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Waterloo, ON N2L 4S1,163 Cedarbrae AVE
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Waterloo, ON N2L 4S1,163 Cedarbrae AVE
Waterloo, ON N2L 4S1,163 Cedarbrae AVE
Waterloo, ON N2L 4S1,163 Cedarbrae AVE
Waterloo, ON N2L 4S1,163 Cedarbrae AVE
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Christopher Marinakos

Christopher Marinakos

+1(705) 305-9946
$ 799,000
Est. payment /mo
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Active

163 Cedarbrae AVE Waterloo, ON N2L 4S1

6 Beds

2 Baths

UPDATED:

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

Basement Apartment

Kitchen 2

Separate Den/Office 3

Interior

Interior Features In-Law Suite, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Water Heater

Cooling Central Air

Inclusions ELFs, WINDOW COVERINGS, 2 STOVES, 2 FRIDGES, 2 WASHERS, 2 DRYERS, 1 BASEMENT MICROWAVE.FURNITURE FREE OF CHARGE. (OR CAN BE REMOVED)

Exterior

Exterior Feature Privacy

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 35.01

Lot Depth 111.95

Total Parking Spaces 4

Building

Foundation Concrete

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by NEW ERA REAL ESTATE
agent

Christopher Marinakos

Agent

+1(705) 305-9946

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163 Cedarbrae AVE

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