$1,099,000

For saleJust listed

301 CHOKECHERRY Crescent, Waterloo - Single Family for Sale

301 CHOKECHERRY Crescent, Waterloo, Ontario, N2V0H1

6 beds5 baths5 parking3,182 ft²Listed Today

Overview

This 6-bedroom, 5-bathroom home in Waterloo is for sale offering roughly 3,182 sq ft of space. It has been on the market 0 days, fresher than the Waterloo average of 66 days.

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Description

LEGAL DUPLEX | INCOME-GENERATING OPPORTUNITY! Exceptional Vista Hills home offering the perfect blend of spacious family living and rental income. Open-concept layout with a huge, sun-filled living space, 9-ft ceilings, 4 bedrooms and 3 full bathrooms upstairs, including 2 ensuites and a Jack & Jill bath, plus a main-floor powder room. Stylish kitchen with quartz countertops and an oversized pantry, generous storage throughout, and a huge primary bedroom. Fully finished LEGAL 2-bedroom basement with separate side entrance, oversized bedrooms, full-size washer/dryer and additional storage - an excellent income-generating opportunity and easily rentable year-round. Enjoy the large fully fenced backyard and 5-car parking with a 2-car garage, garage door opener + 3-car driveway. Ideally located close to universities, Costco, shopping, dining and everyday amenities. A rare opportunity for homeowners and investors alike! (id:66096)

Property Details

MLS®: 40854811
Property Type: Single Family
Zoning: R6
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 5
Half Baths: 1
Parking: 5
Interior Size: 3,182 ft²
Frontage: 36 ft
Year Built: 2022
Storeys: 2
Style: Other
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Ownership

Rooms

Basement

3pc Bathroom
Bedroom: 10'1'' x 11'4''
Bedroom: 11'3'' x 12'9''

Second level

3pc Bathroom
3pc Bathroom
3pc Bathroom
Bedroom: 10'4'' x 11'2''
Bedroom: 10'6'' x 11'8''
Bedroom: 10'6'' x 11'4''
Bedroom: 13'2'' x 22'10''

Main level

2pc Bathroom

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

Features

Appliances: Washer, Dishwasher, Stove, Dryer, Window Coverings, Garage door opener
Foundation: Poured Concrete
Exterior: Concrete
Lot Features: Conservation/green belt, Sump Pump, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Waterloo listings, avg age

66d

Price / ft²

$345

List price

$1.10M

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 6-bed single family in Waterloo has been listed for 0 days, which is 66 days fresher than the city average of 66. Act while there is still low competition.

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Listed by Flux Realty · Hardeep Kaur

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2V)

This home lists at $1,099,000, about 8.7× the local median household income of $126,000.

Carrying it typically needs a household income of about $214,673 (20% down, 25-yr amortization, stress-tested) — roughly 70% above the area median.

Median household income: $126,000
Population: 19,428
Median age: 38
Owner / renter: 86% / 14%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA N2V)

$1,099,000· $345/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.73% · $84,900.00

Min 7.73%50%

Mortgage payment$5,622/mo

↳ CMHC premium ($40,564 capitalized)

Property tax (est.)$646/mo

Total monthly$6,269

Cash Needed to Close

Down payment (7.73%)$84,900

Land transfer tax$18,455

Est. closing costs$5,797

Total cash needed$109,152

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