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Basara.

Waterloo · Erbsville/Laurelwood · Detached · MLS# 40843757

585 REGAL Place

$1,995,000

3

bed

4

bath

3,951

sqft

2018

built

Detached · $505/sqft

Listed July 1, 2026

About this home.

Positioned on a beautifully landscaped corner lot at the end of a quiet cul-de-sac, 585 Regal Place offers an exceptional blend of luxury, comfort, and everyday livability in one of Waterloo's most sought-after neighbourhoods. This former model home showcases over 4,300 sq. ft. of thoughtfully designed living space, including more than 3,500 sq. ft. on the main level, complemented by an oversized triple-car garage with soaring ceilings and a dedicated workshop area. A cobblestone driveway and covered front entrance introduce an impressive interior where 10-foot ceilings, expansive windows, and spacious principal rooms create an inviting atmosphere filled with natural light. The chef-inspired kitchen serves as the heart of the home, offering custom cabinetry, granite countertops, premium appliances, a large island, and seamless access to the breakfast area and covered outdoor living space, making entertaining effortless in every season. Elegant formal living and dining rooms provide refined spaces for hosting, accented by rich hardwood flooring, statement lighting, and walls perfectly suited for displaying artwork. The luxurious primary suite is a private sanctuary featuring a spa-inspired ensuite with a double-sided fireplace, soaker tub, and an expansive custom dressing room. Two additional bedrooms, including a private ensuite, a dedicated home office, main-floor laundry, and a beautifully finished lower level with recreation, fitness, and guest accommodations ensure flexibility for every stage of life. Professionally landscaped gardens, mature trees, and multiple outdoor seating areas create a peaceful setting to relax or entertain. Just minutes from championship golf, scenic walking trails, the St. Jacobs Farmers' Market, shopping, and highly regarded schools, this remarkable residence delivers the space, quality, and lifestyle today's discerning buyer is seeking. (id:59491)

The full record.

Property typeDetached
Year built2018
Square footage3,951 sqft
Lot size0
Bedrooms3
Bathrooms4
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedJuly 1, 2026

How this listing prices against Erbsville/Laurelwood.

10

Sales

$1,071,250

Median price

19

Days on market

97.6%

% of list

8

Active listings

N/A

Months supply

Erbsville/Laurelwood recorded 10 sales and just 11 active listings, one of the tighter inventory setups in Waterloo over the past 30 days. The average sale price was $977,450, above the city average, while homes sold in 22 days and achieved 97.83% of list, pointing to firm conditions without the market feeling frantic. All sales were freeholds, which gives the neighbourhood a clear detached-home identity in this dataset. Compared with Waterloo overall, this area is both more expensive and more competitive.

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($399,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$9,136

Principal$1,596,000
Total interest$1,144,749
Total paid$2,740,749

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

585 REGAL Place, Waterloo — $1,995,000 | Basara