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250 KEATS Way Unit# 6, Waterloo — listed at $425,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
PRIME UNIVERSITY INVESTMENT OPPORTUNITY WITH WALKOUT BASEMENT Exceptional 3-bedroom townhome with garage in the highly soughtafter Keats Way complex, perfectly positioned just minutes from the University of Waterloo and Wilfrid Laurier University. This well-maintained property offers a highly desirable layout with 3 bedrooms on the upper level, a finished walkout basement with a full bathroom, and a total of 2.5 bathrooms, creating outstanding flexibility for both investors and end users. Featuring hardwood flooring, a newly renovated upper-level bathroom, and bright, functional living spaces, this home is built for both comfort and long-term durability. The walkout basement adds valuable living space and significantly enhances rental potential. This property delivers positive cash flow when fully occupied, making it a true turn-key investment in one of Waterloo's most reliable and high-demand rental markets. The inclusion of a private garage and additional parking further strengthens tenant appeal and long-term value. Located close to transit, restaurants, shopping, parks, and major commuter routes, this is a rare opportunity to secure a high-performing income property in a proven university corridor. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 12'5'' x 20'0'' |
| Laundry room | Basement | — |
| 3pc Bathroom | Basement | — |
| Bedroom | Basement | 12'0'' x 18'0'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 9'0'' x 10'0'' |
| Bedroom | Second level | 9'0'' x 12'0'' |
| Primary Bedroom | Second level | 12'0'' x 16'0'' |
| 2pc Bathroom | Main level | — |
| Kitchen | Main level | 9'0'' x 12'0'' |
| Dining room | Main level | 9'0'' x 15'0'' |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,268, a condo/maintenance fee of $720/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What's the parking situation?+
This property includes 2 spaces — Attached Garage, Visitor Parking.
What do the condo/maintenance fees cover?+
The $720/mo fee covers: Landscaping, Property Management, Insurance, Parking.
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.
Is 250 KEATS Way Unit# 6 a good fit for a growing family?+
With 4 bedrooms and 3 bathrooms (1912 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
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