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Basara.

Waterloo · Beechwood/University · Townhouse · MLS# 40827792

397 KEATS Way Unit# 4

$399,000

4

bed

2

bath

1,587

sqft

1978

built

Townhouse · $251/sqft

Listed May 14, 2026

About this home.

Welcome to your family's next chapter in the desirable neighbourhood of beechwood in beautiful Waterloo. This bright, open concept townhome features 3 bedrooms and two bathrooms with almost 1600 square feet of finished living space. The main floor living area offers an oversized chef's kitchen with built-in, stainless-steel appliances, stone countertops, a large walk-in pantry, and a dry bar suitable for coffee & wine service. The upper level presents three generously sized bedrooms and a 4-piece bathroom with a double sink vanity. The above ground lower level is bright and functional, perfectly situated for a home office & TV room. Step outside through the glass sliding doors to the private, fenced in backyard with a stone patio and gate access to Keats Way Drive. Minutes from both University of Waterloo & Wilfrid Laurier, highway access, schools and parks. New windows & Front door October 2025. New Sodding front and backyard May 2026. Ample visitor parking included. Come see this beautiful townhome for yourself today! (id:59491)

The full record.

Property typeTownhouse
Year built1978
Square footage1,587 sqft
Lot size0
Bedrooms4
Bathrooms2
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedMay 14, 2026

How this listing prices against Beechwood/University.

13

Sales

$570,000

Median price

35

Days on market

94.4%

% of list

111

Active listings

N/A

Months supply

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.

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($79,800)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$1,827

Principal$319,200
Total interest$228,950
Total paid$548,150

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca