559 Sprucehill Avenue, Waterloo, ON
Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium other and brick veneer construction, this residence presents an exceptional opportunity offered at $639,000 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 40.06 x 124.46 ft lot
- Features a half, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient carport configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this 3-bedroom, 1-bathroom backsplit nestled on a spacious 40 ft x 125 ft lot, shaded by mature trees. Located in a well-established, family-friendly neighborhood, this home is an excellent opportunity for first-time buyers or anyone looking to enter the market. With solid bones and great curb appeal, this property is full of potential. The generous lot size offers the perfect opportunity to expand the homes footprint in the future. Plus, the wide side yard provides ample space to enclose the existing carport and convert it into a full double garage adding function, value, and convenience. Whether you're ready to roll up your sleeves and personalize your first home or you're looking for a smart investment in a desirable area, this is your chance to create something special. Make this amazing home your own and bring your vision to life! OFFER WELCOME ANYTIME.
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Property Summary
This detached home located at 559 Sprucehill Avenue, Waterloo is currently for sale and has been available on SousaSells for 417 days. This property is listed at $639,000 with an estimated mortgage of $2,127* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 559 Sprucehill Avenue, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 559 Sprucehill Avenue, Waterloo, ON N2L 4V8
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 $639,000 in Waterloo, the legal minimum down payment is $38,900 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 $9,255 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 $9,255.
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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.