18 - 249 CEDARBRAE Avenue
Waterloo, Ontario
2 bed • 1 bath • Single Family
FANTASTIC STARTER HOME OR INVESTMENT IN A PRIME WATERLOO LOCATION. Welcome to #18 -249 Cedarbrae Avenue, Waterloo, an excellent opportunity to enter the real estate market as a first-time buyer or investor. The main floor features a spacious living room and an updated galley-style kitchen with plenty of freshly refreshed cabinetry, open to the dinette for easy everyday living. Upstairs, you’ll appreciate the generous primary bedroom with a walk-in closet, along with a 2nd spacious bedroom and a beautiful 4pc bathroom completing the upper level. The partly finished basement offers additional space ready for your personal finishing touches, with a rough-in for a bathroom, and a separate entrance to a common hallway provides direct access to the basement, a unique and valuable bonus. Ideally located close to both universities, Sobeys, Conestoga Mall, public transit, and the LRT, with easy access to the Expressway. The public library, Columbia Lake, Laurel Creek Conservation Area, parks, shopping, and restaurants are all nearby, making this an incredibly convenient and desirable location. Perfect for a first home or investment property, this condo townhouse also includes exterior maintenance in the condo fees and one dedicated parking space. Virtually staged.
Price History
Schools
Elementary
- Cedarbrae Public School0.2 km
Public · Waterloo Region DSB · 240 students
Grade 3 reading: 21% met the provincial standard · Grade 6 math: 14% met the provincial standard
- Sir Edgar Bauer Catholic Elementary School0.7 km
Catholic · Waterloo CDSB · 445 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 60% met the provincial standard
- N A MacEachern Public School0.9 km
Public · Waterloo Region DSB · 260 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 55% met the provincial standard
Secondary
- Waterloo Collegiate Institute1.8 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School1.8 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Laurel Heights Secondary School3.8 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 87% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,024
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,024 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$69,980
Estimated Monthly Payment
$1,719
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,719/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $87/mo
Estimates only. Consult a financial advisor.
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