For Sale: 510 Oakridge Place, Waterloo, ON - REW
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$890,000
3 bd • 2 ba • 1766 sf • Multifamily
510 Oakridge Place
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$890,000
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510 Oakridge PlaceWaterloo, ON, N2L 4P2

  • 3 Bed
  • 2 Bath
  • 1766 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Li Zhang, Salesperson, Royal LePage Peaceland Realty

Home facts and features

Price details
List Price
$890,000
Get Pre-Approved
Gross Taxes for 2026
$4,755
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
3
Parking Details
Attached Garage
Property Type
Multifamily
Depth
Frontage
40.0 feet
Year Built
Built in 1974 (52 yrs old)
Title
Freehold
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full
Features
Sump Pump
Appliances
Garage door opener, Water softener
Agent details
Primary Agent
Li Zhang
Primary Broker
Royal LePage Peaceland Realty
Listing details
Days on REW
2 Days
MLS® Number
40855405
Source
Canadian Real Estate Association
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25 Years
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Property Insights

N A MacEachern Public School
  • Public
  • JK - 6
Sir Edgar Bauer Catholic Elementary School
  • Catholic
  • JK - 8
Cedarbrae Public School
  • Public
  • JK - 6
Northlake Woods Public School
  • Public
  • JK - 8
Winston Churchill Public School
  • Public
  • JK - 6
St David Catholic Secondary School
  • Catholic
  • 9 - 12
Laurelwood Public School
  • Public
  • JK - 8
Waterloo Collegiate Institute
  • Public
  • 9 - 12
St Nicholas Catholic Elementary School
  • Catholic
  • JK - 8
Centennial (Waterloo) Public School
  • Public
  • 7 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Li Zhang
Phone:
(226) 666-9766
Cell:
519-721-7871
Office:
226-666-9766
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