26 Penrose Avenue, Waterloo, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $699,900 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
- Generous living space spanning 1500-2000 sqft on a premium 60 x 110 ft lot
- Features a finished 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
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
**OPEN HOUSE: SAT & SUN 2-4 PM** Welcome to 26 Penrose Avenue, Kitchener! This beautiful updated 3-bedroom, 2-bathroom home offers the perfect combination of comfort, style, and location. This is the first time this home has been on the market and you will love the quiet tree-lined street! Freshly painted throughout this move-in-ready home is ideal for first-time buyers, young families, or anyone looking for a home that has been lovingly maintained. Be welcomed by the large covered front porch, a perfect place to sit and enjoy your morning coffee or an evening glass of wine to unwind after a long day. The bright and inviting main floor is filled with natural light thanks to the large front picture window, creating a warm and welcoming space for everyday living and entertaining. Upstairs, you'll find a spacious primary bedroom featuring a large double closet, along with two additional well-sized bedrooms and a full bathroom. The basement has a bathroom rough-in as well as a separate entrance which could provide for endless possibilities. The backyard is a true highlight, backing onto peaceful greenspace with no rear neighbours, offering added privacy and a beautiful natural backdrop to enjoy year-round. Notable updates include garage door (2019) and windows and front door (2010), providing added value and peace of mind. Conveniently located close to parks, schools, shopping, walking trails, and all the amenities Kitchener has to offer, this home is ready for its next chapter. Don't miss your opportunity to own this move-in-ready home in a fantastic family-friendly neighbourhood-book your private showing today!
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Property Summary
This detached home located at 26 Penrose Avenue, Waterloo is currently for sale and has been available on SousaSells for 2 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 26 Penrose Avenue, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 26 Penrose Avenue, Waterloo, ON N2A 1E8
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 $699,900 in Waterloo, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.