Share
$999,900
Ontario,Waterloo
For Sale Active
701 UNIVERSITY Avenue E, Waterloo, Ontario N2K3V1
  • 6
  • 5
  • 4,340 Sqft
Basic Details
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 with 2pc bath—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:62650)

Read More
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 40761501
  • Price: $999,900
  • Bedrooms: 6
  • Bathrooms: 5
  • Half Bathrooms: 2
  • Square Footage: 4,340 Sqft
  • Year Built: 1995
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 103841
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: Central air conditioning
  • Basement: Full, Partially finished
  • Fence: Partially fenced
  • Fireplace: Wood, Other - See remarks
  • Parking: Attached Garage
  • Architectural Style: 2 Level
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Electricity, Cable, Telephone
  • Fireplaces Total: 2
Address Map
  • Location: CA, Ontario, Waterloo, 120 - Lexington/Lincoln Village, N2K3V1
  • Street: UNIVERSITY
  • Street Number: 701
  • Street Suffix: Avenue
  • Longitude: W81° 30' 20.7''
  • Latitude: N43° 30' 6''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 0.382
  • Stories: 2.0
Financial
  • Tax Annual Amount: 8712
Powered by REALTOR.ca
Listing updated: 2025-09-21 19:50:17
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Similar Properties
Listing Information
  • List Agent Key: 2086058
  • List Office Key: 103841
  • Modification Timestamp: 2025-09-14T18:10:57Z
  • Originating System Name: Cornerstone Association of Realtors
  • Status Change Timestamp: 2025-09-14T17:59:49Z
Powered by REALTOR.ca
Listing updated: 2025-09-21 19:50:17

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!