42 Central Street, Waterloo, ON

$899,900
MLS#:X11940142
6 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] duplex located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 60.15 x 99.52 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Accessory Apartment, Carpet Free
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

**SOLD FIRM. Awaiting Depost. ** Welcome to 42 Central Street! This charming property offers over 2,200 finished square feet across two levels, featuring modern updates and a flexible layout. Recent updates include a new, stylish main unit kitchen, complete with a generous amount of contemporary white cabinetry, a completely renovated lower level three piece bathroom, four newly installed front windows as well as some newer flooring. The daylight basement boasts heat ducts in the floors, enhancing comfort throughout. Abundance of parking with long, double wide driveway. Nestled in the prestigious Albert-MacGregor Conservation District, this home is a perfect example of "Ranch-style architecture in sleek modern white brick"a must-see for architectural enthusiasts. The current layout consists of two, separate, three bedroom units legally duplexed by building permit in 2001. Each unit has a recently approved rental license. Note new washing machine and new fridge. With its unbeatable location just steps from Uptown Waterloo, mere seconds from Waterloo Park, and walking distance to Wilfrid Laurier University (WLU) and the University of Waterloo (UW), this home offers unparalleled convenience. You will also find an abundance of shops, restaurants, and bars nearby, making it ideal for those who enjoy urban city living. This property checks all the boxes for a variety of buyers: first-time homeowners looking for a mortgage helper, university or tech employees who want to live close to work, parents searching for a prime location for their university-bound children, or investors seeking a strong rental opportunity in one of Ontario's most desirable markets. Available for May closing! Don't miss out on this incredible opportunityschedule a private showing today!

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Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 3, 2025
Sold price information is available to members only
Listed Date1/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick
Lot Size60.15 × 99.52 Feet
CountyWaterloo
Annual Tax$5,484
Legal DescriptionPT LT 1 BLK A PL 514 CITY OF WATERLOO; PT LT 93 SUBDIVISION OF LT 14 GERMAN COMPANY TRACT CITY OF WATERLOO AS IN 834714; WATERLOO

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Public Transit, Arts Centre, Place Of Worship, School, Rec./Commun.Centre, Library

Community Features

Location

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42 Central Street, Waterloo, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 Central Street, Waterloo, ON N2L 3A6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$719,920
Monthly Mortgage$4,183
Property Tax (Est.)$457
Utilities & Maint.$350
Total Monthly Cost$4,990

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Waterloo.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$782,891

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Kitchener Waterloo
Public787 King Street West, K-W Hospital, Kitchener, Ontario, N2G 1E3
7.4
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.