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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Waterloo
  • 118 - Colonial Acres/East Bridge
  • 551 Chesapeake Crescent
551-chesapeake-crescent-waterloo-ontario-40798427
551-chesapeake-crescent-waterloo-ontario-40798427
551-chesapeake-crescent-waterloo-ontario-40798427
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  • Sold Sold in Feb 2026
  • Detached

551 Chesapeake Crescent

Waterloo, 118 - Colonial Acres/East Bridge
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 725,000
3.59%
Listed Price: $ 699,900
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Room Details of 551 Chesapeake Crescent, Waterloo

FloorBedroomsBathrooms
Ground * 1
Second 3 1

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Key Facts About 551 Chesapeake Crescent, Waterloo

  • Tax $4,261 / 2025
  • Property Type Residential
  • Building Type Single Family Residence
  • Building Style Two Story
  • Property Attached Detached
  • Building Age 2000
  • Size 1403 feet²
  • Lot Irregularities 0 X 32X111'
  • Lot Size 32.00 x 111 feet
  • Parking 1 garage, 2 parking
  • Basement Full, Partially Finished
  • Listing # 40798427
  • Data Source ITSO
  • Days on Market 10
  • Listed On 21/01/2026
  • Updated On 29/04/2026
  • Market Demand
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Description

Welcome to 551 Chesapeake Crescent, a well-maintained three-bedroom home tucked away on a quiet crescent in Waterloo’s sought-after Eastbridge neighbourhood. This home is well suited for a young or growing family, offering a practical layout with bright, comfortable living spaces that are easy to enjoy day to day. The main living areas feel open and welcoming, while the generously sized bedrooms provide flexibility for children, guests, or a home office. Outside, the peaceful crescent setting offers a sense of privacy and safety, ideal for fami

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Property Details of 551 Chesapeake Crescent, Waterloo

Property

  • Property Type Detached, Detached
  • Style Two Story
  • Fronting On North
  • Community 118 - Colonial Acres/East Bridge
  • Municipality Waterloo

Inside

  • Bedrooms 3
  • Bathrooms 2
  • Basement Full, Partially Finished
  • Kitchen 1
  • Rooms 12
  • Fireplace Y
  • Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Appliances Included Carbon Monoxide Detector,Dishwasher,Dryer,Garage Door Opener...View More

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Forced Air, Natural Gas

Building

  • Size 1403 feet²
  • Architecture Style Two Story
  • Roof Asphalt Shing
  • Construction Brick Veneer, Vinyl Siding
  • Foundation Type Concrete Perimeter
  • Building Age 2000

Parking

  • Drive Way Private Drive Double Wide
  • Garage Type Attached Garage, Garage Door Opener, Other
  • Garage 1
  • Parking Places 2
  • Total Parking Places 3

Land

  • Frontage 32.00
  • Depth 111
  • Zoning SD
  • Lot Size 32.00 x 111 feet
  • Lot Size Code Acres
  • Acreage < 0.5
  • Cross Street CHESAPEAKE

Features

  • Auto Garage Door Remote(s) Y

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Our Estimate

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Estimated Rent

$ 3,244

Rental Yield

4.68%

School Score

8.3/10

Rental Score

5/5

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Rooms

Family Room (6.73X5.97 metre)
Level: Basement
Laundry
Level: Basement
Storage
Level: Basement
Basement
Level: Basement
Kitchen (3.28X3.07 metre)
Level: Main
Dining Room (3.02X2.62 metre)
Level: Main
Bathroom
Level: Main
Bedroom Primary (4.55X3.15 metre)
Level: Second
Bedroom (3.23X3.02 metre)
Level: Second
Bedroom (3.48X3.15 metre)
Level: Second
Bathroom
Level: Second
Living Room (6.45X3.17 metre)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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Data is provided courtesy of ITSO © 2021 ITSO ( https://www.itsosystems.ca ) The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 551 Chesapeake Crescent, Waterloo

Welcome to the splendid **house for sale in Waterloo ** located at 551 Chesapeake Crescent, Waterloo. This well-maintained detached residence is nestled in the tranquil surroundings of the Eastbridge neighbourhood, specifically within the Colonial Acres/East Bridge community. This two-storey home, built in 2000, presents an excellent opportunity for a young or growing family seeking a comfortable and practical living space.

