50 Margaret Ave N

Waterloo, N2J 3P6
FOR SALE
$849,999
50 Margaret Ave N, Waterloo
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
50 Margaret Ave N
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3 + 2
BEDROOMS
2
BATHROOMS
2
KITCHENS
9
ROOMS
X8288912
MLSID
Contact Us
Property Description
Nestled on a huge corner lot, 3+2 fully finished, separate entrance basement house in a very matured neighborhood. Currently both the units generating $60,000 gross annual income. The classic student investment features exceptional positive cashflow. First time home buyers or investors, this is a turn key property spent around $65000 on renovations. 4 cars can be parked on the drive way and 2 cars inside the garage which is extra wide, heated with electricals. Potential to convert it into tiny house or garden suite or use as auto mechanical or wood working plus a storage shed on the side. Property is steps away from public transit and just minutes from uptown Waterloo, 1.7 kms to Connestoga College, 3.5 kms to UOW, 2.5 kms to WLU. Vacant possession available on closing.
Property Features
Fenced Yard, Park, Public Transit, School, School Bus Route
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
60' x 130'
Acreage
< .50
Fronting
East
Taxes
$3,733 (2023)
Basement
Finished, Full
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain11.48' x 16.11'
KitchenMain10.89' x 11.88'
BrMain12.11' x 11.78'
2nd BrMain8.79' x 11.81'
3rd BrMain8.99' x 8.79'
BathroomMain6.69' x 8.99'4 Pc Bath
BathroomBsmt6.17' x 11.09'3 Pc Bath
KitchenBsmt11.29' x 14.07'
LivingBsmt12.60' x 17.29'
BrBsmt10.89' x 12.07'
2nd BrBsmt12.80' x 12.07'
UtilityBsmt11.09' x 17.09'
Waterloo Market Statistics
Waterloo Price Trend
50 Margaret Ave N is a 3-bedroom 2-bathroom home listed for sale at $849,999, which is $42,046 (4.7%) lower than the average sold price of $892,045 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Waterloo declined by $4,455 (0.5%) compared to the previous 30 day period (March 15 - April 13) and up $28,677 (3.3%) from the same time one year ago.
Inventory Change
There were 35 3-bedroom homes listed in Waterloo over the last 30 days (April 14 - May 13), which is up 75.0% compared with the previous 30 day period (March 15 - April 13) and up 169.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Waterloo typically sold $62,954 (7.1%) above asking price over the last 30 days (April 14 - May 13), which represents a $16,158 decrease compared to the previous 30 day period (March 15 - April 13) and $31,209 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 3-bedroom homes in Waterloo over the last 30 days (April 14 - May 13) stood at 62.9%, down from 120.0% over the previous 30 days (March 15 - April 13) and down from 169.2% 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 16 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Circle Real Estate
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