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. Dont miss your chance to own this bright, spacious, and versatile home in a sought-after area. Book your showing today!
For sale
C$549,000
405 Keats Way #2, Waterloo, ON N2L 5S7
5beds
3baths
Townhouse
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$590/mo HOA
What's special
Spacious homeModern kitchenPrivate patioOversized bedroomsGenerous closet spaceFully finished basementFull kitchen
- 27 days
- on Zillow |
- 27 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 12:10pm
Listed by:
ROYAL LEPAGE CERTIFIED REALTY
Source: TRREB,MLS®#: X12275477
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Laundry: Ensuite
Features
- None
- Basement: Apartment,Finished
- Has fireplace: No
Interior area
- Living area range: 1200-1399 null
Property
Parking
- Total spaces: 1
- Parking features: Garage, Carport
- Has garage: Yes
- Has carport: Yes
Features
- Stories: 2
Lot
- Features: Cul de Sac/Dead End, Library, Park, Public Transit, School, School Bus Route
Details
- Parcel number: 230490045
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Brick
Community & HOA
HOA
- Amenities included: BBQs Allowed, Visitor Parking
- Services included: Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
- HOA fee: C$590 monthly
- HOA name: WNCC
Location
- Region: Waterloo
Financial & listing details
- Annual tax amount: C$2,914
- Date on market: 7/10/2025
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