$899,900

For sale

574 CLIPPER Drive, Waterloo - Single Family for Sale

574 CLIPPER Drive, Waterloo, Ontario, N2K4B4

2 beds3 baths4 parking2,858 ft²Listed 26 days ago

Overview

This 2-bedroom, 3-bathroom home in Waterloo is for sale offering roughly 2,858 sq ft of space. Its $899,900 asking price sits right in line with the $875,000 median in Waterloo. It has been on the market 26 days, fresher than the Waterloo average of 67 days.

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Description

Exceptional 2 bedroom + Den, 3 full bathroom bungalow in the highly sought-after Eastbridge neighbourhood. The main floor features a formal dining room, hardwood flooring, convenient main-floor laundry, and a spacious living room complete with a gas fireplace. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, and a walkout to the deck and fully fenced backyard. Completely renovated over the years. Fully renovated bathrooms, flooring, fresh paint ,2 gas fireplaces, stunning basement with wet bar + Den. The primary bedroom is a true retreat, offering its own walkout to the deck, a walk-in closet, a 4-piece ensuite, stunning finishes. Beautifully finished lower level, where you'll find a spacious rec room with a second gas fireplace, a wet bar, a 3-piece bathroom, and an oversized storage room. With an added bonus room. Completing the home is a full two-car garage and ample driveway parking. Added upgrades are the stone interlocking drive way and walk way. Brand new back deck, railing and interlocking patio. Sprinkler system, Alarm system, Furnace and A/C 2025/2026. (id:66096)

Property Details

MLS®: 40870415
Property Type: Single Family
Zoning: SD
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Parking: 4
Interior Size: 2,858 ft²
Frontage: 65 ft
Year Built: 2000
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace: Yes
Ownership

Rooms

Main level

Foyer: 11'7'' x 4'11''
4pc Ensuite bath
Bedroom: 11'1'' x 11'10''
3pc Bathroom
Primary Bedroom: 17'1'' x 17'3''
Laundry room
Living room: 14'11'' x 10'6''
Kitchen: 11'7'' x 11'2''
Dining room: 16'7'' x 15'5''

Basement

Utility room: 6'9'' x 10'10''
Den: 11'1'' x 14'6''

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Garage door opener
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Gazebo, 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

26d

Waterloo listings, avg age

67d

Price / ft²

$315

List price

$900K

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 2-bed single family in Waterloo has been listed for 26 days, which is 41 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Peak Realty Ltd. · Christine Just

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2K)

This home lists at $899,900, about 7.5× the local median household income of $120,000.

Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 46% 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)

$899,900· $315/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,990

Min 7.22%50%

Mortgage payment$4,629/mo

↳ CMHC premium ($33,396 capitalized)

Property tax (est.)$498/mo

Total monthly$5,127

Cash Needed to Close

Down payment (7.22%)$64,990

Land transfer tax$14,473

Est. closing costs$5,200

Total cash needed$84,663

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