357 Grangewood Drive, Waterloo, ON, N2K 2E4

MLS® # 40784430

Investment For Sale In Lincoln, Waterloo, Ontario

$815,000

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357 Grangewood Drive, Waterloo, ON - Outdoor

357 Grangewood Drive, Waterloo, ON - Outdoor With Deck Patio Veranda With Facade

357 Grangewood Drive, Waterloo, ON - Outdoor With Deck Patio Veranda

357 Grangewood Drive, Waterloo, ON - Indoor Photo Showing Living Room

357 Grangewood Drive, Waterloo, ON - Indoor

357 Grangewood Drive, Waterloo, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen With Double Sink

357 Grangewood Drive, Waterloo, ON - Indoor Photo Showing Bedroom

357 Grangewood Drive, Waterloo, ON - Indoor Photo Showing Bathroom

357 Grangewood Drive, Waterloo, ON - Indoor Photo Showing Other Room

357 Grangewood Drive, Waterloo, ON - Indoor Photo Showing Kitchen

357 Grangewood Drive, Waterloo, ON - Outdoor With Exterior

357 Grangewood Drive, Waterloo, ON - Outdoor With Deck Patio Veranda With Exterior

357 Grangewood Drive, Waterloo, ON - Outdoor With View

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357 Grangewood Drive, Waterloo, ON, N2K 2E4

$815,000

Property Information:

Stunning Legal Duplex Bungalow on a highly sought after Crescent in Waterloo! This extensively renovated property is the perfect addition to any investment portfolio. Featuring two fully updated units, including a legal basement apartment completed with permits in 2020 — this investment property offers both style and practical design. With fully separate heating and cooling systems for each unit and independent gas and hydro meters, tenants will pay and gas and hydro and landlord covers water. The upper unit boasts 3 bedrooms and 1 bathroom, with a bright and open concept layout. The kitchen is a showstopper with quartz countertops, stainless steel appliances, and a breakfast bar with seating that opens to the family and dining rooms. The lower unit offers 1 bedroom plus a den, complete with individual heating controls for each room, wall-mounted AC, and a gas fireplace. The kitchen provides generous storage and countertop space plus a breakfast bar. Metal roof plus both units feature in-suite laundry and a double-wide driveway with parking for up to 6 vehicles. The large fully fenced lot features a spacious wood deck for tenants to enjoy and total privacy in the backyard with mature trees plus a car port Located in one of Waterloo’s most desirable neighbourhoods, just steps from transit, close to expressway access, parks, green space, shopping, and all amenities. The upper unit is occupied by an exceptional AAA+ tenant and the lower unit is ready for your own tenant selection or personal use!

Inclusions: None

Building Features:

Floor Space: 2082 Square Feet

Property Features:

Bedrooms: 4
Acres Range: < 0.5
Basement: Walk-Up Access, Full, Finished
Built in: 1974
Construction Materials: Brick
Cooling: Central Air, Ductless, Wall Unit(s)
Driveway Parking: Carport Parking
Floor Space (approx): 2082 Square Feet
Heating: Baseboard, Electric, Fireplace(s), Forced Air, Natural Gas
Interior Features: Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
Laundry Features: In-Suite
Lot Depth: 111 Feet
Lot Features: Pie Shaped Lot, Ample Parking, Park, Public Transit, Schools, Shopping Nearby
Lot Frontage: 40.00 Feet
Roof: Metal
Water Source: Municipal
Zoning: SR1-10
Sewer: Sewer (Municipal)
No. of Parking Spaces: 6

Courtesy of: C M A REALTY LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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Market Price Trends

All Properties

3.33%

Price change (1 year)

33.56%

Price change (5 years)

Location of 357 Grangewood Drive, Waterloo, ON, N2K 2E4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 357 Grangewood Drive , experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past

30.7℃

2050

34.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 357 Grangewood Drive , experiences 11 significant 2-day storms per year, with about 318.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 394.9mm of precipitation per year.

Precipitation Per Storm

Past

318.2mm

2050

394.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 357 Grangewood Drive, Waterloo, ON, N2K 2E4

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$123,385.77

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.5 %

High school certificate or equivalent

28.68 %

Apprenticeship trade certificate/diploma

6.86 %

College/non-university certificate

23.55 %

University certificate (below bachelor)

1.62 %

University Degree

26.79 %

Commuter

Travel To Work

By Car

93.89 %

By Public Transit

3.63 %

By Walking

0.1 %

By Bicycle

0.0 %

By Other Methods

2.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.56 %

Houses

93.44 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

All Properties

Location of 357 Grangewood Drive, Waterloo, ON, N2K 2E4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 357 Grangewood Drive, Waterloo, ON, N2K 2E4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

357 Grangewood Drive, Waterloo, ON, N2K 2E4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing