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For Sale
Just Listed

249 Cedarbrae Avenue 18 #18

Waterloo, ON
$349,900
2Bd
1Ba
950+sqft
1Parking
$368/sqft
Condo TownMLS# X13227070Listed 2026-06-022 DOM
Heating
Water Heater Owned
Basement
Partially Finished

Just listed! New listings in Waterloo often receive offers within the first week.

About this home

FANTASTIC STARTER HOME OR INVESTMENT IN A PRIME WATERLOO LOCATION. Welcome to #18 -249 Cedarbrae Avenue, Waterloo, an excellent opportunity to enter the real estate market as a first-time buyer or investor. The main floor features a spacious living room and an updated galley-style kitchen with plenty of freshly refreshed cabinetry, open to the dinette for easy everyday living. Upstairs, you'll appreciate the generous primary bedroom with a walk-in closet, along with a 2nd spacious bedroom and a beautiful 4pc bathroom completing the upper level. The partly finished basement offers additional space ready for your personal finishing touches, with a rough-in for a bathroom, and a separate entrance to a common hallway provides direct access to the basement, a unique and valuable bonus. Ideally located close to both universities, Sobeys, Conestoga Mall, public transit, and the LRT, with easy access to the Expressway. The public library, Columbia Lake, Laurel Creek Conservation Area, parks, shopping, and restaurants are all nearby, making this an incredibly convenient and desirable location. Perfect for a first home or investment property, this condo townhouse also includes exterior maintenance in the condo fees and one dedicated parking space. Virtually staged.

Features

  • Water Heater Owned
  • Partially Finished
  • Walk-Out
  • None
  • 2-Storey

Financials

Annual Taxes
$2,260

Estimated Rental Income

Entire property$2,600 – $3,500/mo
Rental yield8.9% – 12.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Waterloo

Days on market2 days
Buyer's MarketSeller's Market

Based on active listings in Waterloo. Data updates daily.

Our estimate for this home

Priced 11.7% below estimate
Estimated range
$367K$426K
Mid-point $396K · ~$417/sqft
How this listing compares
$367KList · $350K$426K
Medium confidence·Based on 23 waterloo comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$349,900
249 Cedarbrae Avenue 18, Waterloo
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