Listed by Royal Lepage Signature Realty.

194 Cedarbrae Avenue is a Detached, Bungalow-Raised and is currently for Sale @ $799,999. Taxes in 2024 were $4,301.07.

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Attention Homeowners and Investors! Rare opportunity to own this beautifully 3+3 bedrooms home with significant income potential. The Bungalow-Raised on 194 Cedarbrae Avenue has 3 bedrooms, 2 bathrooms, and is located on a 125 x 52 ft lot in the community of . This stunning home sits on a huge 52x125 ft lot where your family can live in one unit and rent out the other separate unit to offset your mortgage. The fully finished walk-out basement with a separate entrance and above-grade windows offers excellent additional income potential with its own kitchen, bathroom and laundry room. 10 min bus ride to University of Waterloo, flexibility to use as a high-income student rental generating significant positive cash flow. Conveniently located, you'll find yourself close to shopping, schools, parks, LRT, and public transit. With easy access to highways, community centers, conservation areas, and prestigious universities, this home perfectly balances suburban tranquility with urban convenience. Digitally staged for illustration purposes only. Perfect for a variety of buyers: first-time homeowners seeking a large lot, parents looking for a prime location and a meticulously maintained home for their university-bound children, or investors targeting a strong rental market with future development opportunity - this property checks all the boxes. Whether you are an investor seeking high cash flow or a homeowner looking for a mortgage helper, this property is a must-see! Don't miss your chance to own this impeccable home. Schedule your showing today and make your homeownership dreams a reality!

2 Refrigerators, 2 Stoves, 2 Washers, 2 Dryers

The address 194 Cedarbrae Avenue was listed for sale (MLS# X12155430) on Friday, May 16, 2025.