- Bedrooms
- 4+1
- Bathrooms
- 4
- Size
- 2,000–2,500sq ft
- Per sq ft
- $444at the range’s middle
- Lot
- 54.79 x 111.55 ft
- Tax a year
- $6,7132025 tax year
- Parking
- 62 built-in
- Days on market
- Members
The brief
About 488 Heather Hill Pl
488 Heather Hill Pl is a 4+1-bedroom, 4-bathroom detached house in Waterloo, listed for sale at an asking price of $999,000 (MLS® X14027548).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall30/100−$1,542/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 7 detached homes with 5 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
- $6,713 / 2025
- MLS® number
- X14027548
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 54.79 x 111.55 ft
- Listed on
- Parking
- 2 Built-In, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Municipality
- Waterloo
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc, 1 × 4pc, 1 × 4pc, 1 × 4pc
- Basement Type
- Finished with Walk-Out
- Kitchens
- 2
Parking
- Garage Type
- Built-In
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 54.79 ft
- Depth
- 111.55 ft
- Lot Size
- 54.79 x 111.55 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 488 Heather Hill 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 | $999,000 | N/A | For Sale | X14027548 |
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
- $199,800
- Total mortgage amount
- $799,200
- Total interest payment
- $568,200
- Total purchase cost
- $1,567,200
- Mortgage payment
- $4,558/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
47%Monthly carrying cost
$5,117- Rent $3,575
- Shortfall $1,542
Rental income opens at $3,575, the median asking rent of 7 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
- $16,455
- Total land transfer tax
- $16,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $12,455
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 $999,000
- $11,980
- Ontario total
- $16,455
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
- 6,112 sq ft568 m²
- Street frontage
- 54.79 ft16.7 m
- Depth
- 111.55 ft34 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 MPAC.
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 m250 m
- Groundwater recorded about 21.2 m below ground nearbyThe middle water level in the well records within 500 m (20 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 CanadaThe nearest is Region of Waterloo, Waste Management Division — Waterloo Landfill Site, 1.6 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 a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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
- New in 7 days
- 11
- Price cuts
- 27%
Middle half: $769K to $1.2M
47 in 28 days
29 listings
This home is asking 7% above the median.
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
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Laurier - Waterloo Park | GRT light rail: ION light rail | 2.9 km |
| University of Waterloo | GRT light rail: ION light rail | 3 km |
| Willis Way | GRT light rail: ION light rail | 3.2 km |
| Waterloo Public Square | GRT light rail: ION light rail | 3.3 km |
| Allen | GRT light rail: ION light rail | 3.5 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 |
|---|---|---|---|
| Westvale Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 500 m | 71%Grade 6 average |
| Holy Rosary Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 · French Immersion | 550 m | 78%Grade 6 average |
| Mary Johnston Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 1.1 km | 89%Grade 6 average |
| École élémentaire L'HarmonieConseil scolaire Viamonde | French-language public · grades JK–8 | 4.8 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Resurrection Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 1.3 km | 57%Grade 9 math |
| Laurel Heights Secondary SchoolWaterloo Region DSB | Public · grades 9–12 | 3.8 km | 83%Grade 9 math |
| Forest Heights Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 4 km | 48%Grade 9 math |
| Waterloo Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 4.1 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
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