Salehian.com 647-325-5000

405 Keats Way 2

Waterloo, N2L 5S7

$499,000

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  • 3+2 bedrooms
  • 3 bathrooms
  • 1 parking
  • 1200-1399 sq ft

Listed 22 days ago · MLS® X13834666

About this home

Stunning, Spacious & Income-Generating Gem Minutes from the University! Welcome to this beautifully maintained and incredibly spacious home offering the perfect blend of comfortable family living and exceptional income potential! Boasting 3+2 bedrooms and 3 full bathrooms across three fully finished levels, this home is a rare find in an unbeatable location. Step inside to discover a bright and airy main floor with stylish vinyl flooring throughout the open-concept living room, dining room, and versatile office/family room. The modern kitchen is a chefs dream, complete with a double sink, new range hood, and a brand-new stove to be installed before closing. The kitchen flows seamlessly into the dining area, which walks out to a private patio perfect for morning coffee or evening gatherings. Upstairs, youll find three oversized bedrooms with generous closet space and a full bathroom, offering ideal space for a growing family. Downstairs, the fully finished basement features two additional bedrooms, a full kitchen, and another full bathroom a perfect in-law suite or private rental unit with fantastic income-generating potential. Previously rented for up to $5,000/month, this home offers a lucrative opportunity for investors, first-time buyers, or those seeking to live upstairs and rent out the basement. The home comes with convenient carport parking right outside the unit, plus free visitor parking. The low monthly maintenance fee includes water, parking, landscaping, and snow removal, making this home both budget-friendly and hassle-free. Located just 5 minutes from the University, this is a prime location for students, professionals, and families alike. Whether you're looking for a beautiful place to call home, a high-yield rental property, or the perfect mix of both this house checks all the boxes. Don't miss your chance to own this bright, spacious, and versatile home in a sought-after area. Book your showing today!

Details

Type
Condo Townhouse
Style
2-Storey
Size
1200-1399 sq ft
Basement
Apartment, Finished
Garage
Carport
Kitchens
2
Property tax
$3,280 (2026)
Maintenance fee
$590/month
Municipality
Waterloo
Price per sq ft
$384 (about the same as condo townhouses in Waterloo)

Interior

Bedrooms
3 above ground + 2 below
Bathrooms
1 × 3-piece (main), 1 × 4-piece (second), 1 × 3-piece (basement)
Kitchens
2 (1 below ground)
Rooms
6 above ground + 2 below
Family room or den
Yes
Fireplace
No
Laundry
Ensuite

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
2-Storey
Exterior
Brick

Parking

Garage spaces
1
Total parking
1

Condo

Monthly fee
$590
Fee includes
Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Amenities
BBQs Allowed, Visitor Parking
Exposure
East
Pets
Yes-with Restrictions
Property manager
Weigel Property Management

More

Possession
TBC
Nearby
Cul de Sac/Dead End, Library, Park, Public Transit, School, School Bus Route
Cross street
Keats Way &Fischer-Hallman Rd N

Rooms

RoomLevelSizeFeatures
Living RoomMain3.2 × 3.08 m (10'6" × 10'1")Combined w/Kitchen, Window, Vinyl Floor
KitchenMain2.26 × 2.53 m (7'5" × 8'4")Combined w/Living, Combined w/Dining, B/I Dishwasher
Dining RoomMain2.8 × 3.72 m (9'2" × 12'2")Combined w/Kitchen, W/O To Deck, Combined w/Office
OfficeMain3.35 × 2.59 m (11' × 8'6")Combined w/Dining, Vinyl Floor
Primary BedroomSecond3.35 × 3.69 m (11' × 12'1")His and Hers Closets, Window, Vinyl Floor
Bedroom 2Second2.96 × 3.5 m (9'9" × 11'6")Double Closet, Window, Vinyl Floor
Bedroom 3Second3.96 × 2.59 m (13' × 8'6")Double Closet, Window, Vinyl Floor
Bedroom 4Basement
Bedroom 5Basement

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

  • 🚇 University of Waterloo LRT2.1 km
  • 🚇 Laurier - Waterloo Park LRT2.1 km

Within a 10-minute walk: 2 grocery stores, 3 cafés and restaurants, 9 parks, 1 pharmacy. Nearest grocery: Zehrs (500 m). Nearest park: Regency Park (550 m).

Schools nearby

Elementary

  • Mary Johnston Public School
    EQAO: Gr 6 reading 98%, math 72%    10 min walk
  • Keatsway Public School
    EQAO: Gr 6 reading 84%, math 50%    13 min walk
  • Holy Rosary Catholic Elementary School Catholic
    EQAO: Gr 6 reading 92%, math 58%    1.4 km
  • Westvale Public School
    EQAO: Gr 6 reading 87%, math 42%    1.5 km

Secondary

  • Centennial Public School7 min walk
  • Resurrection Catholic Secondary School Catholic
    EQAO: Gr 9 math 57%, literacy test 90%    2.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2L

Owners / renters
37% / 63%
Median household income
$69,500
Average age
37
Children under 15
11%
Homes
29% detached, 40% high-rise
Commute by transit
12%
Population
37,953

Languages spoken most at home besides English: Mandarin 5.5%, Arabic 1.4%, Hindi 0.9%, Punjabi (Panjabi) 0.9%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 5 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REALTY 21 INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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