516 PREAKNESS STREET, Waterloo

$1,399,900

For sale: Detached

Detached at 516 PREAKNESS STREET, Waterloo
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 3 bathrooms
Living area
3,000 sqft
MLS®
MLS® X13771596

Welcome to this exceptional custom-built residence in prestigious Woolwich Estates, where timeless design, impeccable craftsmanship and thoughtful details create a truly remarkable home. From the impressive foyer, the main floor unfolds beautifully with a private office, spacious mudroom, and showstopping chef's kitchen featuring quartz countertops and a walk-in pantry. The inviting living room, anchored by a gas fireplace, opens seamlessly to the covered patio, creating an effortless connection between indoor and outdoor living. Upstairs, four generous bedrooms offer exceptional space for family and guests. The luxurious primary retreat features a spa-inspired ensuite and walk-in closet, while the second and third bedrooms share a convenient Jack-and-Jill ensuite. The breathtaking backyard oasis designed for unforgettable summers and effortless entertaining, this private resort-like retreat features a sparkling pool, hot tub and fabulous covered entertaining space. Whether hosting a crowd, enjoying long summer evenings poolside or simply unwinding at home, this backyard offers an extraordinary lifestyle rarely found. This spectacular home perfectly blends luxury, comfort and exceptional indoor-outdoor living.

Sold data

Detached homes in Waterloo — recent sold market

Detached homes in Waterloo took a median of 15 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 33, across 157 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.

The median sale price was $799,999.

Homes sold for about 1.0% below asking on average, so there was room to negotiate.

About 39% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
15
Median sale price
$799,999
Sale-to-list ratio
99.0%
Sold above asking
39%

Based on 157 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 WoodselementaryFraser rating 8.9/10
  • Sir John A MacdonaldsecondaryFraser rating 8.7/10
  • Abraham ErbelementaryFraser rating 8.6/10
  • LaurelwoodelementaryFraser rating 8.5/10
  • Vista HillselementaryFraser rating 8.5/10
  • Mary JohnstonelementaryFraser rating 8.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 516 PREAKNESS STREET