416 WOOLWICH STREET, Waterloo

$589,000

For sale: Vacant Land

Vacant Land at 416 WOOLWICH STREET, Waterloo
Property type
Vacant Land
Living area
699 sqft
MLS®
MLS® X13792444

Build Your Dream Home in One of Waterloo's Most Desirable Neighbourhoods! Located in the sought-after Lexington area, just steps from Old Kiwanis Park, this spacious vacant corner lot offers a rare opportunity to create a home that is truly your own. Set within a mature, established and family-friendly neighbourhood, this property offers the perfect combination of location, space and convenience. Municipal water and sewer are available from Woolwich Street, with hydro and gas conveniently located at the lot line, helping make the building process that much easier. Imagine designing a custom home perfectly suited to your lifestyle, surrounded by mature neighbourhoods, beautiful parks and trails, excellent schools and everyday amenities. With shopping, major roadways and everything Waterloo has to offer just minutes away, this is an opportunity to build in a location where properties like this rarely become available. Adding to the appeal, Ontario's enhanced New Housing Rebate (NHR) program for eligible owner-built homes may allow qualifying purchasers to recover up to $80,000 of the provincial portion of HST paid on the construction of a new home or substantial renovation. For qualifying owner-built homes, the enhanced rebate generally applies where construction begins on or after April 1, 2026 and on or before March 31, 2027, with substantial completion on or before December 31, 2029. Buyers are encouraged to independently verify eligibility requirements and program details.

Sold data

Homes in Waterloo — recent sold market

Homes in Waterloo took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 47, across 280 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $654,500.

Homes sold for about 1.8% below asking on average, so there was room to negotiate.

About 31% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$654,500
Sale-to-list ratio
98.2%
Sold above asking
31%

Based on 280 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 416 WOOLWICH STREET