361 Lee Circle, Waterloo

$859,900
361 Lee Circle

$859,900

New
8d
Detached1 Storey/Apt

361 Lee Circle, Waterloo

Total Monthly Obligation $4,279

Beds
3
Baths
3
Park
5
Sqft
1500-2000
DOM
8d
Score
16
Yield
4.1%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-X14080296
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-50 × 133 ft
Listed on site-Oct 15, 2026
Style-1 Storey/Apt
Building Type-Detached
Age-31-50
Taxes-$7,318.85 (2026)
Parking-6 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-Inground
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Welcome to 361 Lee Circle, Waterloo, a thoughtfully renovated home designed for comfortable everyday living, entertaining, and flexibility for the future. Set on an oversized pie-shaped lot in a sought-after East Waterloo neighbourhood, the backyard offers an in-ground pool, large fenced yard, and plenty of space for kids, pets, gardens, or simply enjoying summer at home. Pool updates include the liner in 2019, sand filter and chlorinator in 2020, pump in 2022, and skimmer and pool lines in 2024. The home underwent a substantial renovation in 2020, including the addition of a beautiful primary suite with 9' ceilings, an oversized walk-in closet, and luxurious ensuite with heated floors. A full basement beneath the addition offers large windows and additional unfinished space for future possibilities. At the heart of the home is the bright, open-concept kitchen, dining, and living area. The custom kitchen, completed in 2020, features stainless steel appliances, a gas stove, extra-large island, generous cabinetry, and a walk-in pantry, ideal for busy mornings and hosting family and friends. All three bathrooms have been renovated, with additional 2020 improvements including new siding and a 200-amp electrical panel. Downstairs, the spacious finished recreation room offers updated flooring and a renovated bathroom, while unfinished areas provide room for future living space, a home office, gym, in-law setup, or workspace. Close to RIM Park, Bechtel Park, schools, shopping, highway access, trails, and everyday amenities, this home offers the lifestyle and flexibility so many buyers are looking for. Whether raising a family, downsizing without giving up space, or simply looking for a home to move into and enjoy, 361 Lee Circle offers thoughtful updates, outdoor living, and room for the future.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$687,920
Land Transfer Taxes$13,673
Legal Fees (Est.)
$
Total cash required for closing$187,153

Total Monthly Obligation

$4,454/mo
Mortgage $3,469
Monthly Loss $3,541
Principal$913
Interest$2,556
Property Tax$610
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.3%15
10-Year IRR
7.8%
Returns Index
9.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,920/yr
NOI
$19,609/yr
Net Cash Flow
-$1,835/mo
Cash Margin
-63.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
18.9/ 100

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

Comparables

Properties near 361 Lee Circle

Time

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Data last updated within the past 24 hours.