13 Southwick Place, Waterloo

$899,900
13 Southwick Place

$899,900

New
22d
DetachedSidesplit 4

13 Southwick Place, Waterloo

Total Monthly Obligation $4,461

Beds
4
Baths
2
Park
4
Sqft
1500-2000
DOM
22d
Score
17
Yield
4.1%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-X13850314
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-55.05 × 218.15 ft
Listed on site-Oct 1, 2026
Style-Sidesplit 4
Building Type-Detached
Age-51-99
Taxes-$5,471.24 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Rec Room
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Title-Residential Freehold

No agent assigned

Welcome to 13 Southwick Place, a beautifully modernized sidesplit tucked away on a quiet court in the highly sought-after, family-friendly Lexington/Lincoln Village area of East Waterloo. Extensively renovated inside & out, this exceptional home offers approx. 2,345 SF of finished living space, 4 bdrms, 2 baths, & an incredibly rare 0.395-acre pie-shaped lot. The fully fenced, park-like backyard is a true standout-surrounded by mature trees & offering remarkable privacy, a covered patio & the feeling of a peaceful retreat right in the city. This kind of outdoor space is increasingly difficult to find in Waterloo. Inside, engineered hardwood flows through the bright, open main living area, where a spacious living rm connects seamlessly with the beautifully renovated kitchen featuring quartz counters, backsplash, premium appliances, generous cabinetry, a large island with seating & flexible space for a dining area or breakfast nook. Upstairs are 3 bdrms & an updated 5-pc bath with dual sinks & tub/shower. A few steps down, a versatile 4th bdrm/office, updated 2-pc bath, garage access & walkout to the covered rear patio add exceptional flexibility to the layout. The finished lower level provides valuable additional living space with a spacious rec rm, gas fireplace with porcelain surround & distinctive reclaimed barnboard mantel, plus excellent storage. The extensive renovation continues throughout with updated flooring, trim, doors, lighting & exterior, along with significant electrical & mechanical improvements. Over-sized double-car garage & parking for up to 6 vehicles. Ideally located close to Bechtel Park, trails, green space, shopping & everyday amenities, with convenient access to Conestoga Mall, the Universities, RIM Park, Grey Silo Golf Course & Hwy 85. A rare opportunity to own an extensively updated home with exceptional privacy & an extraordinary amount of outdoor space, on a quiet court in the heart of Waterloo.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,461/mo
Mortgage $3,630
Monthly Loss $3,506
Principal$955
Interest$2,675
Property Tax$456
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.3%20
10-Year IRR
8.5%
Returns Index
11.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,828/yr
NOI
$23,174/yr
Net Cash Flow
-$1,699/mo
Cash Margin
-55.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 13 Southwick Place

Time

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Data last updated within the past 24 hours.