$750,000

For sale

422 GRANGEWOOD Drive, Waterloo - Single Family for Sale

422 GRANGEWOOD Drive, Waterloo, Ontario, N2K2E6

3 beds2 baths3 parking2,442 ft²Listed 44 days ago

Overview

This 3-bedroom, 2-bathroom home in Waterloo is for sale offering roughly 2,442 sq ft of space. Listed at $750,000, it is attractively priced about 14% below the $875,000 median asking price in Waterloo. It has been on the market 44 days, fresher than the Waterloo average of 67 days.

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Description

Welcome to 422 Grangewood Drive, where stylish updates meet incredible everyday living. This beautifully updated 3-bedroom, 2-bathroom home offers an impressive list of recent improvements, including a brand-new custom kitchen completed in May 2026 and a new roof completed in July 2026. The stunning custom kitchen is truly the heart of the home, featuring solid oak cabinetry, soft-close doors and drawers, granite countertops, pot lighting and cleverly designed hidden storage. The carpet-free main floor showcases beautiful engineered hardwood flooring and offers a warm, inviting space for both family living and entertaining. Downstairs, the finished recreation room provides excellent additional living space, complete with a bar and Murphy bed — ideal for movie nights, entertaining, guests or a comfortable flex space for the family. A dedicated basement workshop adds even more versatility and is perfect for the hobbyist, DIY enthusiast or anyone needing a functional workspace. Step outside to the large backyard and enjoy your own private summer retreat. The above-ground saltwater pool and hot tub create the perfect setting for relaxing, entertaining and making memories with family and friends. With a brand-new custom kitchen, new roof, finished basement, dedicated workshop and fantastic backyard amenities, 422 Grangewood Drive offers the perfect combination of thoughtful updates, functional living space and outdoor enjoyment. Move in, unpack and enjoy! (id:66096)

Property Details

MLS®: 40864984
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 2,442 ft²
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Ownership: Freehold
Property Tax: $5,671.75/yr
Listed

Rooms

Lower level

Workshop: 12'6'' x 21'4''
Utility room: 9'10'' x 10'11''
Recreation room: 12'5'' x 22'2''
Laundry room: 10'9'' x 24'1''
Cold room: 4'3'' x 24'1''
3pc Bathroom: 4'8'' x 10'4''

Main level

Primary Bedroom: 10'11'' x 13'0''
Living room: 13'1'' x 17'0''
Kitchen: 9'6'' x 14'5''
Dining room: 9'7'' x 9'7''

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Window Coverings, Garage door opener
Exterior: Brick, Aluminum siding
Lot Features: Country residential, Automatic Garage Door Opener

Services

Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Waterloo listings, avg age

67d

Price / ft²

$307

List price

$750K

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.

Haho

This 3-bed single family in Waterloo has been listed for 44 days, which is 23 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Coldwell Banker Peter Benninger Realty · NATHAN STEFFLER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2K)

This home lists at $750,000, about 6.3× the local median household income of $120,000.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $120,000
Population: 29,381
Median age: 40.4
Owner / renter: 82% / 18%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N2K)

$750,000· $307/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $50,000

Min 6.67%50%

Mortgage payment$3,881/mo

↳ CMHC premium ($28,000 capitalized)

Property tax (est.)$473/mo

Total monthly$4,354

Cash Needed to Close

Down payment (6.67%)$50,000

Land transfer tax$11,475

Est. closing costs$4,750

Total cash needed$66,225

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