248 THE LION'S Gate

About this home.

A rare offering in Beechwood, this distinguished executive residence occupies one of the community's most desirable lots on a quiet cul-de-sac, backing onto mature greenery and just steps from the amenities of the Beechwood Park Homes Association. Custom-built by Bob Loebsack and meticulously maintained by its original owners, the home showcases exceptional craftsmanship, custom millwork, and timeless architectural design. The grand foyer opens to a dramatic double-height living room featuring soaring windows, French doors, and a fireplace. The custom kitchen is appointed with antique-white cabinetry, granite countertops, premium appliances, dual islands, and a distinctive breakfast area surrounded by windows. An elegant dining room with coffered ceilings and custom wainscoting provides the perfect setting for formal entertaining. A stunning main-floor library, inspired by traditional English manor homes, features floor-to-ceiling custom cabinetry, a rolling library ladder, coffered ceilings, and a fireplace, creating an exceptional home office. Upstairs, four spacious bedrooms are complemented by three full bathrooms. The luxurious primary suite offers a gas fireplace, walk-in closet, spa-inspired ensuite, and a private loft of approximately 450 sq. ft., ideal as a sitting area, or family lounge. Professionally finished by Country Lane Builders, the lower level features a family room with fireplace, bar area, fitness room, and flexible multi-purpose space. Set on approximately one-third of an acre, the backyard is designed for both recreation and entertaining, featuring a fully equipped outdoor kitchen, gas fireplace, in-ground hot tub, basketball court, and professional landscaping. Beechwood residents enjoy access to top-rated schools, extensive trails, recreation facilities, shopping, and close proximity to everyday amenities. A rare opportunity to own a home of exceptional quality, and enduring craftsmanship in one of Waterloo's premier communities. (id:59491)

The full record.

How this listing prices against Beechwood/University.

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

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