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Listed 1 month ago

14 Andover Drive

, Woolwich

$998,000

Detached|2-Storey
4 | 3 | 5
About this home

DETACHED UNDER $1M + EXCEPTIONAL MORTGAGE-HELPER POTENTIAL! Welcome to this beautifully renovated, sun-filled 2-storey detached home, ideally positioned on a premium private corner lot in desirable Breslau. Offering the perfect blend of modern luxury, functionality, and income potential, this is an exceptional opportunity for first-time buyers, savvy investors, and multi-generational families alike.The main levels feature a bright, modern open-concept design with premium finishes, a stunning updated kitchen, and convenient independent main-floor laundry. Move-in ready and . updated, the home delivers the lifestyle buyers are looking for today.Then discover the massive, pristine basement-where the most expensive and difficult work has already been completed. A brand-new, structurally complete LEGAL SEPARATE SIDE ENTRANCE and high-efficiency EGRESS WINDOWS make this space ideally positioned for a future 1- or 2-bedroom accessory apartment.The basement also features dedicated plumbing rough-ins for a kitchen and full bathroom, along with separate laundry connections, creating an outstanding foundation for a potential secondary living space and significant rental income potential. With its own side access and the added privacy of a corner-lot, future tenants can enjoy separation from the main residence while you retain your own space.Seller is motivated and this opportunity deserves your attention. Whether you're looking to reduce your mortgage, accommodate extended family, create additional income, or build long-term equity, this property offers flexibility that is increasingly difficult to find.Conveniently located just minutes from Kitchener-Waterloo's major tech hubs, Google, major highways, shopping, and top-rated schools, with everything you need close by.Live beautifully upstairs. Unlock the potential downstairs. Own more home while creating an opportunity to offset your mortgage.Opportunities like this don't come along often

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age6-15
Size2000-2500 sq. ft.
Property Tax$4,902
Lot Size55.19 ft x 105 ft
mls© NumberX13679164
Listed ByKELLER WILLIAMS REFERRED URBAN REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,108
Property tax
$409
Heat allowance
$150
Housing costs
$5,667 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,600
25-yr amortization

Income needed

$174,000

gross annual household income

Payment at 4%
$4,200 / mo
Cash down
$199,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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