$799,999
5.14 BTC
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194 Cedarbrae Avenue, Waterloo
$799,999
PRICE
3 + 3
BEDROOMS
2
BATHROOMS
X12155430
MLSID

194 Cedarbrae Avenue, Waterloo

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!
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Summary

Address
194 Cedarbrae Avenue
MLSID
X12155430
Property Type
Detached
Property Category
Bedrooms
3 + 3
Bathrooms
2
Kitchens
1 + 1
Taxes (Annual)
$4,301.07
Tax Year
2024
Published
May 16, 2025
Days on Market
81 Days
Possession Type
Immediate
Possession Details
30 Days/60 Days
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Inclusions

2 Refrigerators, 2 Stoves, 2 Washers, 2 Dryers

Details

Bathroom 1
3-Piece Ground Level
Bathroom 2
4-Piece Second Level
Parking Spaces
4
Parking Total
5
Architectural Style
Bungalow-Raised
Roof
Asphalt Shingle
Construction Materials
Brick, Concrete
Lot Width
52 Feet
Lot Depth
125 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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