315 RIDEAU RIVER Pl
Waterloo, Ontario N2V 2Y5
- Bedrooms
- 4
- Bathrooms
- 4
- Size
- 3,500–5,000sq ft
- Per sq ft
- $518at the range’s middle
- Lot
- 42.32 x 134 ft
- Tax a year
- $12,5042026 tax year
- Built
- 16-30
- Parking
- 42 attached
- Days on market
- Members
The brief
About 315 RIDEAU RIVER Pl
315 RIDEAU RIVER Pl is a 4-bedroom, 4-bathroom detached house in Waterloo, listed for sale at an asking price of $2,200,000 (MLS® X14081048).
Set on a quiet court in a welcoming Waterloo neighbourhood, this Carey Homes residence combines distinctive architecture with an exceptional outdoor setting, backing onto trails and greenspace. With over 3,600 square feet above grade, four bedrooms and three bathrooms, the home offers generous space for memorable gatherings, focused work and relaxed everyday living. A richly textured exterior of brick and stone, layered gables and an arched entrance creates an impressive arrival. Inside, an open staircase with dark wood detailing and metal spindles establishes a striking architectural focal point. Coffered ceilings add depth and definition to the principal living space, while expansive windows and transoms fill the home with natural light. The kitchen connects naturally with the breakfast area and inviting family room, where a fireplace anchors the space. A separate dining area provides an elegant setting for dinner parties and celebrations, while the main-floor office offers a dedicated place for focused work. Upstairs, the spacious primary suite opens onto a private covered balcony overlooking the pool and treetops-a peaceful setting for morning coffee or unwinding at the end of the day. Its generous ensuite features separate vanities, a deep soaker tub and a glass-enclosed shower. The fully fenced backyard is a private retreat, with mature trees, layered gardens and stone landscaping framing the inground pool. Generous spaces for lounging and outdoor dining invite leisurely afternoons and summer evenings with friends. A backyard gate provides direct access to trails, with Laurel Creek Conservation Area just steps away, making time outdoors a natural extension of life at home. Built by quality builder Carey Homes, this residence brings together enduring architectural appeal, everyday comfort and a remarkable connection to the outdoors.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$7,779/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 12 detached homes with 4 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
- $12,504 / 2026
- MLS® number
- X14081048
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 16-30
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 42.32 x 134 ft
- Listed on
- Parking
- 2 Attached, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Municipality
- Waterloo
Building
- Size
- 3500-5000 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 4
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 6pc 2nd, 2 × 4pc 2nd
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 42.32 ft
- Depth
- 134 ft
- Lot Size
- 42.32 x 134 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
- Extras
- Built-in Microwave, Dishwasher, Range Hood, Refrigerator, Stove, Wine Cooler
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.27 × 4.27 m | — | Main |
| Dining | 2.44 × 4.27 m | — | Main |
| Office | 3.0 × 4.27 m | — | Main |
| Family | 5.87 × 5.13 m | — | Main |
| Breakfast | 4.17 × 3.25 m | — | Main |
| Kitchen | 4.12 × 4.32 m | — | Main |
| Primary | 4.24 × 7.06 m | — | 2nd |
| Br | 3.51 × 4.34 m | — | 2nd |
| Br | 5.61 × 5.44 m | — | 2nd |
| Br | 5.61 × 4.7 m | — | 2nd |
| Laundry | 2.44 × 2.24 m | — | 2nd |
Listing history
Buy/sell history for 315 RIDEAU RIVER Pl, 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 | $2,200,000 | N/A | For Sale | X14081048 |
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
- $440,000
- Total mortgage amount
- $1,760,000
- Total interest payment
- $1,251,100
- Total purchase cost
- $3,451,100
- Mortgage payment
- $10,037/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
82%Monthly carrying cost
$11,079- Rent $3,300
- Shortfall $7,779
Rental income opens at $3,300, 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
- $41,475
- Total land transfer tax
- $41,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $37,475
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 $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,200,000
- $5,000
- Ontario total
- $41,475
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
- Lot area
- 5,671 sq ft527 m²
- Street frontage
- 42.32 ft12.9 m
- Depth
- 134 ft40.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m3 test or monitoring holes also recorded.250 m
- Groundwater recorded about 19.8 m below ground nearbyThe middle water level in the well records within 500 m (23 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- 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 CanadaOnly 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 a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: NFTC. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, 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
- 109
- Median asking price
- $935K
- New in 7 days
- 11
- Price cuts
- 27%
Middle half: $769K to $1.2M
47 in 28 days
29 listings
This home is asking 135% above the median, higher 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 |
|---|---|---|
| Research and Technology | GRT light rail: ION light rail | 3.9 km |
| Northfield | GRT light rail: ION light rail | 4 km |
| University of Waterloo | GRT light rail: ION light rail | 4.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Nicholas Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 2.2 km | 70%Grade 6 average |
| Northlake Woods Public SchoolWaterloo Region DSB | Public · grades JK–8 | 2.2 km | 91%Grade 6 average |
| Abraham Erb Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 2.5 km | 93%Grade 6 average |
| ÉÉC Mère-Élisabeth-BruyèreConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 6.7 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Laurel Heights Secondary SchoolWaterloo Region DSB | Public · grades 9–12 | 2.3 km | 83%Grade 9 math |
| St David Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 · French Immersion | 5.2 km | 67%Grade 9 math |
| Waterloo Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 5.2 km | 57%Grade 9 math |
| Resurrection Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 6.7 km | 57%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.