249 Cedarbrae Avenue, Unit 29, Waterloo, ON
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and board & batten construction, this residence presents an exceptional opportunity offered at $399,900 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.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1000-1199 sqft
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Accessory Apartment
- equipped with other central cooling and highly efficient baseboard heating via electric
Description
Welcome to Cedarbrae Ave! This 3 bed 2 bath townhouse condo is ready for you to move in. The main floor holds a living room with large window, eat-in kitchen & in-suite laundry. The 2nd floor holds 2 good sized bedrooms and a 4 pc bathroom. The lower level has a separate entrance that leads to a bachelor apartment which was approved by the city of Waterloo. This bachelor suite is vacant and has very good income potential to help you pay your mortgage. Very close to the University of Waterloo! Some updated condo features include new concrete stairs and ramp to parking lot (2023), parking lot repaved, lighting, drainage around the complex. All patios around the complex will soon be redone - releveled , clean up and sealed. This property is close to great amenities including nature & hiking trails, medical, food & entertainment, grocery, banking, gas & University of Waterloo. You do not want to miss this great chance to acquire this great income helping property.
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Property Summary
This townhouse located at 249 Cedarbrae Avenue, Waterloo is currently for sale and has been available on SousaSells for 676 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 249 Cedarbrae Avenue, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Accessory Apartment
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 249 Cedarbrae Avenue 29, Waterloo, ON N2L 4S8
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 $399,900 in Waterloo, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.