548 Mariner Drive, Waterloo, ON N2K 3Y8
Waterloo · Near Bridge St./University Ave. · View map
About this home
Welcome to this beautifully updated and freshly painted END Unit 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 the 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!
The home
- Type
- Freehold townhouse
- Style
- 2-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 6
- Basement
- Finished
- Lot size
- 27.9 x 114.8 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding, Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 1
- Total parking
- 2
- Parking features
- Available
Taxes & other
- Property taxes
- $4,125/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- TBA
- Cross street
- Bridge St./University Ave.
More
- Price per sq ft
- ~$492 (at 1,300 sq ft)
- Listed
- Aug 20, 2026 · 51 days ago
- MLS® number
- X13696936
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
548 Mariner Drive, Waterloo, ON N2K 3Y8
Waterloo · Near Bridge St./University Ave.
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Listing history for 548 Mariner Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every townhouse.
Frequently asked questions about 548 Mariner Drive
Answers come straight from this home’s MLS® listing.
How much is 548 Mariner Drive listed for, and what would it cost each month?
548 Mariner Drive is listed for $639,000. With 20% down ($127,800), the mortgage payment would be roughly $2,578 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,921 a month, all in. That figure is an illustration, not a quote.
Is 548 Mariner Drive a freehold or a condo townhouse, and is there a monthly fee?
548 Mariner Drive is a freehold townhouse in Waterloo. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 548 Mariner Drive have?
548 Mariner Drive has 3 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 548 Mariner Drive have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 1 space. In total the listing counts 2 parking spaces.
Does 548 Mariner Drive have a finished basement?
The listing describes the basement as finished. Finished basement space is usually not counted in the square footage shown.
How big is 548 Mariner Drive, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 27.9 x 114.8 ft.
How is 548 Mariner Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 548 Mariner Drive?
Property taxes are $4,125 a year (2026), or about $344 a month.
Where is 548 Mariner Drive?
548 Mariner Drive is in Waterloo. The nearest main intersection is Bridge St./University Ave.. The postal code is N2K 3Y8.
How long has 548 Mariner Drive been on the market?
548 Mariner Drive was listed on August 20, 2026. It has been on the market for 51 days. It is an active listing (MLS® X13696936). Listings here update from the board through the day and come down once a home sells.
What are similar townhouses near 548 Mariner Drive asking?
Similar townhouses for sale nearby right now include 513 Mariner Drive at $739,000 (3 bed), 650 Wild Ginger Avenue at $650,000 (3 bed) and 776 Paris Boulevard at $624,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 548 Mariner Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 548 Mariner Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this townhouse and get an answer, usually within the hour.
Similar townhouses nearby
More townhouses for sale near Waterloo, picked by type, size and price.
Freehold townhouse$739,000513 Mariner Drive, Waterloo3 bed · 3 bathCourtesy of: BAY STREET GROUP INC.View townhouse →
Freehold townhouse$650,000650 Wild Ginger Avenue, Waterloo3 bed · 3 bathCourtesy of: HOMELIFE LANDMARK REALTY INC.View townhouse →
Freehold townhouse$624,900776 Paris Boulevard, Waterloo3 bed · 4 bathCourtesy of: RE/MAX Solid Gold Realty (II) LtdView townhouse →Courtesy of: RE/MAX EXCEL REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.