493 BEECHWOOD Drive Unit# 4

About this home.

OPEN THIS SUN, JULY 12TH, 1 TO 3! Exceptional Value in Beechwood Villas! Resort-style living in one of Waterloo's most sought-after communities. Here's your opportunity to update this well-maintained home to your own taste and style while creating instant equity—all while enjoying an unbeatable location and carefree lifestyle. Leave the snow shoveling and grass cutting behind. Lock the door and head south for the winter, or unwind on your stunning private terrace overlooking beautifully landscaped grounds, a sparkling in-ground pool, and private tennis courts—amenities rarely found at this price. This bright, original-owner 2-bedroom, 2-bathroom townhome offers 1,283 sq. ft. of comfortable living space. The inviting main floor features a cozy wood-burning fireplace, spacious living and dining areas, and sliding doors leading to your oversized terrace with peaceful courtyard views. The sunny eat-in kitchen offers the perfect opportunity to create the kitchen you've always envisioned. Upstairs you'll find two generous bedrooms, including a spacious primary retreat with a walk-in closet and cheater ensuite. The finished lower level adds a versatile rec room, laundry, abundant storage, and direct access to the attached garage. Located in a quiet, well-managed, pet-friendly, BBQ-friendly community, you're just minutes from The Boardwalk, Costco, Sobeys, restaurants, medical centres, parks, walking trails, top-rated schools, both universities, Uptown Waterloo, and major highways. First time ever offered for sale! The $624.23/month condo fee delivers exceptional value, covering building insurance, exterior maintenance, roof, windows, doors, water, landscaping, snow removal, parking, private garbage removal, common elements, and professional management—providing true worry-free living so you can spend more time enjoying the beautifully maintained grounds, in-ground pool, tennis courts, and the lifestyle you've earned. (id:59491)

The full record.

How this listing prices against Beechwood/University.

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

Estimate the monthly carry.