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138 Flanders Road, Waterloo, ON N0B 1M0

3 beds · 3 baths · 1 kitchen · 13+1 rooms · 4 parking spaces · 2000-2500 sq ft · Detached
$999,999
Property tax
$5,341 / year

Perfectly positioned in the family friendly community of Breslau, this beautifully maintained home offers the ideal blend of comfort, style, and convenience. Filled with natural light, the welcoming interior features spacious principal rooms and a functional layout designed for both everyday living and effortless entertaining. The kitchen overlooks the backyard and flows seamlessly into the main living spaces, creating a warm and inviting atmosphere for gathering with family and friends. Upstairs, you'll find generously sized bedrooms and comfortable accommodations for the entire family, while the lower level offers excellent storage space and the opportunity to customize it to suit your family's needs. Outside, the fully fenced backyard offers plenty of room to relax, entertain, garden, or simply enjoy the outdoors. Located just minutes from Kitchener, Waterloo, Guelph, major commuter routes, and the Region of Waterloo International Airport, this home combines the charm of a close-knit community with the convenience of city amenities nearby. A wonderful opportunity to put down roots in one of the region's most desirable and growing communities.

MLS number
X13577458
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
N0B 1M0
Photos
48
57days · this listing
57days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Breslau Public School
Waterloo Region DSB
Elementary302 m7.4 / 10
74% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Waterloo791 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$827k$915k$1.00M20252026this home’s asking price
$888klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
98%100%102%20252026the asking price
100%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
0d13d26d20252026
14dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in waterloo. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 2,551 people.

$146,000Median household income
92%Own their home
89%Detached houses
37.6Median age
24.6%Born outside Canada
29.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35301048 — the few blocks around this address, home to 2,551 people. It describes the area, not this property.

2,551Population
35.9Average age
3.1Household size
$148,400Average household income
$146,000Median household income
92%Own their home
8%Rent
18%Condominiums
25%Born outside Canada
29%University degree
$886,000Average home value
3%Low income
35%Not in the labour force
19%Never married
$20,000 to $24,9991%
$25,000 to $29,999<1%
$30,000 to $34,999<1%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,999<1%
$50,000 to $59,9991%
$60,000 to $69,9992%
$70,000 to $79,9992%
$80,000 to $89,9993%
$90,000 to $99,9992%
$100,000 and over43%
$100,000 to $124,9996%
$125,000 to $149,9998%
$150,000 to $199,99915%
$200,000 and over13%

Percentages are of the 1,410 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$200,000 · minimum here is $75,000
$4,427.78per month
Borrowed before insurance$799,999
Total borrowed$799,999
Interest over 25 years at 4.5%$528,334

If you rented it out

Monthly rent starts from the median of recent 3-bedroom leases in Waterloo. Change it to anything you like.

-$1,922.86per month out of pocket
Rent$2,950.00
Everything it costs to hold$4,872.86
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal LePage Royal City Realty. Listing data provided by the Toronto Regional Real Estate Board.