Waterloo, N2L 2M5
$850,000
Listed by CORCORAN HORIZON REALTY.
Welcome to 71 Melbourne Crescent, a charming 3-bedroom, 1.5-bathroom bungalow located on a generously sized corner lot in a tranquil residential neighborhood. This property presents a fantastic opportunity for a handyman or anyone eager to embark on a renovation project. The main floor is graced with large windows that fill the space with natural light. The living room features a cozy fireplace, while the kitchen boasts a delightful breakfast nook, a well-designed layout, and ample cupboard space. All three bedrooms are bright and comfortable, sharing a 4-piece bathroom with a stylish tiled backsplash. A separate entrance leads to the walk-out basement, which includes a spacious rec room with a focal wall, a laundry area, a small bathroom, and plenty of potential for additional finished space. Outside, you'll find a large deck on the upper level and a lovely interlocking patio below, ideal for entertaining or unwinding. The expansive flat backyard offers the perfect canvas for creating your dream garden or outdoor retreat. Conveniently located, this home is close to shops, restaurants, and stores, as well as Waterloo Park and KW Hospital. Plus, you're just a block away from the prestigious Westmount Golf and Country Club, enhancing your lifestyle with nearby recreational and leisure opportunities. 71 Melbourne Crescent combines great location, ample space, and renovation potential, making it a promising find for those ready to bring their vision to life.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.