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, Waterloo
$599,000
Welcome to this beautifully updated detached home in the highly desirable East Waterloo neighborhood, offering the perfect blend of comfort, functionality, and income potential. Situated in a spacious lot, this side-split features 3+1 bedrooms, 2.5 bathrooms, parking for up to 4 vehicles and 4 finished levels. Step inside to a bright main floor highlighted by a sun-filled kitchen with updated cabinetry and modern finishes, flowing seamlessly into the living and dining areas. A standout feature of this home is the separate entrance to the fully finished basement, providing excellent potential for an in-law suite or rental income opportunity. The basement includes additional living space and versatile rooms perfect for a home office, gym, or guest accommodation. The lower-level family room offers a cozy retreat with a gas fireplace, washroom and convenient walkout access to the backyard. Recent improvements include professional interior and exterior painting, refinished hardwood flooring, a newly added full bathroom, updated kitchen flooring and cabinetry, modern light fixtures, new window coverings and a professionally finished driveway. Located just seconds from Highway 7 and minutes to Uptown Waterloo, both universities, St. Jacobs Farmers' Market, parks, schools, shopping, and transit, this property offers unmatched convenience for families and investors alike. Currently rented on a month-to-month basis with good income. Vacant possession can be provided. The property will be professionally cleaned and delivered in the same condition as shown in photos.
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| Type | Detached |
| Style | Sidesplit |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,850 |
| Lot Size | 77.91 ft x 4 ft |
| mls© Number | X13706884 |
| Listed By | CENTURY 21 RIGHT TIME REAL ESTATE 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%
- $3,066
- Property tax
- $404
- Heat allowance
- $150
- Housing costs
- $3,620 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$111,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
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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