1883 Sawmill Road, Waterloo, ON N2J 4G8
$1,695,000
$303 / sq ft2 months on market
- Total area
- 5,600 sf
- Lot
- 64 × 299 ft
What's special
- Yes
About this property
A landmark property. A beautifully reimagined home. An extraordinary space to gather, create, and thrive. Located in the heart of Conestogo, 1883 Sawmill Road has served the community for generations, evolving from the historic Landmark Inn to the beloved Adam's Steak House and, most recently, a thriving wellness and professional studio destination. Today, it offers a unique combination of heritage character, modern living, and exceptional flexibility. The residence features four bedrooms, two-and-a-half bathrooms, a chef-inspired kitchen, and thoughtfully-updated living spaces that blend original architectural details with contemporary comfort. Large windows, exposed brick, and views of the surrounding trees and river valley create a warm and inviting atmosphere throughout. Even more impressive is the dedicated studio space. With soaring vaulted ceilings, exposed heritage trusses, and a dramatic wall of windows overlooking the valley, it provides an inspiring setting for wellness, fitness, creative, educational, professional, or event-based uses. Separate entrances and established mixed-use functionality create opportunities for entrepreneurs, practitioners, and those seeking a truly integrated live-work lifestyle. Outside, over 1,700 square feet of outdoor living space includes multiple decks, a Scandinavian sauna, hot tub, cold plunge, and fire pit, all surrounded by mature trees and exceptional privacy. The property's strategic location offers a rare combination of village charm, natural beauty, and convenient access to Kitchener-Waterloo, St. Jacobs, Elora, and the many amenities of the surrounding region. With dual street frontage and potential for a future accessory dwelling, garage, or carriage house, this property offers a rare opportunity to own a piece of local history while creating something uniquely your own.
Property details
Property
- Property type
- investment
- Interior size
- 5,600 sq ft
- Lot size
- 64 × 299 ft
- Zoning
- MU
- Possession
- 30-59 days
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Costs
- List price
- $1,695,000
- Property taxes
- $15,334 / year (2026)
- Price per sq ft
- $303
Listing
- MLS® number
- X13689526
- Status
- For sale
- Listed
- August 18, 2026
- Days on market
- 78
- Last updated
- October 20, 2026
- Listing brokerage
- Sotheby's International Realty Canada, Brokerage
Price & sale history
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced below most comparable listings — about 25% of comparable multi-unit / investment listings in Waterloo are asking less.
- This home
- $303 / sq ft
- Comparable median
- $475 / sq ft
Based on 8 comparable active multi-unit / investment listings in Waterloo. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $7,497.56
- Property tax (est.)
- $1,277.86
- Estimated monthly
- $8,775
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $30,375
- Total due on closing
- $30,375
An estimate on the asking price of $1,695,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Sotheby's International Realty Canada, Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.