HN
185 Middlebury Drive, Waterloo, ON N2T 2H8, Waterloo, ON
+19 photos
$650,000

185 Middlebury Drive, Waterloo, ON N2T 2H8, Waterloo, ON

Waterloo, ON N2T 2H8
3 beds 2 baths Detached

About this home

Welcome to 185 Middlebury, a beautifully maintained single detached home set on an oversized lot with exceptional privacy and over $100,000in upgrades by the current owners. From the moment you arrive, you will appreciate the home's positioning on the street, its inviting curb appeal, and the added space of the generous side yard with open greenspace across the road as well as a baseball diamond. The main floor offers a functional and welcoming layout with a bright updated eat in maple kitchen featuring quartz countertops and a tile backsplash, with space to easily double as a work from home nook if desired. A formal dining area provides the perfect space for hosting, while the open concept living room is filled with natural light and designed for everyday comfort. Upstairs, you will find spacious bedrooms, two of which feature closet organization systems, along with a well appointed full bathroom. The fully finished basement extends the living space with a large rec room ideal for movie nights, a dedicated gym area, and a three piece bathroom, making it a great option for guests or extended family. The backyard is a true highlight of the property, featuring a spacious composite deck, a large hot tub, and mature trees that provide a private and peaceful setting. It is an ideal space for summer entertaining, barbecues, or simply relaxing outdoors. Significant updates include a new roof in 2022, as well as a recently purchased hot water heater and water softener, offering the added benefit of no rental items. Located in a highly desirable neighbourhood, this home is within walking distance to the Boardwalk, great schools, parks, and amenities, making it an excellent opportunity for families and professionals alike. You're going to love this one - shows AAA! Book your private showing today!

Property Score

63/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
78/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
82/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
80% of city avggreat
Priced below Waterloo's average of $815,000.
Appreciation Trend
+1.8%/yrgreat
Waterloo has seen +1.8% YoY price change.
Monthly Cash Flow
-$1,555/mopoor
Estimated -$1,555/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.74%fair
Net operating income divided by purchase price.
Basement Suite Potential
Buildablegreat
Strong potential for a legal basement suite - could add ~$1,590/mo.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13086592
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.