18 - 249 Cedarbrae Avenue

If you’re on the lookout for a fantastic starter home or a savvy investment opportunity, then look no further than this delightful townhouse for sale in Waterloo , located at 249 Cedarbrae Avenue, Waterloo. This contemporary freehold townhouse is nestled in the sought-after community of 421 - Lakeshore/Parkdale, making it an ideal choice for first-time buyers or investors keen to enter the real estate market.

As you step into this charming abode, you’ll find yourself in a spacious living room that sets the tone for comfortable living. The main floor also boasts an updated galley-style kitchen, complete with freshly refreshed cabinetry, which seamlessly opens up to the dinette area. This layout is perfect for easy everyday living and entertaining friends or family. It’s a lovely space where you can whip up a meal while still being part of the conversation.

Moving upstairs, you’ll discover the generous primary bedroom, which features a walk-in closet—ideal for all your storage needs. There’s also a second spacious bedroom that’s perfect for guests, children, or even as a home office. Completing the upper level is a beautifully appointed 4-piece bathroom, providing all the amenities you need.

But the charm doesn’t stop there! This townhouse for sale in Waterloo also includes a partially finished basement that offers additional space, ready for your personal finishing touches. With walk-out access and a rough-in for a bathroom, this area presents a unique opportunity to create a space that suits your lifestyle. The separate entrance to a common hallway is an added bonus, providing direct access to the basement, which is a rarity in many townhouses.

Situated at 249 Cedarbrae Avenue, Waterloo, this property is ideally located close to both universities, making it a prime choice for students or university staff. You’ll find Sobeys and Conestoga Mall just a stone’s throw away, along with convenient access to public transit and the LRT. Plus, getting onto the Expressway is a breeze, allowing for easy commutes to surrounding areas.

For those who enjoy the outdoors, you’ll be pleased to know that the public library, Columbia Lake, and Laurel Creek Conservation Area are all nearby. Parks, shopping, and a variety of restaurants are also within easy reach, making this location incredibly convenient and desirable. It’s not just a home; it’s a lifestyle.

This townhouse for sale in Waterloo is unfurnished, allowing you to bring your personal touch and style to every room. The building, constructed in 1977, features baseboard electric heating, and while there’s no air conditioning, the layout and location of the home allow for a comfortable living environment. The property does not include a pool, but with the abundance of nearby recreational areas, you won’t miss it.

Parking is a breeze with one dedicated parking space available outside, and although there’s no garage, the exclusive garage type ensures that your vehicle has a safe spot. The exterior maintenance is included in the condo fees, allowing you to enjoy your weekends without the hassle of upkeep.

In summary, this townhouse for sale in Waterloo at 249 Cedarbrae Avenue, Waterloo, is a wonderful opportunity for anyone looking to make their mark in the real estate market. With its prime location, spacious layout, and potential for personalisation, it’s a property that truly ticks all the boxes. Don’t miss out on the chance to make this lovely townhouse your new home or investment!

The 421 - Lakeshore/Parkdale area in Waterloo is a charming and picturesque neighbourhood that offers a delightful blend of natural beauty and urban convenience. Nestled alongside the serene shores of the lake, this community boasts lush parks, scenic walking trails, and vibrant green spaces, making it ideal for outdoor enthusiasts and families alike. The residential streets are lined with a mix of modern homes and established properties, creating a welcoming atmosphere. With easy access to local amenities, shops, and schools, as well as a strong sense of community spirit, 421 - Lakeshore/Parkdale is a perfect place for those seeking a tranquil yet connected lifestyle in a thriving city.

Schools in the Neighbourhood

This property is conveniently located near a variety of educational institutions, making it an ideal choice for families. The closest school, Cedarbrae Public School, is just 0.3 km away and offers elementary education (JK to 6) with a rating of 1.8. For a higher-rated option, Northlake Woods Public School, located 1.7 km away, serves grades JK to 8 and boasts an impressive rating of 8. Nearby, N.A. MacEachern Public School offers French language instruction for grades 1 to 6 and has a high rating of 8.8, while Waterloo Collegiate Institute, 1.9 km away, caters to secondary students (grades 9 to 12) with a rating of 6.3. Additionally, there are several Catholic schools in the vicinity, including Sir Edgar Bauer Catholic Elementary School (0.8 km away, rating of 7) and St. David Catholic Secondary School (1.7 km away, rating of 7.4). This diverse range of schools, with various language options and strong ratings, ensures that families have access to quality education within a short distance from home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant community with a population of 1,104 residents as of 2021. The average household size is 3.2, indicating a family-oriented environment, with 36.96% of households having children. The average age of residents is 30.7 years, reflecting a youthful demographic, and a significant portion, 65.87%, are single. The average household income stands at $71,600, but 24.8% of the population is classified as low-income, highlighting economic diversity. The real estate market shows an average property price of $500,000, with a notable 83.54% of residents renting their homes, suggesting a strong rental market. Immigrants comprise 33.48% of the population, contributing to the area's cultural richness. Additionally, nearly half of the residents (49.44%) hold a college or university degree, indicating a well-educated community. However, a considerable 35.96% of the population is not in the labor force, which may reflect various socio-economic factors. The presence of condos at 12.66% adds to the housing options available in the area, catering to diverse living preferences. Overall, this demographic snapshot illustrates a dynamic community with a mix of young families, renters, and a diverse cultural background.