Re-listed 16 days ago

285 Thorncrest Dr, Waterloo, Ontario N2L 4L2

Detached
3 + 3
2
~1100-1500 sqft
$•••,•••
$779,000
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$3,895Cashback
Detached
3 + 3
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market16 days

Total days on market
64 days

Estimated valueNot available

Price/Sqft$614/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 ®NumberX12314925
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
$•••,•••
16 days on market
history photo preview50
Listing by trreb®

Market Data - Lakeshore

Geo Zone Map ThumbnailLakeshore

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

26 days

Compared to

2024

13 days

2023

10 days

2022

28 days

New Listings

Past 30 days

18 listings

Compared to

2024

13 listings

2023

6 listings

2022

6 listings

Units sold

Past 30 days

6 units

Compared to

2024

5 units

2023

7 units

2022

5 units

Median Sold Price

Past 30 days

$710,250

Compared to

2024

$820,000

2023

$757,000

2022

$729,000


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