425 Speckled Alder Street, Waterloo

$749,000
425 Speckled Alder Street

$749,000

New
7d
Detached2-Storey

425 Speckled Alder Street, Waterloo

Total Monthly Obligation $3,828

Beds
5
Baths
4
Park
1
Sqft
1500-2000
DOM
7d
Score
18
Yield
4.7%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-X14089292
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-27.92 × 98.4 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,179 (2025)
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 RIGHT TIME REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Other
Facing-North
Exterior-Other
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Title-Residential Freehold

No agent assigned

Welcome to 425 Speckled Alder St, a stunning two-storey residence nestled in one of Waterloo's most desirable neighborhoods. Offering 1,742 sq ft of beautifully designed living space above grade, plus a fully finished 655 sq ft basement, for a total of 2,397 sq ft, this home is perfectly suited for growing families and those who love to entertain. Step inside to a bright and inviting open-concept main floor, anchored by a spacious living room featuring a cozy gas fireplace, the perfect setting for relaxing evenings or hosting guests. The convenience of main floor laundry adds to the home's thoughtful functionality. Freshly and recently painted throughout, this home is truly move-in ready, and a deck (2022) offers the ideal space for outdoor gatherings and summer evenings. Upstairs, you'll find four generously sized bedrooms, including an impressive master retreat with a private ensuite. The finished basement offers versatile space for entertaining or accommodating guests, complete with a stylish 4-piece bathroom. Location is everything, and this home delivers: enjoy the convenience of being within walking distance to Abraham Erb Public School, St. Nicholas Catholic Elementary School, and Laurel Heights Secondary School, a rare offering for families. Nearby, the Laurelwood Commons shopping plaza provides everyday essentials including Food Basics, Dollarama, Shoppers Drug Mart, and more, all just steps away. Transit is easily accessible with a nearby bus stop, and nature lovers will appreciate the scenic walking trails right at your doorstep. For added lifestyle appeal, this home is also close to the YMCA, Costco, the public library, and beautiful conservation areas, offering the perfect balance of comfort, convenience, and community. This exceptional property is ready to welcome its next chapter. Don't miss the opportunity to make 425 Speckled Alder St your forever home.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$3,828/mo
Mortgage $3,021
Monthly Loss $3,033
Principal$795
Interest$2,226
Property Tax$432
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%28
10-Year IRR
9.6%
Returns Index
15.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$35,460/yr
NOI
$22,235/yr
Net Cash Flow
-$1,168/mo
Cash Margin
-39.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.0/ 100

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

Comparables

Properties near 425 Speckled Alder Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.