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, Waterloo
$693,000
This detached bungalow in the desirable Lincoln Heights area of Waterloo offers an excellent opportunity for buyers looking to add their own finishing touches. Situated on a large lot with an inground pool, the spacious home features a bright, sunlit layout with plenty of potential. The main floor could easily be converted to accommodate a third bedroom, while the basement offers a separate entrance, rough-in for a second kitchen, and the potential for additional living space or a duplex, subject to the necessary approvals. The home also features a wood-burning fireplace on the main level and a gas fireplace in the basement. Being sold "as is," this property is ideal for buyers with a creative vision who are ready to renovate and transform it into an amazing home. The potential is definitely there!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,457 |
| Lot Size | 68.09 ft x 148.89 ft |
| mls© Number | X13725366 |
| Listed By | McIntyre Real Estate Services 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%
- $3,547
- Property tax
- $455
- Heat allowance
- $150
- Housing costs
- $4,152 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$128,000
gross annual household income
- Payment at 4%
- $2,916 / mo
- Cash down
- $138,600
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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