Rare opportunity in a desirable Waterloo neighbourhood! Welcome to 224 Lincoln Rd, a solid detached two-storey home situated on a generous 67 ft × 120 ft walk-out lot, offering exceptional potential for homeowners, investors, and builders. The home features a bright and functional layout with spacious principal rooms and generously sized bedrooms. Large windows bring in abundant natural light, creating a warm and inviting atmosphere. The walk-out basement provides additional living space and flexibility for recreation, extended family use, or future in-law potential. One of the standout features of this property is the extra-long private driveway, providing ample parking and convenient winter maintenance. Set on a rare 67-ft wide walk-out lot surrounded by mature trees, this property offers excellent redevelopment potential. Whether you choose to renovate, hold as an investment, or design and build your dream home, the generous lot size and walk-out grading provide outstanding possibilities. Ideally located close to parks, schools, shopping, and public transit, and just minutes from University of Waterloo and Wilfrid Laurier University. Properties with wide walk-out lots and redevelopment potential in this location are increasingly rare — a fantastic opportunity to secure a property with both immediate liveability and long-term upside. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
2,125 sq. ft.197 m2
Finished Area Above Grade:
1,537 sq. ft.143 m2
Zoning:
SR3
Taxes:
$1,111 /
-
Community:
116 - Glenridge/Lincoln Heights
Exterior Features:
Brick, Aluminum siding
Community Features:
Quiet Area
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Water purifier, Water softener, Dishwasher, Stove, Dryer
Data was last updated March 6, 2026 at 01:15 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$372,500
Min list price:
$199,000
Max list price:
$1,250,000
Avg days on market:
23
Min days on market:
1
Max days on market:
147
Avg price per sq.ft.:
$328.08
These statistics are generated based on the current listing's property type
and located in
116 - Glenridge/Lincoln Heights. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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