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Listed 16 days ago

49 Dietz Avenue S

, Waterloo

$699,000

Detached|Bungalow
3 | 2 | 4
About this home

Welcome to 49 Dietz Ave S in the Uptown Waterloo/Westmount neighbourhood, an excellent opportunity for investors or those looking for a centrally located family home. This 3-bedroom, 2-bath bungalow offers plenty of space and flexibility in a convenient Waterloo location. The main floor features an updated kitchen, updated bathroom, three bedrooms and comfortable living space. The finished basement adds valuable additional space, a second bathroom and plenty of storage, with room for a recreation area, home office, gym or study space. Most windows have been updated, along with the furnace, air conditioning, water heater and water softener. Outside, enjoy a generous 132-foot deep lot with parking for four vehicles. The spacious yard provides plenty of room to enjoy the outdoors and adds to the property's overall appeal and flexibility. The location is hard to beat. Close to both the University of Waterloo and Wilfrid Laurier University, the home is also within easy reach of Uptown Waterloo and Westmount. Westmount Place and its variety of shops, services and everyday conveniences, including T&T Supermarket, are within walking distance. Waterloo Town Square, restaurants, parks, schools and other amenities are also nearby, with convenient access to public transit for getting around Waterloo. Whether you're looking to add to your investment portfolio or find a centrally located Waterloo bungalow to call your own, 49 Dietz Ave S offers a great combination of location, space, updates, storage and flexibility.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,927
Lot Size50 ft x 132 ft
mls© NumberX13854610
Listed ByREMAX Solid Gold Realty (II) Ltd., Brokerage

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%
$3,578
Property tax
$411
Heat allowance
$150
Housing costs
$4,138 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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