704 Black Cherry Street in Waterloo: House for sale : MLS®# X12349833
Searching for houses for sale in Waterloo? This thriving southwestern Ontario city blends the charm of suburban life with the energy of a tech-driven economy, making it a smart place to live, invest, and raise a family.
!!!! LEGAL DUPLEX WITH SEPARATE ENTRANCE !!!!! POTENTIAL INCOME PROPERTY!!!!! Welcome to this stunning detached home in the highly desirable Columbia Forest community of Waterloo. Offering 1820 sqft of above-ground living space, plus a legal basement apartment. This home delivers the perfect combination of comfort, style & income potential. Main floor boasts a functional open layout with a spacious living room that flows into the dining area, creating a warm, inviting space for everyday living & entertaining. The well-appointed kitchen features stainless steel appliances, quartz countertops & ample cabinetry with walkout to private backyard ideal for hosting summer BBQs or relaxing in the sun. Main floor laundry add to the convenience. The primary suite is a true retreat, complete with a 5-piece ensuite Washroom & large walk-in closet. 2 additional bedrooms & a second full bath provide plenty of space for family, guests, or a home office. The highlight of this property is the fully legalized basement apartment with a sep. entrance, designed to generate reliable rental income or provide an ideal living space for in-laws or extended family. This bright & spacious unit includes a living room, a well-equipped kitchen, a bedroom, a 4-piece bathroom & its own private laundry area. Great Help to offset your mortgage or build long-term equity through rental income. Close to to some of Waterloo's best schools including Vista Hills Public School and Laurel Heights Secondary School. Its just minutes to the University of Waterloo, Wilfrid Laurier University, and all major amenities including shopping, restaurants, public transit, the Boardwalk, Costco, and scenic trails. This home is ideal for families, multigenerational households, investors, or anyone looking for flexible living with income support. With modern finishes, a legal basement suite, and a prime Laurelwood location, it offers exceptional value and pride of ownership throughout.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Total Approx Floor Area:
1500-2000
Depth:
119'36.3 m
Frontage:
32'1"9.79 m
Direction Faces:
East
Bedrooms:
3+1
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
Built-In
Garage Spaces:
1.0
Parking Spaces:
2
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$4,929.54 /
2025
Assessment:
$- /
-
Waterloo
Waterloo
Accessory Apartment
Hot Water Tank
All ELF's, S/S Fridge, S/S Stove, S/S B/I Dishwasher, Washer and Dryer, Basement Appliances (Fridge, Stove, Washer and Dryer)
Data was last updated August 24, 2025 at 07:15 PM (UTC)
Area Statistics
Listings on market:
121
Avg list price:
$999,900
Min list price:
$564,900
Max list price:
$3,250,000
Avg days on market:
40
Min days on market:
1
Max days on market:
597
These statistics are generated based on the current listing's property type
and located in
Waterloo. Average values are
derived using median calculations. This data is not produced by the MLS® system.
• Home to major tech employers like Google and Shopify • Strong public schools, universities, and family-focused amenities • Beautiful parks, trails, and outdoor recreation opportunities • More affordable than the GTA with strong long-term value • GO Transit and Highway 401 access for commuters
What You’ll Find in Waterloo Houses for Sale
Whether you’re shopping for a starter home or a multi-level family house, homes in Waterloo often feature:
• Detached and semi-detached homes with 3-5 bedrooms • Updated interiors, large backyards, and finished basements • Bungalows, split-level, and two-storey layouts • Located near schools, transit, shopping centres, and green space
Exploring Real Estate in Waterloo, Ontario
From new builds in Vista Hills to mature neighbourhoods in Laurelwood, Waterloo offers a variety of home styles and price points to suit every stage of life.
Each link provides updated listings and expert insights.
FAQs – Houses for Sale Waterloo
1. What is the average home price in Waterloo? Prices range from $750,000 to $1.1M for detached homes, depending on location, size, and upgrades.
2. Is Waterloo a good city for families? Yes. Waterloo is known for excellent schools, low crime rates, and plenty of parks and community programs for children.
3. What neighbourhoods are best for buying a house in Waterloo? Top areas include Laurelwood, Beechwood, Vista Hills, and Columbia Forest.
4. Are there new developments in Waterloo? Yes. Waterloo continues to expand, especially in its western communities, offering energy-efficient and smart-home-ready builds.