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.
For sale
C$769,000
391 Tamarack Dr, Waterloo, ON N2L 4G7
4beds
3baths
Single Family Residence
Built in ----
7,739 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 6 hours
- 3
- 0
Zillow last checked:
Listing updated:
Listed by:
RE/MAX REAL ESTATE CENTRE INC.
Source: TRREB,MLS®#: X13721500
Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- In-Law Capability
- Flooring: Accessory Apartment
- Basement: Apartment,Development Potential
- Has fireplace: No
Interior area
- Living area range: 700-1100 null
Property
Parking
- Total spaces: 5
- Parking features: Private
- Has garage: Yes
Features
- Pool features: None
Lot
- Size: 7,739 Square Feet
- Features: Irregular Lot
Details
- Parcel number: 222770085
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow-Raised
- Property subtype: Single Family Residence
Materials
- Brick, Aluminum Siding
- Foundation: Unknown
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Annual tax amount: C$3,791
- Date on market: 8/28/2026
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: N2L
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.







