$649,900

For sale

244 ROYAL Street, Waterloo - Single Family for Sale

244 ROYAL Street, Waterloo, Ontario, N2J2J2

3 beds2 baths3 parking2,182 ft²Listed 21 days ago

Overview

This 3-bedroom, 2-bathroom home in Waterloo is for sale offering roughly 2,182 sq ft of space. Listed at $649,900, it is attractively priced about 26% below the $875,000 median asking price in Waterloo. It has been on the market 21 days, fresher than the Waterloo average of 67 days.

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Description

Discover the possibilities at 244 Royal St. This inviting three-bedroom, two-bathroom bungalow offers a practical layout, modern updates and flexible living space to suit a variety of needs. The main level features a bright living room that connects seamlessly to the updated kitchen, renovated approximately three years ago with stainless steel appliances, contemporary cabinetry and a sleek tiled backsplash. Just beyond the kitchen, a spacious rear family room offers a second gathering space, ideal for hosting guests or enjoying a quiet night in. Three well-sized bedrooms and an updated main-floor bathroom complete the main level. Downstairs, the finished basement expands the home's functionality with an updated three-piece bathroom, a dedicated laundry area and a large recreation space that can be adapted to your lifestyle, whether you envision a media room, home office, workout area or additional space for entertaining. Outside, the backyard deck creates the perfect setting for morning coffee, summer barbecues or unwinding at the end of the day. With its comfortable layout, key updates and additional finished living space, this well-maintained Waterloo bungalow offers plenty of opportunity to settle in and make it your own. (id:66096)

Property Details

MLS®: 40871154
Property Type: Single Family
Zoning: SR2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 2,182 ft²
Frontage: 59 ft
Year Built: 1957
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air
Cooling: Central air conditioning
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 11'11'' x 14'7''
Kitchen: 7'8'' x 10'3''
Dinette: 7'8'' x 11'0''
Family room: 13'8'' x 25'0''
Primary Bedroom: 14'8'' x 15'0''
Bedroom: 10'5'' x 10'0''
Bedroom: 10'5'' x 10'0''
4pc Bathroom: 7'1'' x 7'9''

Basement

Recreation room: 21'5'' x 27'1''
3pc Bathroom: 8'5'' x 11'7''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Waterloo listings, avg age

67d

Price / ft²

$298

List price

$650K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Waterloo has been listed for 21 days, which is 46 days fresher than the city average of 67. Act while there is still low competition.

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Listed by eXp Realty, Brokerage · Mica Sadler

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2J)

This home lists at $649,900, about 8.7× the local median household income of $74,500.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 70% above the area median.

Median household income: $74,500
Population: 20,899
Median age: 36.8
Owner / renter: 53% / 47%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2J)

$649,900· $298/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$386/mo

Total monthly$3,767

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$9,473

Est. closing costs$4,450

Total cash needed$53,913

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