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Listed 2 months ago

321 Carriage Way

, Waterloo

$1,149,000

Detached|2-Storey
4 | 4 | 4
About this home

Welcome to this 2018-built home in Waterloo's highly desirable Kiwanis Park neighborhood, featuring a fully LEGAL ONE-BEDROOM + DEN BASEMENT APARTMENT WITH PRIVATE ENTRANCE. ideal for extended family, multi-generational living, or mortgage-helper rental income. Lovingly maintained by the original owner, this spacious residence offers 4 bedrooms, 3 bathrooms, and a double-car garage with a functional layout designed for modern family living. The main floor features a bright open-concept design with a kitchen equipped with quartz countertops, stainless steel appliances, a walk-in pantry, and an oversized island overlooking the dining and living areas. The living room features a cozy gas fireplace, creating a comfortable space for everyday living and entertaining. California shutters throughout the main and upper levels provide privacy and style. The second floor offers four spacious bedrooms, a convenient laundry room, and a primary bedroom retreat complete with a walk-in closet and private ensuite featuring a freestanding tub, walk-in shower, and private toilet room. The additional bedrooms share a family bathroom. The fully legal lower-level apartment provides exceptional flexibility with its own private entrance, full kitchen, bright living area, spacious bedroom, separate den/home office, and full bathroom with a walk-in shower. Large above-grade windows provide natural light while maintaining privacy. Conveniently located close to Kiwanis Park, schools, walking trails, shopping, public transit, and Highway 85, this home offers a rare combination of location, functionality, and income potential. A great opportunity for families, investors, or those seeking flexible living arrangements in one of Waterloo's sought-after communities. Certain images have been virtually staged.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,824
Lot Size34.85 ft x 108.27 ft
mls© NumberX13541376
Listed ByRIGHT AT HOME REALTY

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%
$5,881
Property tax
$652
Heat allowance
$150
Housing costs
$6,683 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $229,800
25-yr amortization

Income needed

$206,000

gross annual household income

Payment at 4%
$4,835 / mo
Cash down
$229,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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