For Sale: 391 Tamarack Drive, Waterloo, ON - REW
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$899,000
3 + 1 bd 2 ba 1100 - 1500 sf House

391 Tamarack DriveWaterloo, ON, N2L 4G7

  • 3 + 1 Bed
  • 2 Bath
  • 1100 - 1500 Sqft
  • House

About this home

Location, Location, Location!!! Welcome to 391 Tamarack Drive, a beautifully maintained and renovated home located in the heart of Waterloo's highly sought-after University District. Just a short walk to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this property offers an exceptional opportunity for families, investors, parents of students, or buyers seeking a prime location with strong income potential. Situated in a family-friendly neighborhood, this well-kept raised bungalow features a bright open-concept living and dining area, three generously sized bedrooms, and a large private backyard perfect for relaxing or entertaining. The fully finished ground-floor apartment offers excellent flexibility as an in-law suite, extended family accommodation, or income-generating rental unit with the potential for a separate living arrangement. Additional highlights include a private driveway with parking for up to four vehicles, a spacious lot, and convenient access to public transit, shopping, restaurants, parks, and all major amenities. Located just minutes from Conestoga Mall and Highway 85, this property combines everyday convenience with outstanding long-term value. Located in an area with future medium-rise development potential, this property presents a rare opportunity for both homeowners and investors looking to benefit from Waterloo's continued growth.
Listed by: Saddiq Khan, Broker, RE/MAX REAL ESTATE CENTRE INC.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$4,641
Home facts
Bedrooms
3 + 1
Full Bathrooms
2
Parking Spaces
3
Parking Details
Private
Property Type
House
Lot Size
70 ft x 132 ft (9312 ft²)
Depth
132.89
Frontage
70.08
Year Built
51 - 99 yrs old
Exterior Finish
Brick, Aluminum Siding
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Apartment, Development Potential
Agent details
Primary Agent
Primary Broker
RE/MAX REAL ESTATE CENTRE INC.
Listing details
Days on REW
2 Days
MLS® Number
X13546830
Source
Toronto Real Estate Board
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St David Catholic Secondary School
  • Catholic
  • 9 - 12
Winston Churchill Public School
  • Public
  • JK - 6
Waterloo Collegiate Institute
  • Public
  • 9 - 12
MacGregor Public School
  • Public
  • 6 - 8
Cedarbrae Public School
  • Public
  • JK - 6
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
Lincoln Heights Public School
  • Public
  • JK - 8
Sir Edgar Bauer Catholic Elementary School
  • Catholic
  • JK - 8
É Élém L'Harmonie
  • Public
  • JK - 8
Sandowne Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-11.