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Basara.

Waterloo · Lakeshore/Parkdale · Detached · MLS# 40835792

402 LAKEVIEW Drive

$820,000

4

bed

2

bath

1,251

sqft

1975

built

Detached · $655/sqft

Listed June 3, 2026

About this home.

Welcome to 402 Lakeview Drive, a stunning home nestled in the highly coveted Lakeshore neighbourhood of Waterloo. Beautifully upgraded and completely move-in ready, this exceptional 3+1 bedroom raised bungalow offers an elevated living. Set on a premium lot with no rear neighbours, this property delivers rare privacy and a peaceful setting. Step inside the bright, open-concept living spaces, enhanced by newly installed pot lights and stylish designer fixtures. The expansive living and dining areas are ideal for both everyday living and elegant entertaining. Fully renovated kitchen (2026) shines with brand-new stainless steel appliances contemporary finishes and abundant space for hosting and gathering with loved ones. Every detail has been thoughtfully updated, including beautifully renovated bathrooms, a new furnace and air conditioning system and carpet-free flooring that flows throughout the entire home. The main level features 3 generously sized bedrooms, each filled with natural light, along with a tastefully updated bathroom. The fully finished walkout basement, featuring an additional bedroom, a modern 3pc bathroom and a large recreation room with direct access to a bright, inviting sunroom. This lower level is ideal for extended family living, guests or even the potential for a private in-law or granny suite. Step out onto the spacious private backyard with upper deck, complete with plenty of room for children to play and families to gather. A single-car garage with direct access to the basement adds everyday practicality. Location truly sets this property apart, with close proximity to top-tier amenities including the University of Waterloo, Laurel Creek Conservation Area, Grey Silo Golf Club, Stork Family YMCA and walking and biking trails right from your backyard and quick access to schools and the thriving tech hub. Rarely offered in one of Waterloo’s most desirable communities, this home is the complete package. Book your private showing today. (id:59491)

The full record.

Property typeDetached
Year built1975
Square footage1,251 sqft
Lot size0
Bedrooms4
Bathrooms2
Heating,Forced air,, Electric,,Natural gas
CoolingCentral air conditioning
ListedJune 3, 2026

How this listing prices against Lakeshore/Parkdale.

7

Sales

$800,000

Median price

22

Days on market

96.8%

% of list

60

Active listings

N/A

Months supply

Lakeshore/Parkdale recorded 8 sales and 56 active listings, so buyers currently have substantial choice relative to recent deal flow. The average sale price was $737,169, below the Waterloo average, but homes sold in 21 days and at 97.09% of list, which is firmer than the inventory count alone would suggest. All completed sales were freeholds, while condo listings remain plentiful without any recent closings. That leaves the neighbourhood split between a functioning detached market and a condo segment still waiting for momentum.

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($164,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$3,755

Principal$656,000
Total interest$470,523
Total paid$1,126,523

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

402 LAKEVIEW Drive, Waterloo — $820,000 | Basara