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Basara.

Waterloo · Lakeshore North · Detached · MLS# 40813535

363 NORTHLAKE Drive

$899,000

4

bed

4

bath

3,290

sqft

1988

built

Detached · $273/sqft

Listed May 13, 2026

About this home.

RARE OPPORTUNITY IN LAKESHORE NORTH. For the first time since 1988, this lovingly maintained family home is available, offering a premier location backing directly onto serene, permanent greenspace. Situated on a substantial 64-foot by 131-foot lot, this solid brick two-storey residence provides an incredible 2,239 square feet of above-grade living space. The home has been meticulously cared for by the same family for decades and is now ready for a new owner to bring their modern vision to its classic, spacious layout. The main floor features a formal living and dining room, a bright kitchen with a breakfast area, and a family room with a natural gas fireplace and walkout to the deck to enjoy the peaceful views of the treed backyard. Upstairs, you will find four generously sized bedrooms, including a primary suite with a walk-in closet and 4-piece ensuite. The full basement adds even more functional space with a recreation room, bonus rooms, and a 3-piece bathroom. Located minutes from the St. Jacobs Farmer's Market, top-rated schools, and easy highway access, this property is the perfect canvas for those looking to build equity through personalized updates in a high-demand neighbourhood. With a double-car garage and a private double-wide driveway, the potential here is limitless. (id:59491)

The full record.

Property typeDetached
Year built1988
Square footage3,290 sqft
Lot size0
Bedrooms4
Bathrooms4
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedMay 13, 2026

How this listing prices against Lakeshore North.

5

Sales

$740,000

Median price

12

Days on market

97.3%

% of list

10

Active listings

N/A

Months supply

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.

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($179,800)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$4,117

Principal$719,200
Total interest$515,854
Total paid$1,235,054

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

363 NORTHLAKE Drive, Waterloo — $899,000 | Basara