$475,000
Waterloo
428 DUNVEGAN Drive, Waterloo, Ontario, N2K2C7
This 3-bedroom, 2-bathroom home in Waterloo is for sale offering roughly 1,364 sq ft of space. It has been on the market 32 days, fresher than the Waterloo average of 67 days.
An appealing opportunity for investors seeking a turn-key rental property with tenants already in place, this 3-bedroom, 2-bathroom semi-detached home offers a practical layout, generous living space and the stability of an established tenancy from day one. With over 1,300 sq. ft. above grade, the main level features a spacious kitchen, separate dining area and bright living room with an impressive wall of windows overlooking the backyard. A convenient 2-piece bath completes the level. Upstairs are three well-proportioned bedrooms, including a notably large primary bedroom, plus a 4-piece bath. Hardwood flooring adds warmth through the principal living areas, while the full basement provides laundry, utilities and substantial storage. Outside, the deep 31' x 122' lot offers a private driveway and a mature, fenced backyard with room to relax, garden or enjoy the outdoors. For an investor, the combination of freehold ownership, an established residential setting and tenants already in place makes this an easy addition to a rental portfolio. Set in Waterloo's established Lexington/Lincoln Village area, the location adds another layer of long-term appeal. Dunvegan Park is right in the neighbourhood, with trails, a playground, tennis and pickleball courts and basketball facilities, while nearby schools and everyday services make daily living convenient.Conestoga Mall, its shops, dining and services, and the ION light rail terminal are only a short drive away, providing excellent connections across Waterloo Region. The University of Waterloo and Wilfrid Laurier University are also within easy reach, adding to the area's broad rental appeal. Mature trees, established streets and nearby green space create a comfortable residential atmosphere without sacrificing access to shopping, transit, recreation and major employment and education destinations. A solid property, an established tenancy and a location that works for both tenants and investors. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 32 days on market, against an average age of 67 days across the listings currently for sale in this city
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.
This 3-bed single family in Waterloo has been listed for 32 days, which is 35 days fresher than the city average of 67. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $475,000, about 4.0× the local median household income of $120,000.
Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N2K)
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