510 OAKRIDGE Place, Waterloo, ON N2L4P2
510 OAKRIDGE Place, Waterloo, ON N2L4P2
510 OAKRIDGE Place, Waterloo, ON N2L4P2
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$890,000
Est. payment /mo
3 Beds
2 Baths
1,766 SqFt
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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1766

Square Footage 1,766 sqft

Price per Sqft $503

Subdivision 421 - Lakeshore/Parkdale

MLS® Listing ID 40855405

Bedrooms 3

Year Built 1974

Property Sub-Type Freehold

Property Description

Welcome to this exceptional bungalow featuring two legal units, offering a fantastic opportunity for homeowners, investors, or multi-generational families. Located in the desirable Old Lakeshore neighbourhood, this well-maintained property combines comfortable living, excellent rental potential, and an impressive 8' x 20' Swim Spa. The home has been thoughtfully updated over the years, including a newer electrical panel and plumbing, a 2020 furnace and A/C, a 2020 on-demand water heater, a 2019 asphalt driveway, an updated, newly legal 1-bed basement unit, a garage door, eavestroughs and fascia, plus an updated steel roof. The front porch and fully fenced backyard were newly completed this year. The bright primary bedroom features sliding-door access to a new deck surrounding the Swim Spa, creating a private and relaxing outdoor oasis. The fenced yard, complemented by privacy curtains and mature trees, offers excellent potential to create your own backyard retreat. A large storage shed provides additional convenience. Inside, the spacious updated kitchen is ideal for anyone who loves to cook, featuring stainless steel appliances, a gas stove, oversized refrigerator, deep sink, and an extra-large peninsula countertop. The updated main-floor bathroom includes convenient laundry and a walk-in shower. The living room is filled with natural light through a large picture window overlooking the peaceful cul-de-sac. Downstairs, the legal 1 beds basement provides a gas fireplace, modern kitchen, additional bedroom, and full bathroom. It is ideal for independent living and also offers excellent potential as a stable rental unit, providing an additional source of rental income for the property. Enjoy a fantastic location close to Laurelwood Conservation Area, the University of Waterloo, and the LRT, while being within walking distance of schools, public transit, and shopping. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

Community Features Quiet Area, Community Centre, School Bus

View Y/N No

Attached Garage Yes

Total Parking Spaces 3

Garage Yes

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Royal LePage Peaceland Realty

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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510 OAKRIDGE Place