Allan-John Boulanger

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163 CEDARBRAE AVENUE, Waterloo, Ontario

$799,000

6 Beds
2 Baths

Beautifully renovated semi-detached home close to the University! Fantastic investment property with a substantial rental income that has positive cash flow potential. This gorgeous home has TWO separate THREE BEDROOM apartments: Main floor and Basement, with current City of Waterloo Rental Permits. 2 kitchens, 2 laundry rooms, separate entrance to basement. Private driveway parking for 4 cars and fenced private backyard. All furniture available - free of charge! This property is ideal for renting to students or working professionals with an easy commute to the University of Waterloo, Wilfred Laurier and Conestoga college. With 6 bedrooms, it is easy to rent for $4000+/month, with positive cash flow and has low taxes. Recent upgrades include:new Furnace2025, New Driveway paving 2025, Leaf Guard 2025, Energy efficient new windows 2024. An Ideal home for first time home buyers, retirees or investors ready for an immediate income! The Cedarbrae community is a very desirable neighbourhood in Waterloo for Young Professionals, Families, Retirees and Students. Located steps from city bus stop, with regular bus service. This area boasts numerous open areas, parks, nature trails, recreation spaces and playgrounds.Walking distance to Albert McCormik Recreation Centre. Easy access to major highways and the LRT. Close to shopping, groceries, health & fitness clubs, restaurants, etc. Priced to sell quickly, this is the chance you've been waiting for! (id:23309)

Listing ID: X12250530
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom 3	Basement	2.9 m x 3.89 m
Kitchen	Basement	Measurements not available
Living room	Basement	4.57 m x 5.64 m
Primary Bedroom	Basement	3.99 m x 3.91 m
Bedroom 2	Basement	2.57 m x 2.9 m
Living room	Main level	5.08 m x 3.63 m
Kitchen	Main level	3.51 m x 2.62 m
Dining room	Main level	Measurements not available
Primary Bedroom	Main level	3.02 m x 4.88 m
Bedroom 2	Main level	2.59 m x 3.05 m
Bedroom 3	Main level	2.57 m x 3.28 m

Details

Architectural Style: Bungalow
Amenities Nearby: Golf Nearby, Hospital, Place of Worship, Public Transit
Equipment: Water Heater
Features: In-Law Suite
Ownership: Freehold
Parking Spaces: 4
Rental Equipment: Water Heater
Transaction: For sale

Building

Amenities: Separate Heating Controls, Separate Electricity Meters
Appliances: Water Heater, Dryer, Furniture, Microwave, Two stoves, Two Washers, Window Coverings, Two Refrigerators
Architectural Style: Bungalow
BasementType: N/A
Basement Features: Apartment in basement
Bedrooms Main Level: 3
Bedrooms Lower Level: 3
Construction Style Attachment: Semi-detached
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Fire Protection: Smoke Detectors
Foundation: Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 700 - 1100 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Amenities: Golf Nearby, Hospital, Place of Worship, Public Transit
Fence: Fenced yard
Sewer: Sanitary sewer
Size Frontage: 35 ft
Size Irregular: 35 x 112 FT

Listing provided by NEW ERA REAL ESTATE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 163 CEDARBRAE AVENUE in Waterloo Ontario. It was last modified on June 28th, 2025. Contact Allan-John Boulanger to schedule a viewing or to discover other Waterloo real estate for sale.

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