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Basara.

Waterloo · Lakeshore North · Detached · MLS# 40829731

565 SPRINGWATER Drive

$959,900

2

bed

3

bath

2,667

sqft

2004

built

Detached · $360/sqft

Listed May 14, 2026

About this home.

You will be impressed by this well maintained one owner bungalow! Located in desirable conservation meadows, this home has many outstanding features you will want to see. Heading inside from the covered front porch, there is an inviting front entrance, a main floor laundry room, and a full 4 pc bath on this level. The main floor offers 2 spacious bedrooms including the primary bedroom with double closets and a lovely en suite bathroom complete with an oversized deep soaker tub and separate shower. You will love cooking in this updated oak kitchen (2016) with a peninsula and plenty of cupboards. Enjoy relaxing in your living room boasting a cozy gas fireplace and large bright windows with custom shutters. From the dining room you can step out to a newer composite deck (2020) overlooking the manicured backyard. Head down to the lower level and you will find an open concept space that includes a huge rec room with your own pool table, a custom bar and dinette room to host your guests, and a large additional exercise room. To complete this level, you have a 3 pc bath and plenty of storage. Other updates include newer roof ( 2020) Water heater (2018), water softener (2024) and a newer furnace and heat pump system ( 2022). There is plenty of parking with an oversized double garage and double driveway. All located on a quiet street just minutes away from shopping, schools and the farmers market. Just move in and call this home your own! (id:59491)

The full record.

Property typeDetached
Year built2004
Square footage2,667 sqft
Lot size0
Bedrooms2
Bathrooms3
HeatingHeat Pump,, ,Natural gas
CoolingCentral air conditioning
ListedMay 14, 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
%($191,980)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$4,396

Principal$767,920
Total interest$550,799
Total paid$1,318,719

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

565 SPRINGWATER Drive, Waterloo — $959,900 | Basara