Attention Homeowners and Investors! Rare opportunity to own this beautifully 3+3 bedrooms home with significant income potential. This stunning home sits on a huge 52x125 ft lot where your family can live in one unit and rent out the other separate unit to offset your mortgage. The fully finished walk-out basement with a separate entrance and above-grade windows offers excellent additional income potential with its own kitchen, bathroom and laundry room. 10 min bus ride to University of Waterloo, flexibility to use as a high-income student rental generating significant positive cash flow. Conveniently located, you'll find yourself close to shopping, schools, parks, LRT, and public transit. With easy access to highways, community centers, conservation areas, and prestigious universities, this home perfectly balances suburban tranquility with urban convenience. Digitally staged for illustration purposes only. Perfect for a variety of buyers: first-time homeowners seeking a large lot, parents looking for a prime location and a meticulously maintained home for their university-bound children, or investors targeting a strong rental market with future development opportunity - this property checks all the boxes. Whether you are an investor seeking high cash flow or a homeowner looking for a mortgage helper, this property is a must-see! Don't miss your chance to own this impeccable home. Schedule your showing today and make your homeownership dreams a reality! (id:4069)
Address
194 CEDARBRAE AVENUE
List Price
$799,999
Property Type
Single Family
Type of Dwelling
House
Style of Home
Raised bungalow
Area
Ontario
Sub-Area
Waterloo
Bedrooms
6
Bathrooms
2
Floor Area
11,001,500 Sq. Ft.
Lot Size
52 x 125 FT Sq. Ft.
MLS® Number
X12155430
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement Area
N/A (Finished)
Postal Code
N2L4S5
Features
Guest Suite, Atrium/Sunroom
Amenities
Separate Electricity Meters
