824 Erbsville Rd, Waterloo

Kitchen - 824 Erbsville Rd, Waterloo, ON N2J3Z4 Photo 1

7 Photos

Dining room - 824 Erbsville Rd, Waterloo, ON N2J3Z4 Photo 2
Living room - 824 Erbsville Rd, Waterloo, ON N2J3Z4 Photo 3
Bedroom - 824 Erbsville Rd, Waterloo, ON N2J3Z4 Photo 4
Kitchen - 824 Erbsville Rd, Waterloo, ON N2J3Z4 Photo 5
Living room - 824 Erbsville Rd, Waterloo, ON N2J3Z4 Photo 6
Bedroom 2 - 824 Erbsville Rd, Waterloo, ON N2J3Z4 Photo 7
  • Bedrooms: 3
  • Bathrooms: 2
  • MLS®: x8253692
  • Type: Residential
  • Added: 13 days ago

Property Details

Step into a remarkable opportunity in Waterloo! Nestled on a picturesque corner, this detached double brick yellow home stands as a beacon of future development potential. Boasting a generous 2.27 acres of land, this prime piece of real estate offers a rare chance to own a slice of the future. While the home requires some TLC, it offers three bedrooms, two full baths, and 3400 sqft catering to families or individuals seeking versatile living spaces. With room for both combined and separate living areas, there's flexibility to suit various lifestyles. Some recent updates include: roof (2023), furnace (2022), AC (2022). The bonus here is the massive steel arch structure great for a workshop, equipment storage and more equipped with water and heated flooring. Beyond the dwelling lies a vast expanse of land awaiting transformation. Whether you're an investor with an eye for opportunity or a builder with grand visions, this property offers future possibilities for expansion and development. Currently zoned FD and allows for future low/medium density as per the official plan. Imagine the potential for luxury estates or modern townhomes, all set against the backdrop of Waterloo's thriving landscape. Don't miss out on this extraordinary chance to make your mark in Waterloo's ever-evolving community. (id:1945)

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Property Information

  • Sewer: Septic System
  • Cooling: Central air conditioning
  • Heating: Forced air, Propane
  • Stories: 2
  • Tax Year: 2024
  • Basement: Unfinished, Full
  • Photos Count: 7
  • Parking Total: 10
  • Bedrooms Total: 3
  • Structure Type: House
  • Common Interest: Freehold
  • Tax Annual Amount: 5916.78
  • Exterior Features: Brick
  • Lot Size Dimensions: 591.18 x 60 FT
Room Dimensions
Type Level Dimensions
Kitchen Main level
Dining room Main level
Living room Main level
Bedroom Main level
Kitchen Second level
Living room Second level
Bedroom 2 Second level
Bedroom 3 Second level
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members of The Canadian Real Estate Association

Nearby Places

Name Type Address Distance
Sir John A. Macdonald Secondary School (Waterloo, Ontario) It opened in September 2004 and provides both acad... 2.0 km
Sir John A. MacDonald Secondary School School 650 Laurelwood Dr 2.0 km
Sunfish Lake (Ontario) It is one of a few meromictic lakes in Ontario, th... 2.3 km
CIKZ-FM The station is owned by Rogers Media which also ow... 3.9 km
Heidelberg Restaurant Tavern & Motel Restaurant 3006 Lobsinger Line 4.0 km
Institute for Quantum Computing The institute is now located in the Mike & Ophelia... 4.5 km
Institute for Quantum Computing University 475 Wes Graham Way 4.5 km
Mackenzie King Village It was named in honour of Canada’s longest serving... 4.9 km
CKMS-FM ... 5.2 km
St. Paul's University College Paul's United College) is an affiliated institutio... 5.3 km
Museum of Vision Science It has free admission, and is open during weekdays... 5.3 km
Renison College University 240 Westmount Rd N 5.4 km
Similar Houses Stat in Waterloo
We have found 6 Houses that closely match the specifications of the property located at 824 Erbsville Rd with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,950,000 and 2,495,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N2J3Z4 postal code area of Waterloo Ontario Canada.
824 Erbsville Rd mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 824 Erbsville Rd. The current price of the property is $2,999,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,399,920. This would result in a monthly mortgage payment of $14,028 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 10
Certificate of Qualification 20
College 20
University degree at bachelor level or above 10

Neighbourhood Marital Status Stat

Married 220
Widowed 15
Separated 15
Never married 185
Living common law 105
Married or living common law 320
Not married and not living common law 220

Neighbourhood Construction Date

1961 to 1980 35
1981 to 1990 40
1991 to 2000 45
2001 to 2005 25
2006 to 2010 30
Comparison of 824 Erbsville Rd, Waterloo, ON with Nearby Houses
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Kitchener Real Estate 709 $947.051
Guelph Real Estate 370 $941.540
Fergus Real Estate 51 $860.043
Stratford Real Estate 96 $961.342
Cambridge Real Estate 412 $1.018.897
Huntsville Real Estate 180 $960.973
Halton Hills Real Estate 149 $1.748.839
Erin Real Estate 72 $2.302.221
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London Real Estate 1717 $931.288
Burlington Real Estate 770 $1.567.466
Mississauga Real Estate 1373 $1.340.712
Milton Real Estate 389 $1.780.540
Oakville Real Estate 846 $1.965.630
Caledon Real Estate 315 $2.346.725
Brampton Real Estate 1146 $1.218.250
Vaughan Real Estate 746 $1.636.360
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