloo
- Millen Woods — elementaryFraser rating 8.9/10
- Sir John A Macdonald — secondaryFraser rating 8.7/10
- Abraham Erb — elementaryFraser rating 8.6/10
- Laurelwood — elementaryFraser rating 8.5/10
- Vista Hills — elementaryFraser rating 8.5/10
- Mary Johnston — elementaryFraser rating 8.3/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 391 TAMARACK DRIVE
$699,000
Detached4+131,100–1,500 sqft110 STEELES CRESCENT, Cambridge
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Detached431,100–1,500 sqft1236 AVONLEA ROAD, Cambridge
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Detached4+131,100–1,500 sqft28 WHEATLAND DRIVE, Cambridge
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Detached442,500–3,000 sqft161 DINGMAN STREET, Arthur, Wellington North
$898,999
Detached442,000–2,500 sqft255 REA DRIVE, Fergus, Centre Wellington
$699,900
Detached4+131,100–1,500 sqft471 ONTARIO STREET, Woodstock - South, Woodstock
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Townhouse431,500–2,000 sqft1 - 29 WEYMOUTH STREET, Woolwich
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Townhouse431,500–2,000 sqft29 BUR OAK DRIVE, 558 - Confederation Heights, Thorold