501 GLENELM Crescent

About this home.

Perfect First Home or Turnkey Investment – 5 Bedroom Beauty with Income Potential! 5BR Income-Generating Link Home! Live Upstairs & Rent 2BR Basement (Separate Entrance) to Offset Mortgage! Feels Like Detached w/ Private Drive & Backyard Oasis (Deck, Gazebo)! Renovated, Move-In Ready, Prime Location Near Schools, Transit & More! This beautifully 5-bedroom link home offers the perfect blend of comfort, privacy, and financial upside. This Link House Looks Like A Small Detached With Its Own Private Driveway And Backyard. Nice Landscaping. Backyard Separated By A Privacy Fence, Patio Stones & Gazebo, Wooden Deck. Prime Location Very Close To University, Buses, Shopping Plazas, Expressway, Conservation Parks, Schools. Water Softener & New Tankless Water Heater Owned. Gazebo, Fridge, Freezers, Stove, Washer, Dryer, Microwave included. Total sqft is more than 1700(including finished basement area) Situated in a highly sought-after area close to universities, transit, shopping, highways, parks, and schools—making it attractive for both homeowners and tenants. (id:59491)

The full record.

How this listing prices against Glenridge/Lincoln Heights.

Glenridge/Lincoln Heights posted 10 sales and 31 active listings, giving buyers a fair amount of choice in a market that leaned softer than Waterloo overall. The average price came in at $622,880, well below the city average, while homes took nearly 35 days to sell and closed at 92.29% of list, showing more negotiation than most Waterloo neighbourhoods. Activity was split between 6 freeholds and 4 condos, and the price gap between those segments is wide enough to make this one of the more mixed markets in the city right now. Overall, this looks like a value-oriented area where pricing discipline matters.

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