701 University Ave E

For Sale New 9 hours
$999,900
6 beds
4 baths
4,340 Sqft

701 University Ave E

For Sale New 9 hours
$999,900
6 beds
4 baths
4,340 Sqft

Highlights

Key insights

Description

Opportunity Awaits with this custom-built home that uniquely combines SIZE, LOCATION, and VERSATILITY. Set on a 0.38-acre lot backing onto protected green space and zoned R4 for future flexibility, it offers a rare blend of privacy, convenience, and potential. Spanning 3,840 sq. ft. above grade with a partially finished walkout basement offering an additional 2,000+ sq. ft., the home is ideally suited for multi-generational living, creative reimagining, or investment. The traditional layout was thoughtfully designed for family living, featuring a main-floor office, formal living and dining rooms, large laundry/mudroom. An oversized kitchen with cherry wood Olympia cabinetry flows seamlessly into the family room with a wood-burning fireplace and walkout to a large deck with treed views of Kaufman Flats. Upstairs, the expansive primary suite offers a walk-in closet and ensuite with Jacuzzi tub, complemented by four additional bedrooms and a family-sized 4-piece bath—ensuring room for everyone. The WALKOUT LOWER LEVEL is partially finished and ready to be transformed. With three private entrances, a sixth bedroom, and a full bathroom, this level offers exceptional flexibility for an in-law suite, multi-generational quarters, or an income-generating rental. A unique second double-car attached garage with direct access to the basement further enhances the potential for separate living space or home business use. Car enthusiasts, hobbyists, and entrepreneurs will appreciate the rare dual-garage setup: a traditional double-car garage plus a SECOND DOUBLE-CAR GARAGE/WORKSHOP with its own 100-amp service and a full workshop beneath—perfect for trades, creative pursuits, or storage of equipment and vehicles. A rare offering in a prime location with no rear neighbors, greenspace views, and direct trail access—all just minutes from transit, schools, shopping, and parks. This property must be experienced in person to fully appreciate the potential! (id:63267)

Amy Gerakopulos of Right at Home Realty,
#40761501
updated 9 hours ago.
Houseful checked MLS® for data 9 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat type
    Forced air
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    2
  • Fencing
    Partially fenced
  • # parking spaces
    15
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    3
  • # half baths
    1
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    6
  • Has fireplace (y/n)
    Yes
Location
  • Community features
    Community centre
  • Subdivision
    120 - lexington/lincoln village
Lot/ Land Details
  • Lot dimensions
    0.382
Overview
  • Lot size (acres)
    0.38
  • Building size
    4340
  • Listing #
    40761501
  • Property sub type
    Single family residence
  • Status
    Active
Rooms Information metric
  • Full bathroom
    3.962m X 3.404m
    Level: 2nd
  • Bedroom
    3.658m X 3.404m
    Level: 2nd
  • Bathroom (# of pieces - 4)
    2.311m X 3.404m
    Level: 2nd
  • Primary bedroom
    3.962m X 5.182m
    Level: 2nd
  • Bedroom
    3.2m X 3.759m
    Level: 2nd
  • Bedroom
    4.801m X 3.962m
    Level: 2nd
  • Bedroom
    3.454m X 3.962m
    Level: 2nd
  • Bathroom (# of pieces - 4)
    Measurements not available
    Level: Lower
  • Bedroom
    6.731m X 6.731m
    Level: Lower
  • Kitchen
    4.089m X 3.378m
    Level: Main
  • Office
    3.962m X 5.182m
    Level: Main
  • Bathroom (# of pieces - 2)
    Measurements not available
    Level: Main
  • Living room
    5.994m X 4.267m
    Level: Main
  • Laundry
    22'1''
    Level: Main
  • Family room
    6.731m X 4.674m
    Level: Main
  • Breakfast room
    5.918m X 3.378m
    Level: Main
  • Dining room
    3.632m X 4.293m
    Level: Main
  • Foyer
    Measurements not available
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28847434/701-university-avenue-e-waterloo
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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