$4,950,000
Waterloo
16 KRAFT Drive, Waterloo, Ontario, N2J4G8
This 4-bedroom, 5-bathroom home in Waterloo is for sale offering roughly 8,143 sq ft of space. It has been on the market 26 days, fresher than the Waterloo average of 67 days.
Situated on prime urban fringe, half a kilometre from the road, Kraft House unfolds across 40 private acres of rolling fields and mature trees, including more than 30 acres under crop and a border with GRCA-protected greenspace. A paved drive leads to a thoughtfully reimagined modern farmhouse, where a full-length porch welcomes morning light and the three-season sunroom and pool terrace capture evening sunsets. Deer and wild turkeys are daily visitors. More than $1.5 million invested over the past decade has transformed the home through extensive renovations and a considered addition. Inside, expansive windows illuminate hand-scraped Canadian hickory floors and open-concept living spaces. A stone-mantled fireplace grounds the family room, while a dining room, butler’s pantry and chef’s kitchen with generous island and custom lighting make entertaining feel effortless. The main-floor principal suite features a sunlit bay window and direct access to the three-season sunroom. A skylit office and new foyer add versatility and presence; the architecturally designed entrance portico features a gabled metal roof, substantial columns and exposed timber detailing. A walk-in pantry, laundry and three-piece bath complete the level. Upstairs are two bedrooms, a full bath and dedicated laundry. The finished lower level offers a recreation room, wet bar, bedroom and two baths. Above the three-car garage, a bright loft with floor-to-ceiling windows is ideal for a gym. A 1,200-square-foot heated workshop with 12- and 8-foot bay doors accommodates vehicles, boats and equipment. Outdoors, a 20-by-40-foot concrete pool with waterfall, fire pit and mature treescape invites long afternoons and sunset gatherings. Just beyond the city limits and less than ten minutes from St. John’s-Kilmarnock School and Waterloo Regional Airport, Kraft House offers rare privacy without sacrificing proximity to Kitchener, Waterloo and Breslau. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 26 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed single family in Waterloo has been listed for 26 days, which is 41 days fresher than the city average of 67. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $4,950,000, about 66.4× the local median household income of $74,500.
Carrying it typically needs a household income of about $966,908 (20% down, 25-yr amortization, stress-tested) — roughly 1198% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2J)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.