163 Cedarbrae Avenue Waterloo, Ontario N2L 4S1
$799,000
Beautifully renovated semi-detached home close to the University! Fantastic investment property with a substantial rental income that has positive cash flow potential. This gorgeous home has TWO separate THREE BEDROOM apartments: Main floor and Basement, with current City of Waterloo Rental Permits. 2 kitchens, 2 laundry rooms, separate entrance to basement. Private driveway parking for 4 cars and fenced private backyard. All furniture available - free of charge! This property is ideal for renting to students or working professionals with an easy commute to the University of Waterloo, Wilfred Laurier and Conestoga college. With 6 bedrooms, it is easy to rent for $4000+/month, with positive cash flow and has low taxes. Recent upgrades include:new Furnace2025, New Driveway paving 2025, Leaf Guard 2025, Energy efficient new windows 2024. An Ideal home for first time home buyers, retirees or investors ready for an immediate income! The Cedarbrae community is a very desirable neighbourhood in Waterloo for Young Professionals, Families, Retirees and Students. Located steps from city bus stop, with regular bus service. This area boasts numerous open areas, parks, nature trails, recreation spaces and playgrounds.Walking distance to Albert McCormik Recreation Centre. Easy access to major highways and the LRT. Close to shopping, groceries, health & fitness clubs, restaurants, etc. Priced to sell quickly, this is the chance you've been waiting for! (id:60365)
Property Details
| MLS® Number | X12250530 |
| Property Type | Single Family |
| AmenitiesNearBy | Golf Nearby, Hospital, Place Of Worship, Public Transit |
| EquipmentType | Water Heater |
| Features | In-law Suite |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 6 |
| Age | 51 To 99 Years |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater, Dryer, Furniture, Microwave, Two Stoves, Two Washers, Window Coverings, Two Refrigerators |
| ArchitecturalStyle | Bungalow |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| ConstructionStyleAttachment | Semi-detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FireProtection | Smoke Detectors |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Golf Nearby, Hospital, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 112 Ft |
| SizeFrontage | 35 Ft |
| SizeIrregular | 35 X 112 Ft |
| SizeTotalText | 35 X 112 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom 3 | 2.9 m | 3.89 m | 2.9 m x 3.89 m |
| Basement | Kitchen | Measurements not available | ||
| Basement | Living Room | 4.57 m | 5.64 m | 4.57 m x 5.64 m |
| Basement | Primary Bedroom | 3.99 m | 3.91 m | 3.99 m x 3.91 m |
| Basement | Bedroom 2 | 2.57 m | 2.9 m | 2.57 m x 2.9 m |
| Main Level | Living Room | 5.08 m | 3.63 m | 5.08 m x 3.63 m |
| Main Level | Kitchen | 3.51 m | 2.62 m | 3.51 m x 2.62 m |
| Main Level | Dining Room | Measurements not available | ||
| Main Level | Primary Bedroom | 3.02 m | 4.88 m | 3.02 m x 4.88 m |
| Main Level | Bedroom 2 | 2.59 m | 3.05 m | 2.59 m x 3.05 m |
| Main Level | Bedroom 3 | 2.57 m | 3.28 m | 2.57 m x 3.28 m |
https://www.realtor.ca/real-estate/28532245/163-cedarbrae-avenue-waterloo
David Nolan
Salesperson
171 Lakeshore Rd E #14
Mississauga, Ontario L5G 4T9
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 27 2025 07:58:14
Toronto Real Estate Board
New Era Real Estate
© 2025 Proptech Realty Inc., Brokerage.