45 Princess Street, Waterloo, ON

$815,000
MLS#:X9414046
1 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] duplex located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $815,000 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.

  • 1 Bedroom and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 42.91 x 100.16 ft lot
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Water Meter
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Uber Cool, Live-Work space located in the Heart of Uptown Waterloo! Located within walking distance to all amenities that make Waterloo great! 45 Princess features 889 square feet of modernized main floor office space combining with a newly renovated, one bedroom apartment. Note the details: exposed naked brick accent walls on main floor, pot lighting, oversized baseboards, abundance of white oak hard wood flooring throughout, tile carpet, new windows, uncommon light fixtures. The building experienced a to the stud renovations and it shows. Thousands of dollars spent on interior improvements to create a very, very desirable environment. Main floor has a great flow with two offices, a central meeting room, two piece bath and kitchenette. This could be ideal, inspirational first impression for financial planner, lawyer, retail, business incubator, personal service shop, tech office, entruprenuer that seeks mortgage helper +++ City may accept conversion of main floor office back to residential as a legal non-conforming use (building permits required). The property's zoning may open doors to future development opportunities when combined with adjacent properties. The second level apartment boasts AirBNB level finish. Additional, quality space is available in the lowered, partially finished basement which has a bathroom rough in. Have I mentioned parking? Parking in Uptown Waterloo is very limited yet this spot has four independent parking spots at the back plus a couple more on the driveway. And additional street parking out front! Current tenants on month to month basis. Situated steps to Waterloo Public Square/Willis Way LRT stations (about 200 meters), a couple of blocks from the Iron Horse Trail, an easy walk to City Hall, the Shops at Waterloo Town Square, cafes, theaters and night life. Walking distance to Laurier. E-scooter/LRT to University of Waterloo. Dont be fooled by the understated exterior. This is not a drive by. Alert: Wow factor. This is a Must See.

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Key Features

Bedrooms
1
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 27, 2025
Sold price information is available to members only
Listed Date10/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick
Lot Size42.91 × 100.16 Feet
CountyWaterloo
Annual Tax$8,502.13
Legal DescriptionPT LT 5 PL 502 CITY OF WATERLOO AS IN 916348 ; WATERLOO

Parking & Garage

Parking Spaces6.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Public Transit, Library, Park, Arts Centre

Community Features

Location

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45 Princess Street, Waterloo, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Waterloo.

Verified Local Data
Population575,847
Median Age38 Yrs
Ownership65% Owners
Avg Area List Price$716,869

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

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

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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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 45 Princess Street E, Waterloo, ON N2J 2H6

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.

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Financial Audit

Estimated Costs

Loan Amount$652,000
Monthly Mortgage$3,788
Property Tax (Est.)$709
Utilities & Maint.$350
Total Monthly Cost$4,847

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.

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.