$2,150,000 - 244 Waterloo Avenue, North York
Detached for Sale in North York
100 days on market- MLS Number
- C12761456
- Property Type
- Detached
- Status
- active
- Days on Site
- 100
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- North York (Bathurst Manor / Clanton Park)
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Welcome to 244 Waterloo - Estate-Scale Living on One Leve lSet on an exceptional 83 ft double-wide lot, 244 Waterloo offers a rare combination of frontage, scale, and flexibility in Toronto's competitive market. With nearly 6,000 sq ft of total living space, this expansive bungalow lives like a full two-storey home - all on one level. The main floor features oversized principal rooms, generous entertaining areas, and four well-proportioned bedrooms, delivering true family-scale living without the inconvenience of stairs. It's an ideal layout for large families, multigenerational households, or downsizers seeking space without compromise. The fully finished lower level significantly expands the home's versatility, featuring a private entrance and a self-contained one or two-bedroom apartment complete with its own kitchen and living space. Perfect for extended family, guests, live-in support, or rental income, it offers immediate functionality and long-term flexibility. The combination of an 83 ft double-wide lot and nearly 6,000 sq ft of finished space is extraordinarily rare in Toronto. Whether enjoyed as a refined family residence or held for future potential, 244 Waterloo represents a unique opportunity to secure land, scale, and adaptability in a market where true width and interior volume are increasingly scarce.
Estimate your monthly payments for this property
Estimated Payment
$9,510.18/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover North York (Bathurst Manor / Clanton Park)
North York (Bathurst Manor / Clanton Park) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in North York (Bathurst Manor / Clanton Park)
- •Convenient location in North York (Bathurst Manor / Clanton Park)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
North York (Bathurst Manor / Clanton Park) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
244 Waterloo Avenue, North York (Bathurst Manor / Clanton Park)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $717/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 100 days on site, this property has exceeded the typical selling timeline for North York. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in North York are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in North York.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.