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New5 days ago

488 Heather Hill Place

, Waterloo

$999,000

Detached|2-Storey
4 | 1 | 6
About this home

A quiet Westvale court, a private backyard, and a bright walkout lower level that feels like a natural extension of the main living space. Welcome to 488 Heather Hill Place, a custom-built, 4+1-bedroom, 4-bathroom home offering approximately 2,318 sq. ft. above grade, plus a fully finished walkout basement.Generous rooms throughout give everyone room to gather and space to unwind, featuring separate living and family rooms, a formal dining room, and an eat-in kitchen. Timeless oak cabinetry, quartz countertops, undermount sinks, and a practical peninsula bring warmth and function to the kitchen, while two fireplaces add cozy character to the main living areas. A beautiful two-tone staircase leads upstairs to four generously sized bedrooms, including a spacious primary suite complete with a walk-in closet and private ensuite.The finished walkout lower level is a true standout. Large windows flood the space with natural light, while a second kitchen, full bathroom, bedroom, and expansive recreation room offer incredible flexibility for extended family, guests, or a potential in-law arrangement. Direct walkout access to the yard seamlessly connects indoor and outdoor living.Enjoy the privacy of the established yard and raised deck, with Westvale Park just steps away and convenient access to The Boardwalk, Costco, shopping, and dining. Key mechanical updates offer total peace of mind, including a furnace updated in 2025, water softener in 2023, and roof shingles replaced in 2021. Complete with a double garage and driveway parking for six, this home offers exceptional space for everyday life and flexibility for whatever comes next.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,713
Lot Size54.79 ft x 111.55 ft
mls© NumberX14027548
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,113
Property tax
$559
Heat allowance
$150
Housing costs
$5,823 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,800
25-yr amortization

Income needed

$179,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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