525 FALLINGBROOK Drive

About this home.

Welcome to 525 Fallingbrook Drive, a beautifully maintained home located in one of Waterloo’s most desirable and family-friendly neighbourhoods. This spacious property offers 3 bedrooms above grade plus 1 additional bedroom in the finished basement, along with 2 full bathrooms, making it an ideal choice for families, investors, or anyone seeking a move-in-ready home in a prime location. The home has been thoughtfully updated with major improvements already completed for you. Recent upgrades include a new furnace (2019), new gutters, new windows, new stamped concrete driveway, and updated kitchen cabinets. The kitchen also features five upgraded appliances and a newer water heater, providing modern convenience and long-term peace of mind. The layout offers bright, comfortable living spaces with excellent flow, while the finished basement provides additional living area perfect for guests, a home office, or recreation. The property sits in a quiet, mature neighbourhood close to top-rated schools, universities, parks, shopping, transit, and all amenities Waterloo is known for. (id:59491)

The full record.

How this listing prices against Lakeshore North.

Lakeshore North posted 5 sales and 6 active listings, a relatively tight market by Waterloo standards. The average sale price was $786,000, a bit below the city average, but homes sold in just 17 days and at 95.78% of list, which shows buyers are engaging quickly when inventory appears. All completed sales were freeholds, so the neighbourhood's current tone is being set by detached homes rather than condos. With supply almost matching recent sales volume, this area reads as one of the steadier pockets in the city.

Estimate the monthly carry.