3 days on Market

71 Helene Cres, Waterloo, Ontario N2L 5E6

Detached
3 + 2
2
~700-1100 sqft
$879,000
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Detached
3 + 2
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,027/sqft

Est. Mortgage$3,775/mo

Tax Amount (2024)$4,212/yr

Days On Market3 days


Description

Exceptional opportunity for investors and end-users alike! This well-maintained Home is situated on a premium pie-shaped lot in a highly desirable Waterloo neighbourhood, offering both flexibility and future potential. With parking for up to 6 vehicles and two fully self-contained units, this property is ideal for multi-generational living, owner-occupied rental scenarios, or as a high-yield income property. The main level features a bright and inviting 3-bedroom unit, thoughtfully laid out with an open-concept living/dining area, a spacious kitchen, and updated finishes that cater to modern family living overlooking to the Breakfast Area. Large windows throughout allow for ample natural light, enhancing the sense of space and comfort. The fully separate lower-level unit offers 2 generously sized bedrooms, its own private entrance, and a functional floor plan ideal for student housing or rental income. This lower unit provides excellent income potential with privacy and convenience. Located just minutes from the University of Waterloo, Wilfrid Laurier University, and Conestoga College's Waterloo campus, this property is a prime location for attracting consistent, high-quality tenants. Nearby amenities include top-rated schools, shopping centres, parks, and public transit, making day-to-day living seamless for both homeowners and renters. This is more than just a home it's a strategic investment in one of Ontario's fastest-growing and in-demand communities. Don't miss your chance to own a turnkey property with long-term upside in the heart of Waterloo! CHECK OTHER PROPERTY INFORMATION ATTACHMENT


Property Details

StyleBungalow-Raised
View-
Age of property31-50
SqFt~700-1100 SqFt
Lot Size6,011 SqFt(150.28 x 40)
Parking Spaces6
MLS ®NumberX12183442
Community NameBeechwood
Data SourceTRREB
Listing byRE/MAX REALTY SERVICES INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Sep Entrance, Finished

Features

Lot size: 6,011 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by RE/MAX REALTY SERVICES INC., Brokerage

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Market Data - Beechwood

Geo Zone Map ThumbnailBeechwood

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

9 days

2023

12 days

2022

12 days

New Listings

Past 30 days

20 listings

Compared to

2024

20 listings

2023

18 listings

2022

15 listings

Units sold

Past 30 days

6 units

Compared to

2024

6 units

2023

12 units

2022

8 units

Median Sold Price

Past 30 days

$942,500

Compared to

2024

$1,080,000

2023

$1,091,000

2022

$965,000


Population and Demographics

Overview

Total population 7141
Average household income $139,800

Age (%)

20 to 34
27%
65 and plus
21%
0 to 19
20%
50 to 64
16%
35 to 49
16%

Household composition (%)

Single family
62%
Single person
28%
Multi person
9%
Multi family
1%

Mother tongue (%)

English
78%
Mandarin
5%
Others
4%
Arabic
4%
German
2%
Iranian Persian
2%
Spanish
1%

House tenancy (%)

Owners
57%
Renters
43%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget