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Home ON Kitchener - Cambridge - Waterloo Waterloo Lakeshore
194 CEDARBRAE AVENUE
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194 CEDARBRAE AVENUE $799,999
$799,999
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194 CEDARBRAE AVENUE
Waterloo, Ontario N2L4S5

MLS® Number: X12155430
3 + 3
Bedrooms
2
Bathrooms
1100 - 1500
Square Feet

Listing Description

Attention Homeowners and Investors! Rare opportunity to own this beautifully 3+3 bedrooms home with significant income potential. This stunning home sits on a huge 52x125 ft lot where your family can live in one unit and rent out the other separate unit to offset your mortgage. The fully finished walk-out basement with a separate entrance and above-grade windows offers excellent additional income potential with its own kitchen, bathroom and laundry room. 10 min bus ride to University of Waterloo, flexibility to use as a high-income student rental generating significant positive cash flow. Conveniently located, you'll find yourself close to shopping, schools, parks, LRT, and public transit. With easy access to highways, community centers, conservation areas, and prestigious universities, this home perfectly balances suburban tranquility with urban convenience. Digitally staged for illustration purposes only. Perfect for a variety of buyers: first-time homeowners seeking a large lot, parents looking for a prime location and a meticulously maintained home for their university-bound children, or investors targeting a strong rental market with future development opportunity - this property checks all the boxes. Whether you are an investor seeking high cash flow or a homeowner looking for a mortgage helper, this property is a must-see! Don't miss your chance to own this impeccable home. Schedule your showing today and make your homeownership dreams a reality! (40483322)

Location Description

Cedarbrae

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
1
Square Footage
1100 - 1500 sqft
Land Size
52 x 125 FT
Annual Property Taxes
$4,301.07
Parking Type
Garage
Time on REALTOR.ca
80 days

Building

Bedrooms
Above Grade
3
Below Grade
3
Bathrooms
Total
2
Interior Features
Appliances Included
Range, Water Heater, Water meter, Dryer, Two stoves, Two Washers, Two Refrigerators
Basement Features
Separate entrance, Walk out
Basement Type
N/A (Finished)
Ceiling Type
Suspended ceiling
Building Features
Features
Guest Suite, Atrium/Sunroom
Foundation Type
Concrete
Architecture Style
Raised bungalow
Construction Status
Insulation upgraded
Building Amenities
Separate Electricity Meters
Heating & Cooling
Cooling
Central air conditioning, Ventilation system
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Installed), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Concrete
Parking
Parking Type
Garage
Total Parking Spaces
5

Measurements

Square Footage
1100 - 1500 sqft

Rooms

MetricImperial
Lower level
Kitchen
Bathroom
Bedroom 4
Bedroom 5
Bedroom
Upper Level
Bedroom
Foyer
Bedroom 2
Bedroom 3
Living room
Dining room
Kitchen
Bathroom

Land

Lot Features
Frontage
52 ft
Land Depth
125 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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