194 Cedarbrae AVE new Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2L 4S5
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X12155430
Style Bungalow-Raised
Bedrooms 6
Annual Tax Amount $4,301
Tax Year 2024
Property Sub-Type Detached
Property 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!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room Yes
Basement Finished with Walk-Out,Separate Entrance
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Atrium,Brick & Beam,Central Vacuum,Countertop Range,Floor Drain,Guest Accommodations,Primary Bedroom - Main Floor,Separate Hydro Meter,Storage,Suspended Ceilings,Upgraded Insulation,Ventilation System,Water Heater Owned,Water Meter
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 52.0
Lot Depth 125.0
Total Parking Spaces 5
Building
Foundation Concrete