194 Cedarbrae Avenue Waterloo, Ontario N2L 4S5
$799,999
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! (id:61852)
Open House
This property has open houses!
2:00 pm
Ends at:4:00 pm
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Ends at:4:00 pm
Property Details
| MLS® Number | X12155430 |
| Property Type | Single Family |
| Neigbourhood | Lakeshore Village |
| Features | Guest Suite, Atrium/sunroom |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Central Vacuum, Range, Water Heater, Water Meter, Dryer, Two Stoves, Two Washers, Two Refrigerators |
| ArchitecturalStyle | Raised Bungalow |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance, Walk Out |
| BasementType | N/a (finished) |
| CeilingType | Suspended Ceiling |
| ConstructionStatus | Insulation Upgraded |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning, Ventilation System |
| ExteriorFinish | Brick, Concrete |
| FireplacePresent | Yes |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 125 Ft |
| SizeFrontage | 52 Ft |
| SizeIrregular | 52 X 125 Ft |
| SizeTotalText | 52 X 125 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Kitchen | 3 m | 2.7 m | 3 m x 2.7 m |
| Lower Level | Bathroom | 1.2 m | 3 m | 1.2 m x 3 m |
| Lower Level | Bedroom 4 | 3.3 m | 3 m | 3.3 m x 3 m |
| Lower Level | Bedroom 5 | 3 m | 3 m | 3 m x 3 m |
| Lower Level | Bedroom | 3 m | 2.7 m | 3 m x 2.7 m |
| Upper Level | Bedroom | 4 m | 3 m | 4 m x 3 m |
| Upper Level | Foyer | 2 m | 3 m | 2 m x 3 m |
| Upper Level | Bedroom 2 | 3.7 m | 3 m | 3.7 m x 3 m |
| Upper Level | Bedroom 3 | 2.2 m | 2.7 m | 2.2 m x 2.7 m |
| Upper Level | Living Room | 3.4 m | 3.5 m | 3.4 m x 3.5 m |
| Upper Level | Dining Room | 2.8 m | 3.7 m | 2.8 m x 3.7 m |
| Upper Level | Kitchen | 3.5 m | 3.5 m | 3.5 m x 3.5 m |
| Upper Level | Bathroom | 2.4 m | 2.5 m | 2.4 m x 2.5 m |
Utilities
| Cable | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28327892/194-cedarbrae-avenue-waterloo
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Vy Nguyen
Salesperson
201-30 Eglinton Ave West
Mississauga, Ontario L5R 3E7
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May 16 2025 11:23:59
Toronto Real Estate Board
Royal LePage Signature Realty
