HN
42 Shanley Street, Waterloo, ON N2H 4N9, Waterloo, ON
+19 photos
$649,900

42 Shanley Street, Waterloo, ON N2H 4N9, Waterloo, ON

Waterloo, ON N2H 4N9
3 beds 3 baths Detached

About this home

Welcome to 42 Shanley St., an updated century home in the heart of Downtown Kitchener with original charm preserved and investment potential with basement apartment. Inside this 3 bed, 3 bath home is laminate flooring with original wood trim to keep the cozy feel of the Victorian era. Enjoy family dinners and friendly gatherings in the gorgeous dining room with large windows surrounding to let in the natural light. From the welcoming living room is the bright eat-in kitchen where you'll find the hall to the main floor laundry and powder room as well as access to your private fully fenced backyard, perfect for relaxing or gardening. Upstairs there is a 4 pce main bathroom and 3 spacious bedrooms including the master with its own private balcony where you can enjoy the peaceful tranquility of the lush, treed yard. As a bonus you will absolutely love the finished loft - use it as an office, a family room or 4th bedroom! Downstairs in the full size, fully finished basement is a perfect mortgage helper or in-law suite with a 3 pce bath, full kitchen and bedroom area as well as a separate entrance. Don't miss your chance to live in this vibrant neighbourhood between downtown Kitchener and Uptown Waterloo, with convenient transportation such as LRT, bus and Go Train and walkable distance to restaurants and shops.

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® # X13102314
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.