Welcome to 133 Margaret Avenue South, a beautifully updated 2-bedroom, 2-bathroom home located in one of Waterloo’s most convenient and desirable neighborhoods. Perfectly suited for hobbyists, mechanics, or anyone in need of serious workspace, this property offers a rare combination of comfort, space, and versatility. Spacious 35’ x 22’ heated Shop: A true mechanic’s or hobbyist’s dream! Whether you're into auto work, woodworking, or need ample space for your passion projects, this oversized, detached shop is ready for unlimited possibilities, even convert to additional dwelling unit if your hearts desire. 2 Bedrooms, 2 Bathrooms: with potential for additional bedrooms or a home office in the basement. With a set of stairs in the back there is potential to add separate entrance. Thoughtfully laid out living space that’s perfect for small families, couples, or downsizers who still want room to spread out. Recently Updated: Modern upgrades throughout the home give it a fresh, inviting feel while maintaining its original charm. Prime Waterloo Location: Just minutes from Uptown Waterloo, schools, shopping, tranquil parks, and public transit. Enjoy the convenience of city living with the benefit of a large private lot and ample parking. This is a rare find — a turnkey home with an incredible shop space in a fantastic location. Come see the potential for yourself! Separate hydro meter for shop. Roof 2 years old, On demand Hot Water Tank owned 2 years old, Furnace 2 Years old, Electrical inspection and upgrade 7.5 years ago.