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516 PREAKNESS Street, Waterloo — listed at $1,369,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to this exceptional custom-built residence in prestigious Woolwich Estates, where timeless design, impeccable craftsmanship and thoughtful details create a truly remarkable home. From the impressive foyer, the main floor unfolds beautifully with a private office, spacious mudroom, and showstopping chef’s kitchen featuring quartz countertops and a walk-in pantry. The inviting living room, anchored by a gas fireplace, opens seamlessly to the covered patio, creating an effortless connection between indoor and outdoor living. Upstairs, four generous bedrooms offer exceptional space for family and guests. The luxurious primary retreat features a spa-inspired ensuite and walk-in closet, while the second and third bedrooms share a convenient Jack-and-Jill ensuite. The breathtaking backyard oasis designed for unforgettable summers and effortless entertaining, this private resort-like retreat features a sparkling pool, hot tub and fabulous covered entertaining space. Whether hosting a crowd, enjoying long summer evenings poolside or simply unwinding at home, this backyard offers an extraordinary lifestyle rarely found. This spectacular home perfectly blends luxury, comfort and exceptional indoor-outdoor living. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 2pc Bathroom | Main level | — |
| 5pc Bathroom | Second level | — |
| 5pc Bathroom | Second level | — |
| Bedroom | Second level | 13'1'' x 13'3'' |
| Primary Bedroom | Second level | 16'0'' x 20'3'' |
| Bedroom | Second level | 10'8'' x 10'4'' |
| Bedroom | Second level | 14'3'' x 11'11'' |
| Mud room | Main level | 7'2'' x 9'6'' |
| Kitchen/Dining room | Main level | 13'7'' x 20'7'' |
| Living room | Main level | 15'8'' x 18'2'' |
| Office | Main level | 9'10'' x 8'11'' |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 516 PREAKNESS Street a good fit for a growing family?+
With 4 bedrooms and 3 bathrooms (2532 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What makes this a luxury property?+
At $1,369,900, standout features include 2532 sq ft, 3 bathrooms, a pool. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,794.08, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey single family. The 4 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
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Benchmark price · Updated 2026-09
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