1 - 249 CEDARBRAE Avenue
Waterloo, Ontario
5 bed • 2 bath • Single Family
Wonderful Property in Desirable Waterloo Location with a rental license for 5!!!! Great Investment opportunity! The carpet-free house is on a quiet street, a short walk to the Universities, Shoping stores, and bus routes (bus line 9 just at the corner). 3 Bedrooms on the second floor and two bedrooms in the basement, each bedroom is spacious. The Living Room is Sunny - very bright, and has a hardwood floor. The Kitchen is wide open, has Abundance Cabinets, the common areas are airy, with good-sized windows, and the whole house has a good layout and is well-maintained. Two full baths - one on the second floor, one in the basement. Beautiful front yard, 1 parking spot included at the back of the unit. Updates include a new kitchen with Quartz Countertops (2021), a new bathroom with Quartz Countertops on the 2nd floor (Dec 2024), a Hot Water Heater (2025), and new painting in the basement (2026. Walking Distance To University Of Waterloo! A MUST-SEE house.
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
- St David Catholic Secondary School1.8 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Waterloo Collegiate Institute1.9 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% 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
- 1,033
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,033 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$76,760
Estimated Monthly Payment
$1,885
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,885/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $96/mo
Estimates only. Consult a financial advisor.
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