24 AUSTIN Drive

About this home.

Priced to sell prime Purpose-Built Triplex in Waterloo! This all-brick, purpose-built triplex features three spacious, independent units, each with 4 bedrooms, a full 4-piece bathroom, a kitchen, and a large living room. All 12 bedrooms have large windows that fill the space with natural light. A fantastic opportunity for investors or an owner-occupier looking to live in one unit while generating rental income from the other two. Two of the three units, along with the common areas, have been fully renovated in the past few years, enhancing the property's appeal and value. Additional features include ample private parking in the rear and driveway, on-site coin-operated laundry, Updated New heating system (2012), Driveway (2011), Windows (2009), Roof (2005)., making it a turnkey investment. (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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