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:38551)
Features
- In-law Suite
Location
Details
163 Cedarbrae Avenue, , Waterloo
-
Land
35 x 112 FT -
Bedrooms
Above Grade: 3 Below Grade: 3
6 -
Bathrooms
2 -
Parking
No Garage
4
Rooms
163 Cedarbrae Avenue, , Waterloo
-
Bedroom 3
basement
2.9 m x 3.89 m -
Kitchen
basement
Measurements not available -
Living Room
basement
4.57 m x 5.64 m -
Primary Bedroom
basement
3.99 m x 3.91 m -
Bedroom 2
basement
2.57 m x 2.9 m -
Living Room
main level
5.08 m x 3.63 m -
Kitchen
main level
3.51 m x 2.62 m -
Dining Room
main level
Measurements not available -
Primary Bedroom
main level
3.02 m x 4.88 m -
Bedroom 2
main level
2.59 m x 3.05 m -
Bedroom 3
main level
2.57 m x 3.28 m
Green Hedge Realty Inc., Brokerage
Green Hedge Realty Inc., Brokerage is a full-service real estate brokerage offering traditional MLS® REALTOR® representation services at reduced commission rates.
Buyers receive approximately 1.5% cash back after closing, depending on what REALTOR® cooperating commission is offered by the seller. Sellers pay 1% one percent plus the commission they choose to offer to the co-operating REALTOR® representing the buyer.
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