Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $675,000 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.
Presenting 85 Ellis Crescent South, a sweet Waterloo home that offers the perfect blend of cozy living and incredible flexibility. This charming residence, set on a prime, sought-after crescent, seamlessly blends family function with investment opportunity. The bright, open-concept main floor features hardwood floors and a well-appointed kitchen, complete with ample cabinetry and a breakfast bar, perfect for the everyday cook. Stepping outside, the transition is effortless to the large entertaining deck, shaded by a pergola, providing a true outdoor oasis ideal for al fresco dining and relaxation. The lower level offers the ultimate flexibility, situated as a spacious separate living quarter featuring its own full second kitchen, large rec room, private entrance, large bedroom, and bathroom, making it a fully self-contained unit ready for multi-generational living or valuable rental income. Complete with an oversized double garage and a large driveway, this home delivers personality, flexibility, and a coveted location, making it the ultimate turnkey investment or retreat in a prime community.
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This detached home located at 85 Ellis Crescent, Waterloo is currently for sale and has been available on SousaSells for 286 days. This property is listed at $675,000 with an estimated mortgage of $2,247* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 85 Ellis Crescent, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Carpet Free, In-Law Capability
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 85 Ellis Crescent S, Waterloo, ON N2J 2B8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.
About Purchasing a Home in Waterloo, ON
For a property listed at $675,000 in Waterloo, the legal minimum down payment is $42,500 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 $9,975 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 $9,975.
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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.