290 Lincoln Road, Waterloo, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $699,990 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.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 84.48 x 127.92 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This conveniently located property is across the street from grocery stores, fast food outlets, banks, and more. Its next door to an elementary school and just down the road from a high school. Only a 5-10 minute drive from Conestoga College, University of Waterloo, and Wilfrid Laurier University, this home is perfect for students. Plus, with a bus stop at the door, having no car is no problem cThe home features 3 bedrooms upstairs and 3 bedrooms downstairs, offering ample living space and versatility. The spacious backyard is ideal for outdoor activities and gatherings. This property is perfect for investors looking to rent out rooms to students or anyone seeking an additional source of income from the basement. Offering over 2000sqft of living space, this property has seen numerous updates over the years, including a new HVAC and A/C in 2024, kitchen and bathroom renovation in 2023, freshly painted and new flooring all done in 2023 and much more. Don't miss out on this fantastic opportunity in a central and highly sought-after location! Previously rented $5000/month. Basement is ready to be converted to legal unit.
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Property Summary
This detached home located at 290 Lincoln Road, Waterloo is currently for sale and has been available on SousaSells for 762 days. This property is listed at $699,990 with an estimated mortgage of $2,330* per month. It has 6 beds, 2 bathrooms, and is unknown square feet. 290 Lincoln Road, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property Details
Parking & Garage
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Features
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Primary Bedroom - Main Floor
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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 290 Lincoln Road, Waterloo, ON N2J 2P5
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 $699,990 in Waterloo, the legal minimum down payment is $44,999 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 $10,475 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 $10,475.
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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.