163 Cedarbrae AVE new Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2L 4S1
Key Details
Property Type Multi-Family
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
MLS Listing ID X12250530
Style Bungalow
Bedrooms 6
Building Age 51-99
Annual Tax Amount $3,550
Tax Year 2025
Property Sub-Type Semi-Detached
Property Description
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!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Kitchen 2
Interior
Cooling Central Air
Exterior
Exterior Feature Privacy
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete