Re-listed 10 days ago

285 Thorncrest Dr, Waterloo, Ontario N2L 4L2

Detached
3 + 3
2
~1100-1500 sqft
$•••,•••
$699,000
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$3,495Cashback
Detached
3 + 3
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market10 days

Total days on market
23 days

Estimated valueNot available

Price/Sqft$551/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$820K

Median sold price*

*Based on last 30 days

Description

Investors dream and ideal family home in a highly sought-after, family-friendly Waterloo neighborhood! Welcome to 285 Thorncrest Drive a spacious and freshly painted side-split situated on a deep lot with tranquil curb appeal and parking for up to 8 vehicles. This versatile home offers 6 bedrooms and 2 full bathrooms, making it perfect for large families, multigenerational living, or investors seeking strong rental income potential. The main level features hardwood flooring, a spacious open-concept living and dining area, and a walkout to the private backyard. A bright and functional kitchen serves as the heart of the home. You'll also find 3 well-sized bedrooms, a 4-piece bathroom, laundry on the main floor, and plenty of natural light throughout. The finished basement with a separate walk-up entrance offers 3 additional bedrooms, a cozy living area, a second full bath, dedicated laundry, and a flexible layout that lends itself perfectly to an in-law suite or future legal duplex (buyer to verify with the city).Enjoy a private, fully fenced backyard with mature trees, perfect for outdoor relaxation and entertaining. All of this in a quiet, family-oriented neighborhood close to top-rated schools, the University of Waterloo, Wilfrid Laurier University, Conestoga College, shopping, public transit, and Laurel Creek Conservation Area. Don't miss this unique opportunity to own a turn-key property in one of Waterloos most desirable locations!


Property Details

StyleSidesplit 4
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size6,657 SqFt(111 x 59.98)
Parking Spaces9
MLS ®NumberX12248022
Community NameLakeshore
Data SourceTRREB
Listing byRE/MAX REALTY SERVICES INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Walk-Up, Finished

Features

Lot size: 6,657 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 8

Total parking spaces 9


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
10 days on market
history photo preview50
Listing by trreb®

Market Data - Lakeshore

Geo Zone Map ThumbnailLakeshore

Strong Seller'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

28 days

Compared to

2024

11 days

2023

9 days

2022

6 days

New Listings

Past 30 days

9 listings

Compared to

2024

10 listings

2023

12 listings

2022

7 listings

Units sold

Past 30 days

8 units

Compared to

2024

5 units

2023

9 units

2022

4 units

Median Sold Price

Past 30 days

$732,500

Compared to

2024

$820,000

2023

$820,000

2022

$782,250


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