481 BEECHWOOD Drive Unit# 3

About this home.

Welcome to 481 Beechwood Drive, Unit 3, an absolute must-see in Waterloo's highly sought-after Beechwood neighbourhood. Surrounded by mature trees and quiet residential streets, and just minutes from universities, shopping, parks, transit, and walking trails, this location is hard to beat. The main floor offers a bright, functional layout with spacious living and dining areas, a cozy fireplace, and sliding doors leading to a private, fenced backyard. The kitchen is well-sized and open to the main living space, with a convenient powder room completing the level. Upstairs, you’ll find two generous bedrooms, including a large primary suite with its own ensuite, plus an additional full bathroom. The finished lower level adds even more living space with a large rec room, laundry area, and direct access to the attached garage. Recent updates include a newer sliding back door and back window, attic insulation upgraded to R60 for improved efficiency, with a new garage door scheduled for installation this spring. Enjoy low-maintenance condo living with access to an outdoor pool and tennis court, all within a well-managed community in one of Waterloo’s most desirable areas. (id:59491)

The full record.

How this listing prices against Upper Beechwood/Beechwood W.

Upper Beechwood/Beechwood W had 3 sales and 11 active listings, so this remains a smaller, high-value market with limited but meaningful movement. The average price was $1,356,667, easily among the highest in Waterloo, and homes sold in just 12 days, showing strong demand when listings come up. Even so, deals closed at 94.71% of list, which suggests buyers are still negotiating within this premium price bracket. All sales were freeholds, while condo inventory is present but inactive.

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