25A Amos Ave
Waterloo, N2L 2W6
FOR SALE
$499,000
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4 + 2
BEDROOMS5
BATHROOMS1 + 1
KITCHENS12 + 4
ROOMSX8469628
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Property Description
An amazing opportunity to purchase a lot at prime location approved to build a legal duplex with two units, each boasting highest rental potential. This Lot offers flexibility to construct a custom home near prestigious University of Waterloo, tailored to your exact preferences & needs. It is an ideal investment for rental purposes, situated in a vibrant community close to all essential amenities, including schools, shopping centers, parks, and public transportation. Additionally, Unit 25A is also available, allowing rare chance to build Two Duplexes side by side. This combined opportunity increases potential to develop a Total of Four units, with each lot accommodating a spacious 4+2 bedroom layout. Whether you're an investor looking for a lucrative rental property or a homeowner aiming to design your dream home, this location provides perfect setting. Don't miss out on this exceptional opportunity to capitalize on a high-demand area with strong rental return. Just a Lot, Only Walk around.
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Extras
Enjoy all the nearby amenities such as shopping, restaurants, public transit routes, and proximity to University of Waterloo, Google Amazon Don't miss your chance to call this beautiful property home!
Property Features
Park, School, School Bus Route
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2500-3000
Lot Size
38' x 111'
Fronting
West
Taxes
$2,291 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Waterloo Market Statistics
Waterloo Price Trend
25A Amos Ave is a 4-bedroom 5-bathroom home listed for sale at $499,000, which is $531,000 (51.6%) lower than the average sold price of $1,030,000 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 4 bedroom home in Waterloo increased by $35,635 (3.6%) compared to the previous 30 day period (September 24 - October 23) and up $4,500 (0.4%) from the same time one year ago.Inventory Change
There were 12 4-bedroom homes listed in Waterloo over the last 30 days (October 24 - November 22), which is down 14.3% compared with the previous 30 day period (September 24 - October 23) and up 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Waterloo typically sold ($19,000) (1.8%) below asking price over the last 30 days (October 24 - November 22), which represents a $21,388 decrease compared to the previous 30 day period (September 24 - October 23) and ($24,900) more 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 4-bedroom homes in Waterloo over the last 30 days (October 24 - November 22) stood at 91.7%, down from 100.0% over the previous 30 days (September 24 - October 23) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Waterloo stood at 20 days when successfully sold over the last 30 days (October 24 - November 22), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Executive Homes Realty Inc.
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