Waterloo N2J 3W5 Ontario
MLS: X12428614
Added 11 days ago | For Sale
Listed by: RE/MAX CHAMPIONS REALTY INC.
Exceptional Investment Opportunity in the Heart of Waterloo! This rare LEGAL DUPLEX , is located in the core strip of Waterloo, making it an ideal choice for investors, professionals, or families looking to live mortgage-free while generating strong rental income.Perfectly situated near Waterloo University, Wilfrid L & St. Jerome Unersities and Conestoga College, with direct bus Route 202 access to all schools, this property offers both convenience and long-term rental demand.Key Features: 11 spacious bedrooms, 6 bathrooms, and 4 kitchens across four self-contained units, 800 sq. ft. permitted extension, completed a few years ago with full City approval , Approved rental license from the City of Waterloo , Separate laundry area for tenants convenience, 4 parking spots available, Roof replaced recently, with all equipment in excellent working condition, Consistently generating over $100,000 in gross annual income for the past three years. Potential to live in the main unit while renting out the other three units, earning approximately $6,000/month in rental income. This property has been professionally managed and well-maintained by the owner, ensuring a smooth transition for the next investor. Whether youre seeking a high-yield rental property or an opportunity to live comfortably while your tenants cover the mortgage, this home is a must-see investment in Waterloos thriving student market. Walk Out Legal Basement
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Kitchen | 15 ft, 4 in x 12 ft, 9 in | |
| Living Room | 18 ft, 7 in x 13 ft, 2 in | ||
| Primary Bedroom | 12 ft, 1 in x 11 ft, 5 in | ||
| Bedroom 2 | 10 ft, 8 in x 8 ft, 1 in | ||
| Bedroom 3 | 11 ft x 9 ft, 11 in | ||
| Breakfast | 10 ft, 6 in x 9 ft, 10 in | ||
| Bedroom 4 | 9 ft, 11 in x 10 ft, 2 in | ||
| Bedroom 5 | 9 ft, 11 in x 10 ft, 6 in | ||
| Basement | Bedroom | 10 ft, 10 in x 10 ft, 6 in | |
| Kitchen | 10 ft, 2 in x 11 ft, 6 in | ||
| Bedroom | 11 ft, 6 in x 10 ft, 2 in | ||
| Bedroom | 9 ft, 10 in x 9 ft, 10 in | ||
| Bedroom | 9 ft, 10 in x 9 ft, 10 in | ||
| Bedroom | 10 ft, 2 in x 9 ft, 10 in | ||
| Bedroom | 9 ft, 4 in x 9 ft, 5 in |
No property rooms available.
