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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X14095014For SaleDetached

373 Forestlawn Rd

Waterloo, Ontario N2K 2J4

1 / 47
373 Forestlawn Rd, Waterloo, photo 1
Asking$1,099,999
Bedrooms
4
Bathrooms
3
Size
2,000–2,500sq ft
Per sq ft
$489at the range’s middle
Lot
97.19 x 151.15 ft
Tax a year
$7,1242025 tax year
Built
51-99
Parking
62 attached
Days on market
Members

The brief

About 373 Forestlawn Rd

373 Forestlawn Rd is a 4-bedroom, 3-bathroom detached house in Waterloo, listed for sale at an asking price of $1,099,999 (MLS® X14095014).

Enjoy the perfect blend of space, privacy, and outdoor living at 373 Forestlawn Road! Situated on an impressive 0.36-acre lot in desirable Waterloo, this 4-bedroom, 3-bathroom detached side-split offers over 3,000 sq. ft. of finished living space, ideal for growing families and those who love to entertain. The main level features a spacious living room with gas fireplace, separate dining room, well-appointed kitchen, bright breakfast area, two generously sized bedrooms, and a 5-piece bathroom. Upstairs, the private primary suite boasts a walk-in closet and ensuite, complemented by a versatile office perfect for working from home. The lower level offers a welcoming family room, laundry area, and 3-piece bathroom, while the finished basement provides an expansive recreation room and additional storage. The backyard is truly the showstopper, featuring an in-ground saltwater pool, hot tub, putting green, outdoor fireplace, spacious deck, and patio - your own private retreat for summer gatherings, relaxing weekends, and making lasting memories. Completing the property is a double attached garage and a generous private driveway with ample parking. Tucked away in a quiet Waterloo neighbourhood, this distinctive home offers exceptional indoor and outdoor space, combining everyday comfort with an incredible backyard lifestyle. A rare opportunity to enjoy a property where there's room to live, relax, and entertain!

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$2,313/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
$7,124 / 2025
MLS® number
X14095014
Board
TRREB MLS®
Property Type
Detached
Building Age
51-99
Days on market
Size
2000-2500 sqft
Lot Size
97.19 x 151.15 ft
Listed on
Parking
2 Attached, 6 Parking
Listing brokerage: REAL BROKER ONTARIO LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
Sidesplit 3
Municipality
Waterloo

Building

Size
2000-2500 sqft
Building Age
51-99
Construction
Alum Siding

Inside

Bedrooms
4
Bathrooms
3
Bathroom Details
1 × 5pc 2nd, 1 × 5pc Main, 1 × 3pc Lower
Basement Type
Finished
Kitchens
1

Parking

Driveway
Pvt Double
Garage Type
Attached
Garage
2
Additional Parking
4
Total Parking
6

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
97.19 ft
Depth
151.15 ft
Lot Size
97.19 x 151.15 ft

Additional

Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
Inground, Salt
Den
Yes
Family room
Yes
Extras
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings, Negotiable

Rooms

RoomSizeFeaturesLevel
Rec4.87 × 2.31 m—Bsmt
Room 21.85 × 2.64 m—Bsmt
Bathroom4.0 × 2.0 m5 Pc Ensuite2nd
Br2.74 × 2.97 m—2nd
Primary4.01 × 4.27 m—2nd
Other2.36 × 2.29 mW/I Closet2nd
Bathroom4.0 × 1.0 m—Lower
Laundry2.24 × 2.82 m—Lower
Family6.1 × 3.38 m—Lower
Utility0.86 × 2.95 m—Lower
3rd Br4.34 × 4.39 m—Main
4th Br3.25 × 3.71 m—Main
Bathroom2.0 × 2.0 m—Main
Breakfast3.17 × 2.95 m—Main
Dining5.05 × 3.53 m—Main
Foyer1.57 × 3.53 m—Main
Kitchen4.39 × 2.95 m—Main
Living3.99 × 7.67 m—Main

Listing history

Buy/sell history for 373 Forestlawn Rd, Waterloo, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,099,999N/APcX14095014

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $220,000

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
$220,000
Total mortgage amount
$879,999
Total interest payment
$625,701
Total purchase cost
$1,725,700
Mortgage payment
$5,019/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

57%

Monthly carrying cost

$5,613
−$2,313per month
  • Rent $3,300
  • Shortfall $2,313

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
$18,475
Total land transfer tax
$18,475
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$14,475
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 $1,099,999
$14,000
Ontario total
$18,475

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
14,690 sq ft1,365 m²
Street frontage
97.19 ft29.6 m
Depth
151.15 ft46.1 m
97.19 × 151.15 ftFORESTLAWN RD

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 MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records · 10 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 m2 water-supply wells recorded within 250 mGroundwater recorded about 9.1 m below ground nearbyBedrock about 54.6 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 9.2 kmA trail on the Ontario trail network within 1 km2 licensed pits or quarries within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Wired internet 50/10 Mbps or faster is listed at a household 40 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • 2 water-supply wells recorded within 250 mAll were drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 42.7 m.250 m
  • Groundwater recorded about 9.1 m below ground nearbyThe middle water level in the well records within 500 m (25 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 54.6 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 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: 9.2 km9.2 km

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

  • 2 licensed pits or quarries within 2 kmThe nearest is 1.7 km away, as mapped.2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Pillers Fine Foods, A Div of PBOLP — Piller's Fine Foods, A Div. of PBOLP, 980 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.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 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
  • 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
109
Median asking price
$935K

Middle half: $769K to $1.2M

New in 7 days
11

47 in 28 days

Price cuts
27%

29 listings

This home is asking 18% above the median.

See all homes in Waterloo

Asking 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

StationLinesDistance
ConestogaGRT light rail: ION light rail2.3 km
NorthfieldGRT light rail: ION light rail3.4 km
Research and TechnologyGRT light rail: ION light rail4 km
Waterloo Public SquareGRT light rail: ION light rail4.2 km
Kitchener GOGO Transit train: Kitchener4.8 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

ElementaryTypeDistanceEQAO average 2024–25
Lexington Public SchoolWaterloo Region DSBPublic · grades JK–6550 m76%Grade 6 average
St Matthew Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–8700 m88%Grade 6 average
Sandowne Public SchoolWaterloo Region DSBPublic · grades JK–6 · French Immersion850 m68%Grade 6 average
ÉÉC Mère-Élisabeth-BruyèreConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–61.9 km85%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Bluevale Collegiate InstituteWaterloo Region DSBPublic · grades 9–122.6 km75%Grade 9 math
St David Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–12 · French Immersion2.8 km67%Grade 9 math
Waterloo Collegiate InstituteWaterloo Region DSBPublic · grades 9–123.2 km57%Grade 9 math
Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSBPublic · grades 9–12 · French Immersion4.9 km73%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

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Email Kassaundra Dobson, Broker of Record