520 Teakwood Drive

Nestled on a prime corner lot at 520 Teakwood Drive, Waterloo, this delightful Multi-Family Home for sale in Waterloo is a fantastic opportunity for those seeking a spacious and well-appointed property. Spanning an impressive 65 by 122 feet, this bungalow-style multiplex boasts an abundance of outdoor space, perfect for families and gardening enthusiasts alike. With two large side yards and a private back deck, the exterior is designed for both relaxation and entertainment.

As you step inside, you’ll immediately notice the warm and inviting atmosphere created by the natural light that floods the interior. The main level of this Multi-Family Home for sale in Waterloo features three comfortable bedrooms, one of which conveniently offers a walk-out to the deck, making it an ideal spot for morning coffee or evening relaxation. The recently refinished original hardwood floors add a touch of charm, complementing the modern updates throughout the home.

The kitchen, located in the basement, has been thoughtfully updated to include a larger island, newer appliances, modern countertops, and a stylish backsplash. This space is perfect for cooking up family meals or entertaining guests. Additionally, there is an extra kitchen in the basement, which adds to the versatility of this Multi-Family Home for sale in Waterloo, making it suitable for various living arrangements.

Moving downstairs, the finished basement continues to impress with its separate entrance and ample space. Here, you’ll find two additional bedrooms featuring egress windows, ensuring safety and comfort. The lower level also includes a full bathroom, a kitchenette that was newly installed in 2018, and laundry facilities, making it a self-contained area that can be utilised for guests or extended family.

This home has been meticulously maintained and extensively renovated, ensuring it is truly ready for its next owners. Recent updates include a new furnace and sump pump installed in 2024, as well as a newly completed roof and siding from the previous autumn. A new storage shed has also been added, providing extra space for gardening tools and outdoor equipment.

While this Multi-Family Home for sale in Waterloo does not feature a pool or a fireplace, it compensates with its central air conditioning, ensuring comfort during the warmer months. The property is unfurnished, allowing new owners to personalise the space to their liking. With a covered driveway that accommodates three parking spaces, convenience is at your fingertips.

The lot is serviced by municipal water and sewer, providing peace of mind for prospective buyers. Although there is no central vacuum system, the overall layout and features of this home make it an attractive option for families or investors looking for a versatile living space in a sought-after area.

In summary, 520 Teakwood Drive, Waterloo, is a remarkable Multi-Family Home for sale in Waterloo that offers a blend of comfort, style, and functionality. With its spacious layout, extensive renovations, and delightful outdoor areas, this property is perfect for those looking to enjoy the best of both indoor and outdoor living. Don’t miss your chance to make this lovely home yours—get in before summer and experience all that 520 Teakwood Drive has to offer! Whether you’re hosting summer barbecues or enjoying quiet moments surrounded by mature trees, this home is ready to welcome you with open arms.

Schools in the Neighbourhood

This property is ideally located near several reputable educational institutions, making it a great choice for families. Within a short distance, you'll find Cedarbrae Public School (0.4 km), an elementary school offering grades JK to 6, though it has a lower school rating of 1.8. For a more highly-rated option, Northlake Woods Public School (1.7 km) serves grades JK to 8 with an impressive rating of 8. N.A. MacEachern Public School (0.9 km) and Laurelwood Public School (2.5 km) both offer French language instruction and boast high ratings of 8.8 and 9.1, respectively. For secondary education, Waterloo Collegiate Institute (2.0 km) offers grades 9 to 12 with a rating of 6.3, while Kitchener-Waterloo Collegiate and Vocational School (4.8 km) has a rating of 7. Additionally, there are Catholic education options like Sir Edgar Bauer Catholic Elementary School (0.9 km) and St. David Catholic Secondary School (1.8 km), both rated around 7.4. Overall, the area offers a diverse selection of schools, catering to various educational preferences and ensuring a quality education for your children.