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409 TEALBY CRESCENT, Waterloo — listed at $1,045,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
409 Tealby Crescent is a refined, turn-key detached home in Waterloo, originally built as the builder's model and thoughtfully designed for both everyday living and long-term value. The home offers four well-proportioned bedrooms on the second floor, complemented by a fully finished basement suite with a separate entrance, fifth bedroom, and full living quarters. In total, the property provides 1,833 square feet above grade (MPAC) plus approximately 915 square feet of finished basement space. Some of the features in this home include a large 4th bedroom addition with vaulted ceilings and a gas fireplace, a cozy study space, an open concept living space and a fully finished basement suite that is fully self-contained with its own kitchen, bathroom, laundry, bedroom, and living area, offering excellent flexibility for multi-generational living or rental income. Whether you choose to enjoy the entire home or offset ownership costs by leasing the basement, this property delivers versatility without compromise. As an investor, you can even lease the top and bottom floors separately for ultimate cashflow. The basement suite is currently tenanted on a month-to-month basis. 409 Tealby Crescent is conveniently located near public transit, Conestoga Parkway, Conestoga Mall, the University of Waterloo (7-minute drive), essential amenities such as restaurants, grocery stores, banks and Home Depot and more. Make 409 Tealby Crescent yours! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Ground level | 5.73 x 3.04 meters |
| Eating area | Ground level | 3.68 x 2.72 meters |
| Kitchen | Ground level | 3.68 x 3.05 meters |
| Primary Bedroom | Second level | 4.58 x 3.61 meters |
| Bedroom 2 | Second level | 3.36 x 2.76 meters |
| Bedroom 3 | Second level | 3.37 x 2.75 meters |
| Bedroom 4 | Second level | 4.4 x 3.6 meters |
| Study | Second level | 3.6 x 2.7 meters |
| Bedroom 5 | Basement | 4.45 x 3.27 meters |
| Living room | Basement | 7.13 x 3.17 meters |
How is the space laid out across floors?+
This is a 2-storey single family. The 5 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,603, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 5 spaces — Garage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Waterloo before counting on it.
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