244 Royal St
Waterloo, Ontario N2J 2J2
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,500–2,000sq ft
- Per sq ft
- $371at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $4,6312025 tax year
- Built
- 51-99
- Parking
- 3none
- Days on market
- Members
The brief
About 244 Royal St
244 Royal St is a 3-bedroom, 2-bathroom detached house in Waterloo, listed for sale at an asking price of $649,900 (MLS® X14080556).
Discover the possibilities at 244 Royal St. This inviting three-bedroom, two-bathroom bungalow offers a practical layout, modern updates and flexible living space to suit a variety of needs. The main level features a bright living room that connects seamlessly to the updated kitchen, renovated approximately three years ago with stainless steel appliances, contemporary cabinetry and a sleek tiled backsplash. Just beyond the kitchen, a spacious rear family room offers a second gathering space, ideal for hosting guests or enjoying a quiet night in. Three well-sized bedrooms and an updated main-floor bathroom complete the main level. Downstairs, the finished basement expands the home's functionality with an updated three-piece bathroom, a dedicated laundry area and a large recreation space that can be adapted to your lifestyle, whether you envision a media room, home office, workout area or additional space for entertaining. Outside, the backyard deck creates the perfect setting for morning coffee, summer barbecues or unwinding at the end of the day. With its comfortable layout, key updates and additional finished living space, this well-maintained Waterloo bungalow offers plenty of opportunity to settle in and make it your own.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall32/100−$951/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 12 detached homes with 3 bedrooms for lease in Waterloo right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,631 / 2025
- MLS® number
- X14080556
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 58.5 x 153.25 ft
- Listed on
- Parking
- None, 3 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Municipality
- Waterloo
Building
- Size
- 1500-2000 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Lower
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 3
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 58.5 ft
- Depth
- 153.25 ft
- Lot Size
- 58.5 x 153.25 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Dishwasher, Dryer, Refrigerator, Stove, Washer
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.63 × 4.44 m | — | Main |
| Kitchen | 2.34 × 3.12 m | — | Main |
| Dining | 2.34 × 3.35 m | — | Main |
| Family | 4.17 × 7.62 m | — | Main |
| Primary | 4.47 × 4.57 m | — | Main |
| Br | 3.17 × 3.05 m | — | Main |
| Br | 3.17 × 0.05 m | — | Main |
| Bathroom | 2.16 × 2.36 m | 4 Pc Bath | Main |
| Rec | 6.53 × 8.25 m | — | Bsmt |
| Bathroom | 2.57 × 3.53 m | 3 Pc Bath | Bsmt |
Listing history
Buy/sell history for 244 Royal St, Waterloo, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $649,900 | N/A | For Sale | X14080556 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $129,980
- Total mortgage amount
- $519,920
- Total interest payment
- $369,580
- Total purchase cost
- $1,019,480
- Mortgage payment
- $2,965/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
46%Monthly carrying cost
$3,351- Rent $2,400
- Shortfall $951
Rental income opens at $2,400, the median asking rent of 12 comparable homes for lease in Waterloo. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $9,473
- Total land transfer tax
- $9,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $649,900
- $4,998
- Ontario total
- $9,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Street frontage
- 58.5 ft17.8 m
- Depth
- 153.25 ft46.7 m
- Lot size
- Under 0.50 acresAs the board bands it
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 8.6 km8.6 km
Province of Ontario open data
Around the home2
- Nearest rail line: 990 m990 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Regional Municipality of Waterloo — Waterloo Wastewater Treatment Plant, 1.8 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Enova Power Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in Waterloo right now
- For sale now
- 108
- Median asking price
- $937K
- New in 7 days
- 11
- Price cuts
- 27%
Middle half: $777K to $1.2M
46 in 28 days
29 listings
This home is asking 31% below the median, lower than three quarters of them.
See all homes in WaterlooAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Waterloo Public Square | GRT light rail: ION light rail | 1.6 km |
| Allen | GRT light rail: ION light rail | 1.7 km |
| Grand River Hospital | GRT light rail: ION light rail | 1.7 km |
| Willis Way | GRT light rail: ION light rail | 1.8 km |
| Kitchener GO | GO Transit train: Kitchener | 2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| École élémentaire L'HarmonieConseil scolaire Viamonde | French-language public · grades JK–8 | 200 m | 84%Grade 6 average |
| St Agnes Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 400 m | 63%Grade 6 average |
| Elizabeth Ziegler Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 900 m | 75%Grade 6 average |
| Lincoln Heights Public SchoolWaterloo Region DSB | Public · grades JK–8 | 1.2 km | 66%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Bluevale Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 600 m | 75%Grade 9 math |
| Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSB | Public · grades 9–12 · French Immersion | 1.8 km | 73%Grade 9 math |
| St David Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 · French Immersion | 2.4 km | 67%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 8.6 km | 70%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Waterloo are shown to signed-in members.