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For saleMLS® X14122420

548 Mariner Drive, Waterloo, ON N2K 3Y8

$588,000

$535 / sq ft

1 weeks on market

Bedrooms
3
Bathrooms
3
Interior
1,100 sf
Parking
2
Lot
27.87 × 114.83 ft

What's special

  • Attached garage
  • Central air
  • Finished basement

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About this property

Welcome to this beautifully updated and freshly painted 3-bedroom, 3-bathroom Townhouse, offering a bright, spacious, and functional layout perfect for families, professionals, or investors. This well-maintained home is backing directly onto a park, providing a peaceful setting with added privacy and green space right outside your door. Located in a highly desirable, family-friendly neighbourhood and within the boundary of Lester B. Pearson Public School, this home offers excellent access to schools, parks, shopping, restaurants, public transit, and everyday amenities. Conveniently located close to University of Waterloo, Wilfrid Laurier University, and Conestoga College, making it an excellent choice for families, university professionals, students, or investors. Enjoy the perfect combination of a quiet residential setting while still being minutes from Waterloo's major educational institutions and amenities. Move-in ready, freshly updated, backing onto green space, and ideally located - a wonderful opportunity to call Waterloo home!

Rooms

6 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain6.09 × 3.50 m20.0 × 11.5 ftLaminate · Window
Dining RoomMain1.52 × 2.13 m5.0 × 7.0 ftLaminate · Window
KitchenMain2.43 × 2.59 m8.0 × 8.5 ftLarge Window · Breakfast Bar
Primary BedroomSecond4.72 × 4.11 m15.5 × 13.5 ftLaminate · Large Closet · Window
Bedroom 2Second2.74 × 3.20 m9.0 × 10.5 ftLaminate · Large Closet · Window
Bedroom 3Second2.59 × 3.20 m8.5 × 10.5 ftLaminate · Large Closet · Window

Features

  • Other

Property details

Property

Property type
townhouse
Bedrooms
3
Bathrooms
3
Interior size
1,100 sq ft
Lot size
27.87 × 114.83 ft
Possession
Flexible

Interior

Basement
Finished
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Aluminum Siding, Brick
Garage
Attached
Parking spaces
2
Sewer
Sewer

Costs

List price
$588,000
Property taxes
$4,125 / year (2026)
Price per sq ft
$535

Listing

MLS® number
X14122420
Status
For sale
Listed
October 27, 2026
Days on market
8
Last updated
October 27, 2026
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Price & sale history

This property's sale history is hidden

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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 22% of comparable townhouse listings in Waterloo are asking less.

$561KMedian $689K$850K
This home
$535 / sq ft
Comparable median
$518 / sq ft

Based on 9 comparable active townhouse listings in Waterloo. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.7% · minimum $33,800
$33,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,064.27
Property tax (est.)
$343.74
Estimated monthly
$3,408

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
$8,235
Total due on closing
$8,235

An estimate on the asking price of $588,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX EXCEL REALTY LTD.. 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.

$588,000

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