Cottage Living in the City in Old Colonial Acres, Waterloo - New Price! Who needs a cottage when you can retreat to your own backyard oasis? This is cottage living in the city at its best, located in Old Colonial Acres, Waterloo. This beautifully decorated home and magnificently landscaped backyard is offered for sale at $479,00 Learn more about cottage living in the city.  You don’t see large beautifully landscaped properties like this often in Waterloo.  This Old Colonial Acres 3 bedroom sidesplit home is wonderfully maintained and updated.  Ideal for people who love to entertain, this home is turn-key ready and tucked away in a quiet, established neighbourhood.  Shopping and groceries are only minutes away at Conestoga Mall. St. Jacobs, with its quaint shops, restaurants and Farmer’s... 09/13/2013