229A Cedarbrae Ave
Waterloo, N2L 4S6
FOR SALE
$699,900
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3
BEDROOMS2
BATHROOMS2
KITCHENS9
ROOMSX11991406
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Property Description
Charming & Versatile Brick Bungalow - Endless Possibilities Await! Step into this delightful solid-brick bungalow, perfectly positioned across from an elementary school and park, offering the ideal blend of comfort, convenience, and opportunity. Whether you're a family, investor, or professional, this home is designed to fit your lifestyle. Main Level Highlights: Bright, spacious layout with warm, inviting living spaces. 2 bedrooms plus a flexible dining room easily converted into a 3rd bedroom. Private rear entrance leading to a beautifully fenced, mature yard perfect for entertaining or unwinding. Incredible Potential Below: Separate entrance to the lower level, offering a wealth of possibilities. Previously licensed as a rental, this space includes a kitchen, expansive living area, bedroom, and bathroom Ideal for multi-generational living, a guest suite, or an income-generating unit. With quick access to public transit, universities, highways, and the LRT, this rare gem in a prime location won't last long. Seize this incredible opportunity, don't delay!
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Property Features
Park, Public Transit, School
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Property Details
Street
City
Property Type
Semi-Detached, Bungalow
Lot Size
35' x 99'
Fronting
East
Taxes
$3,016 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 6.20' x 11.84' | |
| Kitchen | Main | 11.06' x 13.35' | |
| Living | Main | 11.52' x 11.71' | |
| Prim Bdrm | Main | 9.74' x 13.19' | |
| Br | Main | 8.99' x 12.83' | |
| Den | Main | 9.28' x 9.35' | |
| Bathroom | Main | 5.09' x 9.74' | |
| Kitchen | Lower | 8.40' x 11.52' | |
| Living | Lower | 11.15' x 24.48' | |
| Br | Lower | 10.96' x 13.29' | |
| Bathroom | Lower | 7.15' x 7.22' | |
| Laundry | Lower | 10.83' x 13.62' |
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Waterloo Market Statistics
Waterloo Price Trend
229A Cedarbrae Ave is a 3-bedroom 2-bathroom home listed for sale at $699,900, which is $103,155 (12.8%) lower than the average sold price of $803,055 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Waterloo increased by $8,055 (1.0%) compared to the previous 30 day period (December 22 - January 20) and up $89,419 (12.5%) from the same time one year ago.Inventory Change
There were 25 3-bedroom homes listed in Waterloo over the last 30 days (January 21 - February 19), which is up 150.0% compared with the previous 30 day period (December 22 - January 20) and up 78.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Waterloo typically sold $45,661 (5.7%) above asking price over the last 30 days (January 21 - February 19), which represents a $70,661 increase compared to the previous 30 day period (December 22 - January 20) and $49,745 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Waterloo over the last 30 days (January 21 - February 19) stood at 72.0%, up from 50.0% over the previous 30 days (December 22 - January 20) and down from 157.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Waterloo stood at 9 days when successfully sold over the last 30 days (January 21 - February 19), compared to 39 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Royal City Realty
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Nestled on a quiet court with an expansive pie-shaped yard, this charming home is perfectly situated near universities and elementary schoolsideal for families, young professionals, or investors alike. The inviting main floor features a bright and spacious living room, complemented by a functional kitchen perfect for preparing everything from quick snacks to full meals. Upstairs, you'll find three generously sized bedrooms and a well-appointed four-piece bathroom. Additional conveniences include onsite laundry and an unfinished basement, offering ample storage or potential for future customization. Outside, enjoy the large yard complete with a patio area and storage shedperfect for outdoor gatherings or relaxing in your private green space. With parking for two cars and a prime location close to key amenities, this home offers comfort, convenience, and a peaceful setting. Come take a tour and see if this is the perfect fit for you!
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