Colonial Acres, Waterloo Neighborhood Guide
Colonial Acres is a mature and family-oriented neighbourhood in north Waterloo known for its spacious homes, quiet streets, excellent schools, and convenient location near shopping and recreation amenities. The neighbourhood has long been a desirable area for families and professionals seeking established suburban living. The area features detached homes, townhouses, and condominiums built primarily in the 1970s through 1990s, many situated on larger lots with mature landscaping. Residents enjoy close proximity to Conestoga Mall, universities, parks, recreation centres, and major transportation routes throughout Waterloo Region. With strong community appeal and stable long-term property values, Colonial Acres continues to attract buyers looking for established residential neighbourhoods in Waterloo. As more buyers and sellers look to maximize value in today’s market, many are turning to smarter real estate solutions. Top 1% REALTORS® at Modern Solution Realty have helped over 5,000+ clients, saving more than $20M+ in commission and providing over $8M+ in cashback incentives. With a 4.8-star Google rating, those buying or selling in Colonial Acres are increasingly taking advantage of 1% commission listings and $5,000 cashback programs.
Average Home Prices in Colonial Acres
- Average Detached Price: $1,150,000
- Average Townhouse Price: $775,000
- Average Condo Price: $625,000
Just Listed in Waterloo
The newest homes for sale across Waterloo from the last 30 days — Colonial Acres buyers often shop the surrounding neighbourhoods too.
- 427 KEATS Way 2, Waterloo — 5 bed, 2 bath, $349,000
- 315 Crimson Crescent, Waterloo — 4 bed, 4 bath, $1,225,000
- 326 Tealby Crescent, Waterloo — 3 bed, 4 bath, $950,000
- 250 Albert Street 615, Waterloo — 1 bed, 1 bath, $269,500
- 157 Dawson Street, Waterloo — 5 bed, 3 bath, $799,999
- 257 HEMLOCK Street 509, Waterloo — 1 bed, 1 bath, $275,000
- 243 Grey Silo Road 31, Waterloo — 3 bed, 3 bath, $799,900
- 279 Chandler Drive 203, Waterloo — 2 bed, 1 bath, $290,000
See everything just listed in Waterloo
Restaurants in Colonial Acres
Residents enjoy convenient access to restaurants, cafés, and casual dining options nearby.
- Wildcraft Grill + Long Bar
- Bauer Kitchen
- Molly Bloom's Irish Pub
- Sole Restaurant and Wine Bar
- Proof Kitchen + Lounge
Shopping in Colonial Acres
The neighbourhood is located near major shopping and retail amenities.
- Conestoga Mall
- The Boardwalk
- Waterloo Town Square
- Costco Wholesale Waterloo
Schools near Colonial Acres
- Bluevale Collegiate Institute
- Lester B Pearson Public School
- St David Catholic Secondary School
- Lincoln Heights Public School
- Waterloo Independent Secondary School
- KW Montessori School
- St Jude's School
Parks & Outdoors in Colonial Acres
Residents enjoy mature parks, walking trails, and recreational facilities nearby.
- RIM Park
- Walter Bean Grand River Trail
- Waterloo Park
- Bechtel Park
Arts & Culture in Colonial Acres
Residents enjoy access to Waterloo’s arts, festivals, and entertainment attractions.
- Canadian Clay and Glass Gallery
- Waterloo Public Square
- Perimeter Institute for Theoretical Physics
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Frequently Asked Questions
Where is Colonial Acres located?
Colonial Acres is a neighborhood located in Waterloo, Ontario, Canada.
What schools are in Colonial Acres?
Colonial Acres is served by schools including Bluevale Collegiate Institute, Lester B Pearson Public School, St David Catholic Secondary School, Lincoln Heights Public School, Waterloo Independent Secondary School, KW Montessori School.
What parks are near Colonial Acres?
Popular parks near Colonial Acres include RIM Park, Walter Bean Grand River Trail, Waterloo Park, Bechtel Park.
How much commission do I pay to sell a home in Colonial Acres?
Modern Solution Realty lists homes in Colonial Acres, Waterloo for a 1% listing commission — significantly less than the traditional 2.5% — with the same full service.
Do I get cashback when buying a home in Colonial Acres?
Yes. When you buy a home in Colonial Acres, Waterloo through Modern Solution Realty, you receive $5,000 cashback at closing.
Looking to buy a home in Colonial Acres, Waterloo? Browse homes for sale in Waterloo with Modern Solution Realty's 1% listing commission and $5,000 buyer cashback.