16 Kraft Drive, Waterloo, Ontario, N2J4G8

For saleJust listed

Today

$4.42M

16 Kraft Drive, Waterloo, Ontario, N2J4G8

4 bd5 ba23 pk5,000 ft²Lot size 1068 × 1638 ft (40.16 acres)

301 CHOKECHERRY Crescent, Waterloo, Ontario, N2V0H1

6 bd5 ba5 pk3,182 ft²

Listed by Flux Realty

For saleJust listed

Today

$4.42M

16 KRAFT Drive, Waterloo, Ontario, N2J4G8

4 bd5 ba23 pk5,409 ft²Lot size 39 acres

364 Stoneheight Place, Waterloo, Ontario, N2V2A8

4 bd4 ba6 pk2,250 ft²Lot size 52 × 116 ft (6,082 sq ft)

Listed by CENTURY 21 MILLENNIUM INC.

Investment analysis

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$630,000

Waterloo

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Saturday, November 7, 2:00 PM to 4:00 PM

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$630,000

$675,000For salePrice drop↓ $45,000 (7%)

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309 TOLL GATE Boulevard, Waterloo - Single Family for Sale

309 TOLL GATE Boulevard, Waterloo, Ontario, N2L4M5

3 beds2 baths3 parking2,366 ft²Listed 53 days ago

Overview

This 3-bedroom, 2-bathroom home in Waterloo is for sale offering roughly 2,366 sq ft of space. Listed at $630,000, it is attractively priced about 28% below the $875,000 median asking price in Waterloo. It has been on the market 53 days, fresher than the Waterloo average of 67 days.

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Description

Welcome to this well maintained, one owner raised bungalow in the desirable Lakeshore area of Waterloo! Ideally located just a stone’s throw from the newest future WRHN hospital, on a bus route, and minutes from the University of Waterloo and Ira Needles amenities. Offering 3 bedrooms and 2 bathrooms, this solid home features an updated kitchen, finished basement and major mechanical updates already completed. The versatile raised bungalow layout offers excellent potential for an in-law suite or duplex conversion. Outside, enjoy a large yard, single car garage and driveway parking for two. A fantastic opportunity in an established neighbourhood with an incredibly convenient location. ** Some photos have been virtually staged. (id:66096)

Property Details

MLS®: 40862569
Property Type: Single Family
Zoning: SR1A
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 2,366 ft²
Frontage: 50 ft
Year Built: 1976
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Primary Bedroom: 11'2'' x 12'2''
Bedroom: 9'2'' x 14'0''
Bedroom: 8'8'' x 10'5''
4pc Bathroom
Dining room: 10'0'' x 9'6''
Living room: 18'3'' x 11'7''
Kitchen: 14'9'' x 10'2''

Basement

Family room: 17'7'' x 13'5''
Utility room: 11'4'' x 13'11''
Recreation room: 13'0'' x 21'10''
Storage

Features

Appliances: Washer, Refrigerator, Central Vacuum, Stove, Dryer, Garage door opener
Exterior: Brick, Vinyl siding
Lot Features: 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

53d

Waterloo listings, avg age

67d

Price / ft²

$266

List price

$630K

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 53 days, which is 14 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Royal Lepage Wolle Realty · Gary Minke

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $630,000, about 9.1× the local median household income of $69,500.

Carrying it typically needs a household income of about $123,061 (20% down, 25-yr amortization, stress-tested) — roughly 77% above the area median.

Median household income: $69,500
Population: 37,953
Median age: 29.8
Owner / renter: 37% / 63%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2L)

$630,000· $266/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $38,000

Min 6.03%50%

Mortgage payment$3,282/mo

↳ CMHC premium ($23,680 capitalized)

Property tax (est.)$393/mo

Total monthly$3,675

Cash Needed to Close

Down payment (6.03%)$38,000

Land transfer tax$9,075

Est. closing costs$4,390

Total cash needed$51,465

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