573 Paradise Cres
Waterloo, N2T 2J7
FOR SALE
$1,350,000
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2 + 1
BEDROOMS4
BATHROOMS1 + 1
KITCHENS10 + 3
ROOMSX9240217
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Property Description
Comfort meets luxury! Welcome to 573 Paradise Crescent, a custom-built executive home on a double (76) wide lot! Located on a quiet street in prestigious Beechwood West, as you approach the property you will be impressed by the stunning architectural curb appeal, oversized garage, stamped concrete driveway and mature landscaping. Heading inside, a few features to appreciate include the soaring 18 foot foyer, glass stair rail, three natural gas fireplaces, hardwood flooring, designer lighting and new pot lights (2018), and numerous generously proportioned main level living areas including separate living and family rooms. The recently renovated kitchen (2019) deserves its own mention with a stunning 8+ foot Hanstone quartz waterfall island, new cabinetry, appliances (Samsung, LG, Bosch) and high end fixtures (Delta Pro Faucet, Blanco Granite Sink). From the breakfast area, walk out to the fully fenced backyard complete with a multi-tiered composite deck, Rainbird irrigation system, and bbq gas line. Heading up to the home's second level, you will find lush new carpeting (2019), a luxuriously spacious primary bedroom with a 9 foot tray ceiling, two walk-in closets, and recently renovated 5-piece primary ensuite (2018) complete with heated floors. This level includes a secondary bedroom with its own private 3-piece ensuite bath. Finally, the bright and spacious lower level walkout provides an additional 1000+ sqft of living space and is complete with a wet bar, plenty of storage, and an additional large bedroom with 3-piece bath. The location of this property cannot be beat in close proximity to top schools (private, public, Catholic), recreational trails, neighbourhood pools (membership not mandatory), and all the amenities the West End has to offer including The Boardwalk, Costco, and Shoppers Drug Mart. This home is perfect for the discerning buyer in search of an upscale home without an excessive bedroom count.
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
76' x 112'
Fronting
South
Taxes
$8,971 (2024)
Basement
Fin W/O, W/O
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Waterloo Market Statistics
Waterloo Price Trend
573 Paradise Cres is a 2-bedroom 4-bathroom home listed for sale at $1,350,000, which is $690,000 (104.5%) higher than the average sold price of $660,000 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom home in Waterloo declined by $328,750 (33.2%) compared to the previous 30 day period (July 20 - August 18) and down $102,500 (13.4%) from the same time one year ago.Inventory Change
There were 2 2-bedroom homes listed in Waterloo over the last 30 days (August 19 - September 17), which is down 33.3% compared with the previous 30 day period (July 20 - August 18) and down 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Waterloo typically sold $61,000 (9.2%) above asking price over the last 30 days (August 19 - September 17), which represents a $31,700 increase compared to the previous 30 day period (July 20 - August 18) and $100,250 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 2-bedroom homes in Waterloo over the last 30 days (August 19 - September 17) stood at 50.0%, down from 66.7% over the previous 30 days (July 20 - August 18) and up from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in Waterloo stood at 10 days when successfully sold over the last 30 days (August 19 - September 17), compared to 95 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Twin City Realty Inc.
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