59 Laurel Street, Waterloo, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $589,900 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 33.89 x 93.26 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A charming home tucked in the heart of Waterloo, where vibrant Uptown energy meets quiet, family-friendly comfort. This rare, grandfathered, 5bedroom licensed gem is more than just a house, it's a canvas for your next chapter, whether you're raising a family, investing in a thriving student rental market, or seeking a flexible space to make your own. Three bright bedrooms upstairs share a full bathroom, while a spacious main-floor bedroom and another in the basement (with its own full bath) offer endless possibilities. Need a home office? A guest suite? A student rental? Convert into bigger single family home? This layout adapts to you. Outside, a good-sized backyard invites summer barbecues, playtime, or simply soaking in the fresh air. And the location? Unbeatable. Just steps from Weber and King Street, you're a quick 10-minute ride to the University of Waterloo or Laurier via public transit. Uptown's restaurants, shops, and nightlife are practically your neighbours, with grocery stores and daily conveniences right around the corner. Ready for move-in, this home comes empty on closing, giving you a blank slate to create your vision-whether it's a forever home or a smart investment near top universities. Don't let this one pass you by. Your Waterloo story starts here.
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Property Summary
This detached home located at 59 Laurel Street, Waterloo is currently for sale and has been available on SousaSells for 186 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 59 Laurel Street, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 59 Laurel Street, Waterloo, ON N2J 2H3
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 $589,900 in Waterloo, the legal minimum down payment is $33,990 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 $8,273 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 $8,273.
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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.