510 OAKRIDGE Place, WATERLOO

2026-08-17
 

Quick Summary

Location
510 OAKRIDGE Place, WATERLOO, Ontario N2L4P2
Price
$890,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1766 sqft
Bedrooms:
3
Bathrooms:
2
Garages:
3
Year of Construction:
1974

MLS®#40855405

Property Description

Welcome to this exceptional bungalow featuring two legal units, offering a fantastic opportunity for homeowners, investors, or multi-generational families. Located in the desirable Old Lakeshore neighbourhood, this well-maintained property combines comfortable living, excellent rental potential, and an impressive 8’ x 20’ Swim Spa. The home has been thoughtfully updated over the years, including a newer electrical panel and plumbing, a 2020 furnace and A/C, a 2020 on-demand water heater, a 2019 asphalt driveway, an updated, newly legal 1-bed basement unit, a garage door, eavestroughs and fascia, plus an updated steel roof. The front porch and fully fenced backyard were newly completed this year. The bright primary bedroom features sliding-door access to a new deck surrounding the Swim Spa, creating a private and relaxing outdoor oasis. The fenced yard, complemented by privacy curtains and mature trees, offers excellent potential to create your own backyard retreat. A large storage shed provides additional convenience. Inside, the spacious updated kitchen is ideal for anyone who loves to cook, featuring stainless steel appliances, a gas stove, oversized refrigerator, deep sink, and an extra-large peninsula countertop. The updated main-floor bathroom includes convenient laundry and a walk-in shower. The living room is filled with natural light through a large picture window overlooking the peaceful cul-de-sac. Downstairs, the legal 1 beds basement provides a gas fireplace, modern kitchen, additional bedroom, and full bathroom. It is ideal for independent living and also offers excellent potential as a stable rental unit, providing an additional source of rental income for the property. Enjoy a fantastic location close to Laurelwood Conservation Area, the University of Waterloo, and the LRT, while being within walking distance of schools, public transit, and shopping. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Schools, Shopping

Building

  • Appliances: Water softener, Garage door opener
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Cooling Type: Central air conditioning
  • Exterior Finish: Vinyl siding
  • Fireplace: No
  • Interior Size: 1766 sqft
  • Building Type: Duplex
  • Stories: 1
  • Utility Water: Municipal water

Features

  • Feature: Sump Pump

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: SR1-10

Information entered by Royal LePage Peaceland Realty
Listing information last updated on: 2026-08-24 21:22:22


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