$1,369,000

For sale

509 ST MORITZ Avenue, Waterloo - Single Family for Sale

509 ST MORITZ Avenue, Waterloo, Ontario, N2T0B3

5 beds4 baths4 parking4,097 ft²Listed 16 days ago

Overview

This 5-bedroom, 4-bathroom home in Waterloo is for sale offering roughly 4,097 sq ft of space. It has been on the market 16 days, fresher than the Waterloo average of 67 days.

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Description

LUXURY, PRIVACY & BREATHTAKING VIEWS IN WATERLOO’S PRESTIGIOUS CLAIR HILLS! Discover this exceptional custom-built two-storey residence, where elegant design, quality craftsmanship, and an outstanding setting come together. Nestled in the sought-after Clair Hills community, this remarkable home offers the rare advantage of no neighbours directly in front or behind, providing enhanced privacy and beautiful open views. Enjoy peaceful mornings on the primary bedroom’s private balcony and take in scenic park views from the media room. Adding exceptional versatility and value is a *newly completed, fully furnished two-bedroom basement with a separate entrance, ideal for extended family, guests, or additional living flexibility. Enjoy a welcoming, family-friendly neighbourhood with parks, walking trails, tennis courts, seasonal outdoor skating and hockey, and community activities. Benefit from convenient access to The Boardwalk’s shopping, restaurants, entertainment, and medical services, along with Costco, Laurel Creek Conservation Area, nearby schools, the University of Waterloo, and Wilfrid Laurier University. Combining distinctive views, exceptional privacy, contemporary elegance, and a desirable location, this is a rare opportunity to own a remarkable home in one of Waterloo’s sought-after communities. **A true gem that deserves to be experienced in person!* (id:66096)

Property Details

MLS®: 40872390
Property Type: Single Family
Zoning: FR G2
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 4,097 ft²
Frontage: 40 ft
Storeys: 2
Style: Other
Basement: Finished, Full
Heating: Forced air
Cooling: Central air conditioning
Garage: Attached Garage
Ownership: Freehold
Property Tax

Rooms

Basement

Bedroom: 12'8'' x 11'7''
Bedroom: 9'11'' x 11'7''
Recreation room: 19'10'' x 17'1''
3pc Bathroom

Second level

3pc Bathroom
Family room: 15'0'' x 18'5''
Bedroom: 12'11'' x 11'5''
Bedroom: 12'11'' x 11'8''
4pc Bathroom
Primary Bedroom: 14'8'' x 17'1''

Main level

Laundry room

Features

Appliances: Refrigerator, Range - Gas, Dishwasher, Stove, Dryer, Hood Fan
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Waterloo listings, avg age

67d

Price / ft²

$334

List price

$1.37M

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 5-bed single family in Waterloo has been listed for 16 days, which is 51 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Re/Max Real Estate Centre Inc. · RANDHIR DHALIWAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2T)

This home lists at $1,369,000, about 10.8× the local median household income of $127,000.

Carrying it typically needs a household income of about $267,414 (20% down, 25-yr amortization, stress-tested) — roughly 111% above the area median.

Median household income: $127,000
Population: 20,634
Median age: 41.2
Owner / renter: 85% / 15%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N2T)

$1,369,000· $334/ft²

For sale

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Full Cost Breakdown

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Down Payment8.17% · $111,900

Min 8.17%50%

Mortgage payment$6,970/mo

↳ CMHC premium ($50,284 capitalized)

Property tax (est.)$840/mo

Total monthly$7,810

Cash Needed to Close

Down payment (8.17%)$111,900

Land transfer tax$23,855

Est. closing costs$6,607

Total cash needed$142,362

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