405 Keats Way 2
Waterloo, ON N2L 5S7
Listing brokerage: REALTY 21 INC.
Asking price
$499,000
Key facts
- Condo THProperty type
- 5Bedrooms
- 3Bathrooms
- 1 spaceParking
- 1,300 sq ftLiving space
- Sep 28, 2026Listed
- 42 daysOn market
- X13834666MLS® number
About this home
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. Don't miss your chance to own this bright, spacious, and versatile home in a sought-after area. Book your showing today!
Price history
- Listed$499,000
Location
405 Keats Way 2, Waterloo
Schools & transit
School locations and boards shown from open data. We do not publish rankings; any future scores will be sourced, dated and shown factually.
Nearby schools
- Centennial (Waterloo) Public SchoolWaterloo Region DSB · Elementary · 443 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- Mary Johnston Public SchoolWaterloo Region DSB · Elementary · 745 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
- Keatsway Public SchoolWaterloo Region DSB · Elementary · 776 m in a straight lineBoundary data unavailable for this board — we don't guess catchment lines.
Nearby transit
Lines nearby: 17, 25, 30
- University of Waterloo TerminalGO Transit · 2.2 km in a straight line · about 27 min walk (estimate) · 17, 25, 30
- Wilfrid Laurier UniversityGO Transit · 2.9 km in a straight line · about 37 min walk (estimate) · 17, 25, 30
- University Ave. E. @ Weber St. N.GO Transit · 3.6 km in a straight line · about 45 min walk (estimate) · 17, 25, 30
Sources
- Contains information licensed under the Open Government Licence – Ontario. Source: Ontario Ministry of Education.
- Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service.
MLS® #X13834666
Last updated Sep 28, 2026
MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA)/the applicable board and identify the quality of services provided by real estate professionals who are members.
Listing data is provided under licence by the Toronto Regional Real Estate Board and is deemed reliable but not guaranteed accurate.



