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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 18 days

    Unit 18 — 249 Cedarbrae Avenue

    Waterloo, ON·N2L 4S8·Near NORTHFIELD DR W/WEBER/GLEN FORREST

    • 2 beds
    Waterloo real estate›X13227070
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 1, 2026ListedCurrentFor sale$349,900 —X13227070This page
    Mar 11, 2026Previously listedExp$349,900 —X12879958View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Baseboard
      Air conditioning
      None
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 18 — 249 Cedarbrae Avenue
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,719
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $188
    0.65% mill rate · ON
    The market

    How this home sits in the Waterloo market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Waterloo market right now

    Average sold price, days on market, and closed-transaction count for Waterloo — sourced from MLS®.

    • Avg sold price
      $778,179
      Last 30 days
    • Median sold price
      $709,500
      Middle of the market
    • Days on market
      27 d
      Avg from list to close
    • Closed last 30d
      308
      MLS® transactions
    Full Waterloo market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 18 — 249 Cedarbrae Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 18 — 249 Cedarbrae Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 18 — 249 Cedarbrae Avenue listed for?

      Unit 18 — 249 Cedarbrae Avenue is listed at $349,900 on the MLS® (listing X13227070). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 18 — 249 Cedarbrae Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 1 bath
  2. 900-999 sqft
  3. Condo Townhouse
  4. Asking
    $349,900
    $0 / sqft · MLS® X13227070
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $568,071
    $522,625Confidence range$613,516
    Asking vs estimate
    ↓below
    −$218,171
    (-38.4%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Waterloo sell in about 27 days — this one has been listed 18 days.

    Avg sold price
    $778,179
    Median sold
    $709,500
    Avg days on market
    27
    Recently sold
    308
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
  6. 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.
  7. 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.
  8. Ideally located close to both universities, Sobeys, Conestoga Mall, public transit, and the LRT, with easy access to the Expressway.
  9. Perfect for a first home or investment property, this condo townhouse also includes exterior maintenance in the condo fees and one dedicated parking space.
  10. Ask Zara a follow-up

    Parking & garage

    3
    Garage
    None
    Parking spaces
    1
    Driveway
    1
  11. Interior

    4
    Basement
    Partially Finished, Walk-Out
    Family room
    N
    Kitchens
    1
    Total rooms
    5
  12. Exterior & construction

    5
    Exterior
    Aluminum Siding, Brick
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Patio
    None
    Balcony
    None
  13. Lot & land

    1
    Zoning
    RMU-20
  14. Listing & possession

    3
    Occupancy
    Immediate
    Property style
    2-Storey
    Property class
    Condo Townhouse
  15. Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $471
    per month
    Maintenance fee includes
    • Water
    Building details
    • Unit18
    • Storeys (building)1
    • ExposureEast
    • LockerNone
    • Parking typeReserved/Assigned
    • Pet policyYes-with Restrictions
    • Ensuite laundryN
    • Condo corpWNCC
    • Corp #50
    • Property managerWilson Blanchard
    Combined estimate
    $1,907
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,719
    /mo
    based on the purchase price of $349,900
    $69,980 cash
    $279,920 financed
    $235,766 total interest
    Monthly payment$1,719/ month
    Principal54%$279,920
    Interest46%$235,766

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo townhouses that just sold in Waterloo

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 330 Dearborn Boulevard
      Sold
      Sign in for price
      330 Dearborn Boulevard
      Condo Townhouse
    • 121 University Avenue
      Sold
      Sign in for price
      121 University Avenue
      Condo Townhouse
    • 496 Beechwood Drive
      Sold
      Sign in for price
      496 Beechwood Drive
      Condo Townhouse
    • 545 Laurelwood Drive
      Sold
      Sign in for price
      545 Laurelwood Drive
      Condo Townhouse
    • 271 Grey Silo Road
      Sold
      Sign in for price
      271 Grey Silo Road
      Condo Townhouse
    • 250 Keats Way
      Sold
      Sign in for price
      250 Keats Way
      Condo Townhouse
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 18 — 249 Cedarbrae AvenueThis home2 / 1900,999$349,900ask———
    330 Dearborn Boulevard3 / 31,400—
    121 University Avenue4 / 31,400—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo townhouses in Waterloo

    Active listings within ±20% of this asking price.

    • 255 Northlake Drive
      $399,900
      255 Northlake Drive
      Condo Townhouse 3 2
    • 316E Bluevale Street
      $399,900
      316E Bluevale Street
      Condo Townhouse 2 2
    • 224F Harvard Place
      $325,000
      224F Harvard Place
      Condo Townhouse 2 1
    • 133 Park Street
      $369,800
      133 Park Street
      Condo Townhouse 1 1
    • 139 Brighton Street
      $329,000
      139 Brighton Street
      Condo Townhouse 2 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY · displayed on Summitly per MLS® data-share rules

    Unit 18 — 249 Cedarbrae Avenue is a 2-bedroom, 1-bath, 900-999 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was Unit 18 — 249 Cedarbrae Avenue built?

    The year built for Unit 18 — 249 Cedarbrae Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  21. What is the property tax for Unit 18 — 249 Cedarbrae Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 18 — 249 Cedarbrae Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on Unit 18 — 249 Cedarbrae Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $349,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has Unit 18 — 249 Cedarbrae Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 18 — 249 Cedarbrae Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is Unit 18 — 249 Cedarbrae Avenue in?

    Unit 18 — 249 Cedarbrae Avenue is in Waterloo, Waterloo. The 'Neighbourhood' section below links to the live Waterloo real estate hub with average sold price, days on market, and current inventory.

  25. Is Waterloo a good place to live?

    Waterloo is one of ON's actively-tracked Summitly markets. The full Waterloo real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 496 Beechwood Drive
    2 / 4
    1,400
    —
    545 Laurelwood Drive3 / 31,200—
    271 Grey Silo Road4 / 41,800—
    250 Keats Way3 / 31,200—