$779,000

For sale

380 Grangewood Drive, Waterloo - Single Family for Sale

380 Grangewood Drive, Waterloo, Ontario, N2K2E6

3 beds2 baths4 parking900 ft²40 × 91 ft (3,640 sq ft) lot sizeListed 52 days ago

Overview

This 3-bedroom, 2-bathroom home in Waterloo is for sale offering roughly 900 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 52 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 well-maintained 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®: X13779794
Property Type: Single Family
Zoning: SR1-10
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 40 × 91 ft (3,640 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport, No Garage
Fireplace: Yes

Features

Appliances: Water Heater
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Waterloo listings, avg age

67d

Price / ft²

$866

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 52 days, which is 15 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· $866/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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