ON > Waterloo
Waterloo, ON N2L 4S5,194 Cedarbrae AVE
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Waterloo, ON N2L 4S5,194 Cedarbrae AVE
Waterloo, ON N2L 4S5,194 Cedarbrae AVE
Waterloo, ON N2L 4S5,194 Cedarbrae AVE
Waterloo, ON N2L 4S5,194 Cedarbrae AVE
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Michael Lau

Michael Lau

+1(416) 700-0286
$ 799,999
Est. payment /mo
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194 Cedarbrae AVE Waterloo, ON N2L 4S5

6 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

MLS Listing ID X12155430

Style Bungalow-Raised

Bedrooms 6

Annual Tax Amount $4,301

Tax Year 2024

Property Sub-Type Detached

Property Description

Attention Homeowners and Investors! Rare opportunity to own this beautifully 3+3 bedrooms home with significant income potential. This stunning home sits on a huge 52x125 ft lot where your family can live in one unit and rent out the other separate unit to offset your mortgage. The fully finished walk-out basement with a separate entrance and above-grade windows offers excellent additional income potential with its own kitchen, bathroom and laundry room. 10 min bus ride to University of Waterloo, flexibility to use as a high-income student rental generating significant positive cash flow. Conveniently located, you'll find yourself close to shopping, schools, parks, LRT, and public transit. With easy access to highways, community centers, conservation areas, and prestigious universities, this home perfectly balances suburban tranquility with urban convenience. Digitally staged for illustration purposes only. Perfect for a variety of buyers: first-time homeowners seeking a large lot, parents looking for a prime location and a meticulously maintained home for their university-bound children, or investors targeting a strong rental market with future development opportunity - this property checks all the boxes. Whether you are an investor seeking high cash flow or a homeowner looking for a mortgage helper, this property is a must-see! Don't miss your chance to own this impeccable home. Schedule your showing today and make your homeownership dreams a reality!

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room Yes

Basement Finished with Walk-Out, Separate Entrance

Kitchen 2

Separate Den/Office 3

Interior

Interior Features Atrium, Brick & Beam, Central Vacuum, Countertop Range, Floor Drain, Guest Accommodations, Primary Bedroom - Main Floor, Separate Hydro Meter, Storage, Suspended Ceilings, Upgraded Insulation, Ventilation System, Water Heater Owned, Water Meter

Cooling Central Air

Fireplace Yes

Heat Source Gas

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 52.0

Lot Depth 125.0

Total Parking Spaces 5

Building

Foundation Concrete

Listed by ROYAL LEPAGE SIGNATURE REALTY
agent

Michael Lau

Agent | License ID: 4784577

+1(416) 700-0286

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194 Cedarbrae AVE