7 days on Market

224 Lincoln Rd, Waterloo, Ontario N2J 2P3

Detached
4
2 + 1
~2125 sqft
$799,000
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Detached
4
2 + 1
~2125 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$376/sqft

Monthly cost

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Description

Rare opportunity in a desirable Waterloo neighbourhood! Welcome to 224 Lincoln Rd, a solid detached two-storey home situated on a generous 67 ft × 120 ft walk-out lot, offering exceptional potential for homeowners, investors, and builders. The home features a bright and functional layout with spacious principal rooms and generously sized bedrooms. Large windows bring in abundant natural light, creating a warm and inviting atmosphere. The walk-out basement provides additional living space and flexibility for recreation, extended family use, or future in-law potential. One of the standout features of this property is the extra-long private driveway, providing ample parking and convenient winter maintenance. Set on a rare 67-ft wide walk-out lot surrounded by mature trees, this property offers excellent redevelopment potential. Whether you choose to renovate, hold as an investment, or design and build your dream home, the generous lot size and walk-out grading provide outstanding possibilities. Ideally located close to parks, schools, shopping, and public transit, and just minutes from University of Waterloo and Wilfrid Laurier University. Properties with wide walk-out lots and redevelopment potential in this location are increasingly rare — a fantastic opportunity to secure a property with both immediate liveability and long-term upside.


Property Details

StyleTwo Story
View-
Age of property-
SqFt~2125 SqFt
Lot Size8,046 SqFt(119.9 x 67.11)
Parking Spaces5
MLS ®Number40808972
Community NameWillowdale
Data SourceITSO
Listing byRoyal LePage Wolle Realty

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Walk-Out Access, Full, Finished

Second Floor

Bedroom Primary

4.42 x 3.66

Bedroom

3.63 x 3.07

Bedroom

3.63 x 3.05

Bedroom

3.02 x 2.57


Features

Lot size: 8,046 SqFt
Septic Approved

Parking

Garage spaces 1

Garage type -

Other parking spaces 4

Total parking spaces 5


Property History

Mar 5, 2026
ListedActive
$799,000
7 days on market
history photo preview35
Listing by itso®
Property listed by Royal LePage Wolle Realty, Brokerage
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Market Data - Willowdale

Geo Zone Map ThumbnailWillowdale

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

58 days

Compared to

2025

13 days

2024

13 days

2023

21 days

New Listings

Past 30 days

4 listings

Compared to

2025

3 listings

2024

5 listings

2023

3 listings

Units sold

Past 30 days

3 units

Compared to

2025

5 units

2024

6 units

2023

2 units

Median Sold Price

Past 30 days

$774,000

Compared to

2025

$737,000

2024

$861,250

2023

$748,000


Population and Demographics

Overview

Total population 6301
Average household income $119,515

Age (%)

0 to 19
19%
20 to 34
27%
35 to 49
18%
50 to 64
18%
65 and plus
19%

Household composition (%)

Single family
60%
Single person
32%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
86%
Others
5%
German
2%
Spanish
2%
Mandarin
2%
Arabic
2%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget