120 Lorraine Avenue, Waterloo, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $685,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 55 x 110 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautiful bungalow with ensuite and attached garage! This well-maintained 3 bed, 3 bath home offers a bright, open-concept layout with hardwood floors and a functional kitchen with backsplash, corian countertops and appliances included which flows seamlessly into the sun-filled dining and living areas. A generous primary suite with a luxurious ensuite boasting a walk-in shower, double sinks and even a fireplace. A second bedroom with a built-in Murphy bed (included), a 4-piece bath, and convenient main floor laundry complete the main level. The finished lower level adds great additional living space with a games room (pool table included), a cozy rec room with built-in gas fireplace, a third bedroom, and a full bathroom as well as storage and utility rooms. Step outside and enjoy a private backyard with patio, plus an attached garage with workshop space. Additional highlights include a steel roof, no rented equipment, and a fantastic location close to all amenities in a desirable neighbourhood. A move-in ready home you won't want to miss.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater Owned
Security Features
Community Features
Location
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 120 Lorraine Avenue, Waterloo, ON N2B 2N2
Based on 0 recent similar sales in the pocket.
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 $685,000 in Waterloo, the legal minimum down payment is $43,500 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 $10,175 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 $10,175.
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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.