$2,000
38 Falconridge Drive Lower, Waterloo, ON N2K 0G1
2 Beds
1 Baths
1 Parking
Welcome to this bright and spacious legal basement unit at 38 Falconridge Drive in Kitchener with a private separate entrance. Designed for comfortable living, this well kept unit features oversized windows that fill the space with natural light, creating an open and airy feel rarely found in basement apartments. The functional layout makes excellent use of the living space, while the private entrance adds both convenience and privacy. Private in suite laundry is included for added convenience. Window blinds are already installed and one parking space is included on the driveway. Situated in a desirable family friendly neighbourhood close to parks, schools, shopping, transit, and everyday essentials, this is an excellent opportunity to lease a clean and move in ready home in a convenient Kitchener location.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Lease
Style 2-Storey
Bedrooms Above Grade 2
Bathrooms 1
Basement Finished with Walk-Out, Finished, Separate Entrance, Walk-Out
Exposure South
Possession Immediate

Building

Building Type Detached
Portion for Lease Not specified by MLS
Square Footage 1100-1500
Exterior Stone
Foundation Poured Concrete
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace No
Laundry In-Suite Laundry, In Basement, Inside

Measurements

Total Living Area 1100-1500

Land

Address 38 Falconridge Drive Lower, Waterloo, ON N2K 0G1
City Waterloo
Cross Street FALCONRIDGE DRIVE & FALCONRIDGE CRESCENT
Sewer Sewer
Pool None

Parking and Garage

Total Parking 1
Garage Spaces 0
Garage Type Attached
Parking Features Other

Taxes and Listing Info

List Price $2,000
Status Active
Listing Date 2026-05-19T21:56:04Z
Updated 2026-06-01T21:54:04Z
MLS Number X13146630
Local Market Insight

What Buyers Should Know About 38 Falconridge Drive Lower, Waterloo, ON N2K 0G1

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

38 Falconridge Drive Lower, Waterloo, ON N2K 0G1 is positioned in Waterloo, a part of Waterloo where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to FALCONRIDGE DRIVE & FALCONRIDGE CRESCENT, public transit options, parking availability, and drive times to employment areas. A property with 1 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $2,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 2 bedrooms, 1 bathrooms, basement details marked as Finished with Walk-Out, Finished, Separate Entrance, Walk-Out, and a lot size of to be reviewed, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Waterloo, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Waterloo. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 38 Falconridge Drive Lower, Waterloo, ON N2K 0G1, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.