
163 Cedarbrae Avenue
Waterloo, ON N2L 4S1
- 3+3Bedrooms
- 2Bathrooms
- 4Garage
- 700–1100Sq Ft
- $3,550Tax
- 35×112 ftLot Size
- Estimated Value:$612,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 163 Cedarbrae Avenue, Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-06-27 | 2025-07-29 | Login to See Prices | Terminated | x12250530 |
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About 163 Cedarbrae Avenue, Waterloo
Beautifully renovated semi-detached home close to the University! Fantastic investment property with a substantial rental income that has positive cash flow potential. This gorgeous home has TWO separate THREE BEDROOM apartments: Main floor and Basement, with current City of Waterloo Rental Permits. 2 kitchens, 2 laundry rooms, separate entrance to basement. Private driveway parking for 4 cars and fenced private backyard. All furniture available - free of charge! This property is ideal for renting to students or working professionals with an easy commute to the University of Waterloo, Wilfred Laurier and Conestoga college. With 6 bedrooms, it is easy to rent for $4000+/month, with positive cash flow and has low taxes. Recent upgrades include:new Furnace2025, New Driveway paving 2025, Leaf Guard 2025, Energy efficient new windows 2024. An Ideal home for first time home buyers, retirees or investors ready for an immediate income! The Cedarbrae community is a very desirable neighbourhood in Waterloo for Young Professionals, Families, Retirees and Students. Located steps from city bus stop, with regular bus service. This area boasts numerous open areas, parks, nature trails, recreation spaces and playgrounds.Walking distance to Albert McCormik Recreation Centre. Easy access to major highways and the LRT. Close to shopping, groceries, health & fitness clubs, restaurants, etc. Priced to sell quickly, this is the chance you've been waiting for!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,550
- Land Transfer Tax Fee
- $12,455
Rental Items
- Rental Equipment
- Hot water heater. Current contract with reliance for maintenance of heat/cool/plumbing/electrical
- Under Contract
- Hot Water Heater
- Basement Type
- Apartment
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- In-Law Suite, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Water Heater
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Privacy
- Pool
- None
- Property Features
- Fenced Yard, Golf, Hospital, Library, Place Of Worship, Public Transit
Building
- Building Type
- Semi-Detached
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 35.01 ft
- Lot Depth
- 111.95 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- ELFs, WINDOW COVERINGS, 2 STOVES, 2 FRIDGES, 2 WASHERS, 2 DRYERS, 1 BASEMENT MICROWAVE.FURNITURE FREE OF CHARGE. (OR CAN BE REMOVED)
Exclusions
- Exclusions
- Main floor microwave
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 4
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 3
- Washrooms
- 2
- Kitchens
- 2
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Dining Room—Main level
- Primary Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Kitchen—Basement level
- Living Room—Basement level
- Primary Bedroom—Basement level
- Bedroom 2—Basement level
- Bedroom 3—Basement level
Washrooms
- 4-piece, Main
- 4-piece, Basement
- Municipality
- Waterloo
- Main cross streets
- Parkside Dr & Cedarbrae Ave
- Directions
- Parkside Dr & Cedarbrae Ave
- MLS® number
- X12250530
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-07-29
- Listed on
- 2025-06-27
- Days on market
- 32 days
- Possession date
- 2025-09-01
- Possession type
- Flexible
- Co-op commission
- 2% - $100 + HST
- Seller
- Listed by
- NEW ERA REAL ESTATE
Home Market Value
Current home valuation for 163 Cedarbrae Avenue, Waterloo, , . Listed for $799,000
HOMEH Estimate
$612,000
Estimated Sales Range
$483,480 - $740,520
HOMEH Estimate for 163 Cedarbrae Avenue, Waterloo
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $299,000 over $500K
$54,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,755 | $22,292 | $19,016 | $0 |
=Total mortgage | $773,624 | $741,392 | $698,166 | $639,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,777monthly | $3,620monthly | $3,409monthly | $3,121monthly |
Land Transfer Tax
$12,455
$12,455
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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