As you step into this inviting **house for sale in Waterloo**, you will immediately appreciate the thoughtfully designed layout that maximises both space and functionality. The property boasts a total of 12 rooms, including three generously sized bedrooms and two bathrooms, ensuring ample room for family life. The main kitchen is equipped with essential appliances, including a dishwasher, refrigerator, stove, and washer, making daily routines effortless. The absence of a den may be noted, but the versatile layout allows for various uses of the available spaces, whether it be for children, guests, or even a home office.

The living areas of this **house for sale in Waterloo** are bright and welcoming, perfect for both relaxation and entertaining. The inclusion of a fireplace adds a touch of warmth and character, creating a cosy atmosphere during the colder months. Furthermore, the central air conditioning system ensures that the home remains comfortable throughout the year, having been installed in 2024 as part of a series of thoughtful updates that have been made over the years.

Moving outside, the property features a private double-wide driveway that accommodates two vehicles, leading to an attached garage equipped with a garage door opener. This is particularly advantageous for families, providing convenience and security. The lot measures 32 X 111 acres, offering a manageable outdoor space that is ideal for children to play while still being easy to maintain. It is worth noting that there is no pool on the premises, but the peaceful crescent setting compensates for this with its sense of privacy and safety.

The **house for sale in Waterloo** has undergone numerous improvements that enhance its appeal and functionality. Key updates include new windows installed in 2019, a new garage door opener in 2020, and updated toilets along with kitchen and bathroom sinks and shower in 2022. The living room flooring was also updated in 2025, ensuring a modern and stylish finish. Additionally, the rental hot water heater was replaced in 2026, providing further peace of mind for the next owner.

The full, partially finished basement offers additional potential for expansion or storage, although it is currently not utilised as an extra room. The home is unfurnished, allowing the new owners to personalise the space to their liking. The property is connected to municipal water, while the heating system operates on forced air with natural gas, ensuring efficient and reliable heating throughout the colder months.

In summary, 551 Chesapeake Crescent, Waterloo, is a remarkable **house for sale in Waterloo** that combines comfort, practicality, and a sense of community. With its well-thought-out updates and features, this home presents a solid opportunity for those looking to put down roots in a family-friendly environment. The serene setting of the crescent, combined with the proximity to local amenities, makes this property an ideal choice for families seeking a calm and inviting place to call home. Don’t miss out on the chance to make this wonderful house your own!

Colonial Acres/East Bridge is a charming and inviting neighbourhood nestled in the vibrant city of Waterloo. This area is characterised by its picturesque tree-lined streets, well-maintained parks, and a mix of residential homes that cater to families, professionals, and retirees alike. The community boasts convenient access to essential amenities, including shopping centres, schools, and recreational facilities, making it an ideal location for those seeking a balanced lifestyle. With its friendly atmosphere and a strong sense of community spirit, Colonial Acres/East Bridge offers a delightful environment for anyone looking to settle in a welcoming and well-connected part of Waterloo.

Schools in the Neighbourhood

This property is ideally located near several reputable educational institutions, making it an excellent choice for families. Within just 0.9 km, you will find Lester B. Pearson Public School, offering both English and French language instruction for grades JK to 8, with a commendable school rating of 7.8. St. Luke Catholic Elementary School, also nearby at 1.0 km, provides a Catholic education in English and French for grades JK to 8, with a solid rating of 7.1. For secondary education, Waterloo Collegiate Institute is located 3.8 km away, catering to grades 9 to 12 with a rating of 6.3. Alternatively, St. David Catholic Secondary School, 3.3 km from the property, offers a Catholic education for grades 9 to 12 and boasts a higher rating of 7.4. The diverse range of schools, including both public and Catholic options, ensures that families have access to quality education in their preferred language of study. Overall, this area provides a supportive educational environment, enhancing the appeal of this property for potential buyers with children.

FAQs About 551 Chesapeake Crescent, Waterloo

How many bathrooms does this property have?

This property features 2 bathroom(s) and 3 bedroom(s).

Does this 3 bedroom property have additional bedrooms or a den?

This Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 3 bed property in Waterloo is 1403.

How many parking spaces are available with this property?

551 Chesapeake Crescent boasts 2 convenient parking spaces.

How many cars can be parked in the garage of 551 Chesapeake Crescent?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Attached Garage, Garage Door Opener, Other garage with space for 1 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Full, Partially Finished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air, Natural Gas.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 551 Chesapeake Crescent, Waterloo

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Listing History

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