B - 425 Dunvegan Drive, Waterloo, ON N2K 2C8
Waterloo · Near Lexington Rd / Dunvegan Dr · View map
About this home
Extensively renovated in 2024 with $150K+ in renovations, including a legal 2-bedroom basement apartment, this freehold semi-detached home features 5 bedrooms, 4 bathrooms and over 1,350 sq. ft. of above-grade plus approx. 600 sq. ft. of basement living space. Upgrades include a modern kitchen with quartz countertops and stainless steel appliances, new laminate flooring, modern tiles, pot lights throughout, upgraded bathrooms with rain shower and LED mirrors, and a newly added 2-piece primary ensuite. Electrical improvements include a 125-amp panel, upgraded receptacles and copper pigtailing. The fully renovated legal basement apartment offers a separate kitchen, 3-piece bathroom and private laundry, with potential rental income of approximately $1,500/month. Additional updates include all gutters replaced in 2026 and exterior waterproofing of the basement wall facing the backyard. Situated on a deep 30.53' x 109' lot with a private driveway and fenced backyard, conveniently located near parks, schools, Conestoga Mall, ION light rail, the University of Waterloo and Wilfrid Laurier University. An excellent opportunity for investors or homeowners seeking additional rental income!
The home
- Type
- Duplex
- Style
- 2-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 4
- Kitchens
- 2
- Rooms
- 6
- Basement
- Apartment, Separate Entrance, Finished
- Lot size
- 30.5 x 109 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Smoke Detector
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $3,637/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible/TBA
- Cross street
- Lexington Rd / Dunvegan Dr
More
- Price per sq ft
- ~$577 (at 1,300 sq ft)
- MLS® number
- X14080294
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The home and its surroundings
- Carpet Free
- Storage
- Park
- Place Of Worship
- School
- Rec./Commun.Centre
- Public Transit
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
425 Dunvegan Drive, Waterloo, ON N2K 2C8
Waterloo · Near Lexington Rd / Dunvegan Dr
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Listing history for 425 Dunvegan Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about B - 425 Dunvegan Drive
Answers come straight from this home’s MLS® listing.
How much is B - 425 Dunvegan Drive listed for, and what would it cost each month?
B - 425 Dunvegan Drive is listed for $749,900. With 20% down ($149,980), the mortgage payment would be roughly $3,025 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,328 a month, all in. That figure is an illustration, not a quote.
Is B - 425 Dunvegan Drive freehold or a condo, and is there a monthly fee?
B - 425 Dunvegan Drive is a duplex in Waterloo. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does B - 425 Dunvegan Drive have?
B - 425 Dunvegan Drive has 3 bedrooms, plus 2 more bedrooms in the basement, and 4 bathrooms. The listing gives the style as 2-storey.
Does B - 425 Dunvegan Drive have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does B - 425 Dunvegan Drive have a finished basement?
The listing describes the basement as apartment, separate entrance, finished. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is B - 425 Dunvegan Drive?
B - 425 Dunvegan Drive is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is B - 425 Dunvegan Drive, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 30.5 x 109 ft.
How is B - 425 Dunvegan Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for B - 425 Dunvegan Drive?
Property taxes are $3,637 a year (2026), or about $303 a month.
Where is B - 425 Dunvegan Drive?
B - 425 Dunvegan Drive is in Waterloo. The nearest main intersection is Lexington Rd / Dunvegan Dr. The postal code is N2K 2C8.
Is B - 425 Dunvegan Drive still for sale?
Yes. It is an active listing (MLS® X14080294). Listings here update from the board through the day and come down once a home sells.
What are similar properties near B - 425 Dunvegan Drive asking?
Similar properties for sale nearby right now include 31 Mulberry Lane at $699,900 (3+3 bed), 217 Mayfield Avenue at $849,900 (3+2 bed) and 606 Royal Fern Street at $734,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 425 Dunvegan Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at B - 425 Dunvegan Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
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Multiplex$849,900217 Mayfield Avenue, Waterloo3+2 bed · 2 bathCourtesy of: THE AGENCYView home →
Detached home$734,900606 Royal Fern Street, Waterloo3 bed · 2 bathCourtesy of: ENGEL & VOLKERS TORONTO CENTRALView home →Courtesy of: HOMELIFE/MIRACLE REALTY LTD
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.