$879,000

$885,000For salePrice drop↓ $6,000 (1%)

575 VIOLET Street, Waterloo - Single Family for Sale

575 VIOLET Street, Waterloo, Ontario, N2V2T8

3 beds4 baths3 parking2,854 ft²Listed 94 days ago

Overview

This 3-bedroom, 4-bathroom home in Waterloo is for sale offering roughly 2,854 sq ft of space. Its $879,000 asking price sits right in line with the $875,000 median in Waterloo.

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Description

Discover the perfect home for you and your family! This stunning 3-bedroom, 2800 square feet living space residence offers everything you've been dreaming of and more. Nestled against a serene greenbelt, high end interlock driveway, this property features a fully finished walk-out basement with 3 piece bathroom and wet bar, composite deck, and an open concept design that makes it an ideal choice for families and investors alike. This home is perfectly situated in a sought-after location with one of the best public elementary schools just a stone's throw away. Surrounded by convenience, you'll find parks, a university, a mall, and major highways in close proximity, making daily life a breeze. With its family-oriented neighbourhood and prime location, this property is an excellent choice for families looking to settle down in a peaceful and friendly community. Additionally, the potential for a great return on investment makes it a lucrative opportunity for investors seeking a valuable property. Don't miss out on the chance to call this remarkable property your own or to make a wise investment move. Act quickly, as opportunities like this don't come around often! Upgrades include: STOVE 2021, WASHER AND DRYER 2019, REFRIGERATOR 2020, SHINGLE 2018, INTERLOCK DRIVEWAY 2020 (id:66096)

Property Details

MLS®: 40852869
Property Type: Single Family
Zoning: FR50
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 3
Interior Size: 2,854 ft²
Frontage: 30 ft
Year Built: 2004
Storeys: 2
Style: Other
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace

Rooms

Basement

Utility room: 21'1'' x 7'9''
Other: 5'2'' x 7'4''
4pc Bathroom: 5'11'' x 7'1''
Recreation room: 23'3'' x 20'0''

Second level

Family room: 18'2'' x 11'5''
4pc Bathroom: 9'11'' x 5'3''
Bedroom: 9'9'' x 10'8''
Bedroom: 12'11'' x 9'4''
4pc Ensuite bath: 11'0'' x 6'4''
Primary Bedroom: 15'0'' x 14'5''

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Garage door opener
Foundation: Poured Concrete
Exterior: Concrete, Brick, Vinyl siding
Lot Features: Backs on greenbelt, Conservation/green belt, Sump Pump, 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

94d

Waterloo listings, avg age

67d

Price / ft²

$308

List price

$879K

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 is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Royal LePage Wolle Realty · Ryan Shi

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2V)

This home lists at $879,000, about 7.0× the local median household income of $126,000.

Carrying it typically needs a household income of about $171,699 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.

Median household income: $126,000
Population: 19,428
Median age: 38
Owner / renter: 86% / 14%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA N2V)

$879,000· $308/ft²

For sale

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Full Cost Breakdown

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Down Payment7.16% · $62,900

Min 7.16%50%

Mortgage payment$4,525/mo

↳ CMHC premium ($32,644 capitalized)

Property tax (est.)$488/mo

Total monthly$5,013

Cash Needed to Close

Down payment (7.16%)$62,900

Land transfer tax$14,055

Est. closing costs$5,137

Total cash needed$82,092

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