60 AUSTIN Drive

About this home.

Spacious raised bungalow located in a mature, well-established neighborhood within walking distance of both universities. This 7-bedroom, 2-bathroom duplex features a recently renovated 3-bedroom basement in-law suite with a private entrance—ideal for extended family or rental income. Each unit offers its own in-suite laundry, and a bus stop is conveniently located right at the front door and comes fully furnished a making the property a turn key investment.. The City of Waterloo recently expanded the zoning to SR-6 allowing for possible redevelopment with more density. An excellent opportunity for first-time home buyers or investors looking to enter the market. (id:59491)

The full record.

How this listing prices against Lakeshore/Parkdale.

Lakeshore/Parkdale recorded 8 sales and 56 active listings, so buyers currently have substantial choice relative to recent deal flow. The average sale price was $737,169, below the Waterloo average, but homes sold in 21 days and at 97.09% of list, which is firmer than the inventory count alone would suggest. All completed sales were freeholds, while condo listings remain plentiful without any recent closings. That leaves the neighbourhood split between a functioning detached market and a condo segment still waiting for momentum.

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