$779,000

For sale

380 GRANGEWOOD Drive, Waterloo - Single Family for Sale

380 GRANGEWOOD Drive, Waterloo, Ontario, N2K2E6

3 beds2 baths3 parking1,005 ft²Listed 53 days ago

Overview

This 3-bedroom, 2-bathroom home in Waterloo is for sale offering roughly 1,005 sq ft of space. Listed at $779,000, it is attractively priced about 11% 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

Turnkey bungalow versatility in desirable East Waterloo. Situated on a quiet crescent in the established Lincoln Heights neighbourhood, this wellmaintained detached home offers a flexible main level featuring a bright, sun-filled kitchen and two spacious bedrooms easily converted back to a three-bedroom layout. A convenient side entrance leads directly to the fully finished lower level equipped with a second full kitchen, bedroom, den, full bathroom, and dedicated laundry, making it an ideal setup for an in-law suite, nanny suite, or income potential. Outside, the deep private backyard retreat includes a gazebo, garden area, storage shed, and parking space for three vehicles out front. Located minutes from Highway 85, Wilfrid Laurier University, University of Waterloo, Conestoga Mall, Lexington Park, and top local schools. (id:66096)

Property Details

MLS®: 40863105
Property Type: Single Family
Zoning: SR1-10
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,005 ft²
Frontage: 40 ft
Year Built: 1974
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport
Ownership: Freehold
Property Tax

Rooms

Basement

Eat in kitchen
Laundry room: 8'11'' x 14'1''
Den: 8'10'' x 10'3''
Bedroom: 10'3'' x 11'0''
3pc Bathroom: 5'7'' x 9'2''
Recreation room: 15'10'' x 19'11''

Main level

Bedroom: 11'7'' x 11'7''
Primary Bedroom: 11'7'' x 17'1''
4pc Bathroom: 4'10'' x 7'3''
Living room: 10'10'' x 17'4''
Eat in kitchen

Features

Appliances: Washer, Refrigerator, Water softener, Central Vacuum, Dishwasher, Stove, Microwave Built-in
Foundation: Poured Concrete
Exterior: Wood, Brick
Lot Features: Paved driveway, Gazebo

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

$775

List price

$779K

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 HOMELIFE MIRACLE REALTY LTD · Igor Miljanovic

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2K)

This home lists at $779,000, about 6.5× the local median household income of $120,000.

Carrying it typically needs a household income of about $152,166 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.

Median household income: $120,000
Population: 29,381
Median age: 40.4
Owner / renter: 82% / 18%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N2K)

$779,000· $775/ft²

For sale

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Full Cost Breakdown

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Down Payment6.79% · $52,900.00

Min 6.79%50%

Mortgage payment$4,026/mo

↳ CMHC premium ($29,044 capitalized)

Property tax (est.)$311/mo

Total monthly$4,336

Cash Needed to Close

Down payment (6.79%)$52,900

Land transfer tax$12,055

Est. closing costs$4,837

Total cash needed$69,792

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