163 Cedarbrae Avenue Waterloo, Ontario N2L 4S1
$799,000
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! (id:53661)
Property Details
| MLS® Number | X12250530 |
| Property Type | Single Family |
| Neigbourhood | Lakeshore Village |
| Amenities Near By | Golf Nearby, Hospital, Place Of Worship, Public Transit |
| Equipment Type | Water Heater |
| Features | In-law Suite |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Age | 51 To 99 Years |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater, Dryer, Furniture, Microwave, Two Stoves, Two Washers, Window Coverings, Two Refrigerators |
| Architectural Style | Bungalow |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Construction Style Attachment | Semi-detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Golf Nearby, Hospital, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 112 Ft |
| Size Frontage | 35 Ft |
| Size Irregular | 35 X 112 Ft |
| Size Total Text | 35 X 112 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom 3 | 2.9 m | 3.89 m | 2.9 m x 3.89 m |
| Basement | Kitchen | Measurements not available | ||
| Basement | Living Room | 4.57 m | 5.64 m | 4.57 m x 5.64 m |
| Basement | Primary Bedroom | 3.99 m | 3.91 m | 3.99 m x 3.91 m |
| Basement | Bedroom 2 | 2.57 m | 2.9 m | 2.57 m x 2.9 m |
| Main Level | Living Room | 5.08 m | 3.63 m | 5.08 m x 3.63 m |
| Main Level | Kitchen | 3.51 m | 2.62 m | 3.51 m x 2.62 m |
| Main Level | Dining Room | Measurements not available | ||
| Main Level | Primary Bedroom | 3.02 m | 4.88 m | 3.02 m x 4.88 m |
| Main Level | Bedroom 2 | 2.59 m | 3.05 m | 2.59 m x 3.05 m |
| Main Level | Bedroom 3 | 2.57 m | 3.28 m | 2.57 m x 3.28 m |
https://www.realtor.ca/real-estate/28532245/163-cedarbrae-avenue-waterloo
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June 27 2025 07:58:14
Toronto Regional Real Estate Board
New Era Real Estate
