508 Kelso Place, Waterloo, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,499,000 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.
- 5 Bedrooms and 6 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 31.56 x 175.03 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Central Vacuum, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Forever Home With In-Law/Income Potential-Welcome to 508 Kelso Place, a rare & incredibly versatile side-by-side legal duplex tucked into a quiet court in Waterloos sought-after Conservation Meadows. Set on a premium -acre lot in a park-like setting w/ a 175 deep backyard oasis & inground pool, this beautifully updated home offers 4,600+ SF of living space, parking for 6, & the flexibility to live, earn, or share. The main home features 3 bedrms & 4 bathrms, beginning w/ a sunken entry that leads to a show-stopping great rm w/ soaring ceilings, floor-to-ceiling windows, & a striking gas fireplace. The chefs kitchen is equally impressive, w/ oversized island, premium appliances, integrated dining area, & direct access to the backyard. A 2-pce bath completes the main. Upstairs, youll find a spacious primary suite w/ WI closet & tiled glass shower ensuite, plus 2 additional bedrms, a 4-pce bath, & a bright loft-style media/den space. The finished basement includes a large rec rm, 2-pce bath (w/ shower rough-in), & shared laundry. The attached 2-bedrm bungalow suite-complete w/ its own private entrance-is perfect for an in-law, nanny, garden suite, or potential income-generating rental. It offers an open-concept living rm, updated kitchen w/ island & integrated dining area, walkout to a private deck w/ gazebo, a main floor primary suite w/ WI closet & updated 4-pce ensuite, plus a finished basement w/ a large rec rm w/ gas fireplace, 4-pce bath, & additional bedrm. Loaded w/ updates throughout-pot lights, designer light fixtures, luxury vinyl flooring, & morethis home is turnkey & ready for whatever your needs may be. Whether you're seeking multi-generational living, mortgage-offset income, a private guest suite, or short-term rental potential, this home delivers the ultimate in flexibility & value. Ideally located just steps from trails, parks, & Laurel Creek, & only minutes to St. Jacobs Market, Costco, & HWY access, & more! Don't miss out, this home won't last!
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Property Summary
This duplex located at 508 Kelso Place, Waterloo is currently for sale and has been available on SousaSells for 417 days. This property is listed at $1,499,000 with an estimated mortgage of $4,990* per month. It has 5 beds, 6 bathrooms, and is 2500-3000 square feet. 508 Kelso Place, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Greenbelt/Conservation, Park, School, Rec./Commun.Centre, Public Transit, Wooded/Treed
Interior Features
Auto Garage Door Remote, Central Vacuum, In-Law Suite, Water Softener
Security Features
Community Features
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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 508 Kelso Place, Waterloo, ON N2V 2S1
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 $1,499,000 in Waterloo, the legal minimum down payment is $299,800 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 $26,455 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 $26,455.
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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.