9 hours on Market

704 Black Cherry St, Waterloo, Ontario N2V 2P3

Detached
3 + 1
4
~1500-2000 sqft
$849,000
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Detached
3 + 1
4
~1500-2000 sqft

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Highlights

Property Estimate

Days on market9 hours

Estimated valueNot available

Price/Sqft$495/sqft

Monthly cost

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+9

Properties sold*

$1.1M

Median sold price*

*Based on last 30 days

Description

!!!! LEGAL DUPLEX WITH SEPARATE ENTRANCE !!!!! POTENTIAL INCOME PROPERTY!!!!! Welcome to this stunning detached home in the highly desirable Columbia Forest community of Waterloo. Offering 1820 sqft of above-ground living space, plus a legal basement apartment, this home delivers the perfect combination of comfort, style & income potential. Main floor boasts a functional open layout with a spacious living room that flows into the dining area, creating a warm, inviting space for everyday living & entertaining. The well-appointed kitchen features stainless steel appliances, quartz countertops & ample cabinetry with walkout to private backyard ideal for hosting summer BBQs or relaxing in the sun. Main floor laundry add to the convenience. The primary suite is a true retreat, complete with a 5-piece ensuite Washroom & large walk-in closet. 2 additional bedrooms & a second full bath provide plenty of space for family, guests, or a home office. The highlight of this property is the fully legalized basement apartment with a sep. entrance, designed to generate reliable rental income or provide an ideal living space for in-laws or extended family. This bright & spacious unit includes a living room, a well-equipped kitchen, a bedroom, a 4-piece bathroom & its own private laundry area. Great Help to offset your mortgage or build long-term equity through rental income. Close to to some of Waterloo's best schools including Vista Hills Public School and Laurel Heights Secondary School. Its just minutes to the University of Waterloo, Wilfrid Laurier University, and all major amenities including shopping, restaurants, public transit, the Boardwalk, Costco, and scenic trails. This home is ideal for families, multigenerational households, investors, or anyone looking for flexible living with income support. With modern finishes, a legal basement suite, and a prime Laurelwood location, it offers exceptional value and pride of ownership throughout.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size3,821 SqFt(119 x 32.11)
Parking Spaces3
MLS ®NumberX12261583
Community NameColumbia Hills
Data SourceTRREB
Listing byRE/MAX REALTY SERVICES INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

2nd Floor

Primary

5.66 x 5.66

Vinyl Floor / 5 Pc Ensuite / W/I Closet

2nd Br

4.37 x 3.17

Vinyl Floor / Closet / Window

3rd Br

4.09 x 3.76

Vinyl Floor / Closet / Window


Features

Lot size: 3,821 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 2

Total parking spaces 3


Property History

Jul 4, 2025
ListedActive
$849,000
9 hours on market
history photo preview50
Listing by trreb®

Market Data - Columbia Hills

Geo Zone Map ThumbnailColumbia Hills

Strong Buyer'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

13 days

Compared to

2024

32 days

2023

14 days

2022

14 days

New Listings

Past 30 days

30 listings

Compared to

2024

20 listings

2023

13 listings

2022

21 listings

Units sold

Past 30 days

7 units

Compared to

2024

9 units

2023

10 units

2022

9 units

Median Sold Price

Past 30 days

$890,000

Compared to

2024

$1,075,000

2023

$1,115,000

2022

$1,250,000


Population and Demographics

Overview

Total population 3538
Average household income $161,972

Age (%)

0 to 19
30%
20 to 34
19%
35 to 49
24%
50 to 64
17%
65 and plus
10%

Household composition (%)

Single family
84%
Single person
11%
Multi person
4%
Multi family
2%

Mother tongue (%)

English
53%
Mandarin
17%
Arabic
5%
Urdu
4%
Korean
3%
Punjabi (Panjabi)
3%
Spanish
2%
Hindi
2%
Iranian Persian
2%
Others
1%

House tenancy (%)

Owners
84%
Renters
16%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget