602 Highpoint Avenue, Waterloo, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 60 x 100 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: In-Law Capability, Water Heater
- Efficient forced air heating via gas
Description
OPPORTUNITY KNOCKS IN LAKESHORE ! Welcome to 602 Highpoint Avenue, a rock-solid, all-brick raised bungalow nestled in one of Waterloo's most desirable family neighborhoods. Offered as a clean "blank canvas" ready for its next chapter.The main floor features an exceptionally bright, expansive living room with a massive front bay window, a formal dining area, a functional kitchen with a rear walkout, three bedrooms, and a full 4-piece bathroom. Distinct from conventional raised bungalows, the low-profile design features a highly accessible entry with just a single step into the home.The fully finished lower level massively expands your living space, showcasing a huge family room anchored by a rustic brick feature wall and a cozy wood-burning stove. This level also includes a spacious fourth bedroom, a powder room, a dedicated laundry area, and a separate workshop/utility space with abundant storage.Step outside to your private wood deck overlooking a wide, beautifully landscaped, fully fenced yard framed by a pristine cedar hedge and mature fruit trees. Additional features include a deep asphalt driveway and vinyl windows (approximately 10 years old). Walk to top-rated schools, parks, and local amenities. Unlock this home's massive potential today!
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Pricing & Value Insights
Data-driven valuation for 602 Highpoint Avenue, Waterloo, ON N2L 4N1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $499,900 in Waterloo, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.
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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.