7 Squire Court Waterloo, Ontario - MLS#: X8082460

$2,899,900

Discover the opportunity to create your ideal home on a spacious 5-acre lot, nestled in a peaceful court in Waterloo. This property is not just vast but offers the unique potential for possible severance. This opens the door to dividing the land, giving you the option to build an additional residence or sell a portion as a separate lot. With an in-ground pool and tennis court, this one-owner home is perfect for those looking to blend work and home life or accommodate extended family. The lot measures 275x634.7x430x634.64, providing ample space for any project you envision. Whether expanding the existing structure or embarking on new construction, the possibilities are vast. The property is already set up for a luxurious lifestyle or multi-generational living, with potential to transform a substantial area into a master suite complete with a sitting room, ensuite, and provisions for a fireplace. Alternatively, it could become a game room or extra in-law suite. Seize this chance to own a significant, private piece of Waterloo, where you can bring your dream home-or-homes-to life. **** EXTRAS **** Air Exchanger, Auto Garage Door Remote(s), Built-In Appliances, Central Vacuum, Countertop Range, On Demand Water Heater, Water Heater Owned, Other (id:51158)

For Sale: Magnificent 5-acre Property in Waterloo

Discover the endless possibilities of this expansive 5-acre property located in a serene court in Waterloo. MLS# X8082460 offers a rare opportunity to own a piece of land with the potential for severance, fitting the city’s frontage requirements. Whether you are looking to create two distinct lots or craft a dream residence, this property provides the canvas for your vision to come to life.

Key Features:

1. Expansive Lot Size

The property spans an impressive 275×634.7x430x634.64, offering ample space for various projects, from creating additional residences to building recreational amenities. The vast land provides the flexibility to design and develop your dream property according to your imagination.

2. Luxurious Amenities

Equipped with an inground pool, tennis court, and a spacious hot tub room, this property boasts an array of luxurious amenities for relaxation and entertainment. Ideal for individuals seeking a perfect balance between work and home, or families looking to enjoy quality time together in a peaceful setting.

3. Potential for Multigenerational Living

With the option to transform existing spaces into a master suite complete with a sitting room, ensuite, and provisions for a fireplace, this property caters to those considering multigenerational living arrangements. The setup allows for enhanced privacy and comfort for extended family members or guests.

4. Opportunity for Severance

The real value of this property lies in its potential for severance, enabling the creation of two distinct lots. By adhering to the city’s requirements for water supply connection and obtaining a minor variance for septic systems installation, you can enhance the property’s value and versatility.

5. High-End Appliances and Utilities

Enjoy the convenience of premium features such as an air exchanger, auto garage door remote(s), built-in appliances, central vacuum, countertop range, generator-full, on-demand water heater, and water heater owned. These high-end appliances and utilities add a touch of luxury and efficiency to your living experience.

Questions and Answers:

Q: Is the property suitable for building an additional residence?

A: Yes, the property meets the city’s frontage requirements for severance, allowing you to potentially create two separate lots for residential development.

Q: What amenities are included on the property?

A: The property features an inground pool, tennis court, and a spacious hot tub room, offering a range of recreational options for relaxation and entertainment.

Q: Can the existing spaces be transformed for multigenerational living?

A: Absolutely. With provisions for a master suite, sitting room, and ensuite, the property provides the ideal setup for multigenerational living arrangements.

Q: What steps are required for the severance process?

A: To proceed with severance, you will need to connect to the city’s water supply and apply for a minor variance to install septic systems, enhancing the value and flexibility of your investment.

Q: What premium features are included with the property?

A: The property is equipped with an air exchanger, auto garage door remote(s), built-in appliances, central vacuum, countertop range, generator-full, on-demand water heater, and water heater owned, offering a blend of luxury and functionality.

Experience the allure of this remarkable property in Waterloo, where endless possibilities await for your dream home or investment opportunity. Don’t miss the chance to own a piece of paradise amidst the tranquil surroundings of this 5-acre estate.

⚡⚡⚡ Disclaimer: While we strive to provide accurate information, it is essential that you to verify all details, measurements, and features before making any decisions.⚡⚡⚡
📞📞📞Please Call me with ANY Questions, 416-477-2620📞📞📞

Property Details

MLS® Number	X8082460
Property Type	Single Family
Features	Lane
Parking Space Total	12
Pool Type	Indoor Pool

About 7 Squire Court, Waterloo, Ontario

Building

Bathroom Total	4
Bedrooms Above Ground	3
Bedrooms Below Ground	1
Bedrooms Total	4
Appliances	Dishwasher, Dryer, Garage Door Opener, Oven, Range, Refrigerator, Stove, Washer, Window Coverings
Basement Development	Finished
Basement Features	Walk Out
Basement Type	Full (finished)
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Concrete, Brick
Fireplace Present	Yes
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Type	House

Parking

Attached Garage

Land

Acreage	No
Sewer	Septic System
Size Irregular	275 X 636 Ft
Size Total Text	275 X 636 Ft

https://www.realtor.ca/real-estate/26536044/7-squire-court-waterloo