Standard kitchen, wood/laminate floor for 163 Cedarbrae Ave, Waterloo Ontario N2L 4S1
3 days on Market

163 Cedarbrae Ave, Waterloo, Ontario N2L 4S1

Semi-Detached
3 + 3
2
~700-1100 sqft
$799,000
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Semi-Detached
3 + 3
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$934/sqft

Monthly cost

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Description

Beautifully renovated semi-detached home close to the University! Fantastic investment property with a substantial rental income that has positive cash flow potential. This gorgeous home has TWO separate THREE BEDROOM apartments: Main floor and Basement, with current City of Waterloo Rental Permits. 2 kitchens, 2 laundry rooms, separate entrance to basement. Private driveway parking for 4 cars and fenced private backyard. All furniture available - free of charge! This property is ideal for renting to students or working professionals with an easy commute to the University of Waterloo, Wilfred Laurier and Conestoga college. With 6 bedrooms, it is easy to rent for $4000+/month, with positive cash flow and has low taxes. Recent upgrades include:new Furnace2025, New Driveway paving 2025, Leaf Guard 2025, Energy efficient new windows 2024. An Ideal home for first time home buyers, retirees or investors ready for an immediate income! The Cedarbrae community is a very desirable neighbourhood in Waterloo for Young Professionals, Families, Retirees and Students. Located steps from city bus stop, with regular bus service. This area boasts numerous open areas, parks, nature trails, recreation spaces and playgrounds.Walking distance to Albert McCormik Recreation Centre. Easy access to major highways and the LRT. Close to shopping, groceries, health & fitness clubs, restaurants, etc. Priced to sell quickly, this is the chance you've been waiting for!


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~700-1100 SqFt
Lot Size3,919 SqFt(111.95 x 35.01)
Parking Spaces4
MLS ®NumberX12250530
Community NameLakeshore
Data SourceTRREB
Listing byNEW ERA REAL ESTATE

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Main Floor

Living

5.08 x 3.63

Kitchen

3.51 x 2.62

Dining

0.0 x 0.0

Primary

3.02 x 4.88


Features

Lot size: 3,919 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Population and Demographics

Overview

Total population 3044
Average household income $96,715

Age (%)

0 to 19
22%
20 to 34
30%
35 to 49
17%
50 to 64
16%
65 and plus
15%

Household composition (%)

Single family
61%
Single person
26%
Multi person
12%
Multi family
0%

Mother tongue (%)

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

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget