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, Waterloo
$749,000
LOCATION, LOCATION. 5 Minuts drive or walking distance to both Unitversities. Perfect for families, investors, or those seeking extra income! This home represents an opportunity with endless possibilities! This solid, well-maintained bungalow offers incredible versatility with two fully finished levels, each complete with its own living room, kitchen, bathrooms, and three generously sized bedrooms per level. Upstairs,. The kitchen offers plenty of cupboards, counter space and a spacious eat-in nook area with a large window. The lower level is a bright, self-sufficient living space with oversized windows, 3 bedrooms, 1 bathroom, kitchen, and a private separate entrance, ideal for extended family living or as a mortgage-helping rental unit. Enjoy a good-sized backyard perfect for gardening or relaxing, A long driveway fits up to 4 cars, making parking convenient for large families or tenants.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,836 |
| Lot Size | 42 ft x 100 ft |
| mls© Number | X13466958 |
| Listed By | RE/MAX TWIN CITY REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,834
- Property tax
- $320
- Heat allowance
- $150
- Housing costs
- $4,303 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$132,000
gross annual household income
- Payment at 4%
- $3,152 / mo
- Cash down
- $149,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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