$875,000
For sale: Detached

Welcome to 697 Rhine Fall Drive, a charming two-storey home in the sought-after Clair Hills neighbourhood. Featuring 2,509 sq. ft. of above-grade finished living space, this home offers 4 bedrooms and 4 bathrooms. The bright, open-concept eat-in kitchen features stainless-steel appliances and opens to the adjoining family room, while separate living and dining rooms provide additional space for entertaining. The spacious principal bedroom offers a customized closet, an ensuite with double sinks, and peaceful views of the woods. The professionally finished basement features a large recreation room, custom bar/kitchenette with a full-size refrigerator, gas fireplace, and a 3-piece bathroom with heated floors and a full Mirolin shower unit. Updates include a new roof in 2020, a furnace and air conditioning system updated in 2025, and 200-amp electrical service.Enjoy outdoor living on the deck overlooking a private backyard backing onto a tranquil forest and trail system. The deck features a shaded gazebo and gas line for BBQs, perfect for entertaining family and friends. A custom laundry/mudroom with ample storage and a premium washer and dryer adds everyday convenience. Ideally located near Vista Hills Public School, SJAM, and the University of Waterloo, with easy access to Costco and the shopping, dining, and medical services at The Boardwalk. Enjoy comfortable family living in a peaceful setting close to everyday amenities. Appliances and fireplaces are included in their current as-is condition.
Sold data
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 144 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 23 days.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 1.0% below asking on average, so there was room to negotiate.
About 43% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 144 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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