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249 CEDARBRAE Avenue Unit# 1, Waterloo — listed at $374,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Wonderful Property in Desirable Waterloo Location with a rental license for 5!!!! Great Investment opportunity! The carpet-free house is on a quiet street, a short walk to the Universities, Shopping stores, and bus routes (bus line 9 just at the corner). 3 Bedrooms on the second floor and two bedrooms in the basement, each bedroom is spacious. The Living Room is Sunny - very bright, and has a hardwood floor. The Kitchen is wide open, has Abundance Cabinets, the common areas are airy, with good-sized windows, and the whole house has a good layout and is well-maintained. Two full baths - one on the second floor, one in the basement. Beautiful front yard, 1 parking spot included at the back of the unit. Updates include a new kitchen with Quartz Countertops (2021), a new bathroom with Quartz Countertops on the 2nd floor (Dec 2024), a Hot Water Heater (2025), and new painting in the basement (2026. Walking Distance To University Of Waterloo! A MUST-SEE house. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | — |
| Laundry room | Basement | — |
| 3pc Bathroom | Basement | — |
| Bedroom | Basement | 9'8'' x 10'10'' |
| Bedroom | Basement | 9'8'' x 10'10'' |
| Bedroom | Second level | 9'0'' x 11'2'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 8'7'' x 12'0'' |
| Primary Bedroom | Second level | 9'7'' x 15'0'' |
| Kitchen | Main level | 9'5'' x 19'0'' |
| Living room | Main level | 9'0'' x 19'4'' |
Is 249 CEDARBRAE Avenue Unit# 1 a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms (1043 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 1 space — Open.
How is the space laid out across floors?+
This is a 2-storey single family. The 5 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
This home was built in 1977 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
How is the home heated? Is it efficient?+
Heating is baseboard heaters, electric. Electric heating can mean higher winter bills — ask for past utility statements.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,498.91, a condo/maintenance fee of $493.47/mo, heating is baseboard heaters, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
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