Size
-
Lot size
6014 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$320 - $400
Taxes
$5,242 (2025)
Parking Type
-
Style
Bungaloft
See what's nearby
Description
Licensed Dwelling with Walkout Basement in Prime Waterloo Location A Turnkey Investment Opportunity! 3 bedrooms up and 2 in the lower unit Outstanding opportunity to own a licensed 2-unit brick bungalow with a loft and walkout basement, ideally located just steps to Uptown Waterloo, WLU, University of Waterloo, Conestoga College, shopping, and the LRT. This versatile property is perfect for investors, multigenerational living, or parents seeking housing for university students. The main level features a bright, functional layout with two bedrooms plus a loft bedroom, an eat-in kitchen with updated counter and faucet (2022), living room, and a 3-piece bathroom. An enclosed front porch and side entry offer practical access and added charm. The fully finished lower levelrenovated in 2017includes large windows, a separate entrance, a generous family room with walkout to a covered patio, two bedroom, a 4-piece bathroom, and a stylish second kitchen. The basement also houses a large utility room and laundry (2020 full-size stackables), cold cellar, and plenty of storage. This home has been thoughtfully maintained and upgraded, including: 50-year steel roof, New furnace (2022) New main floor fridge (2024) Vinyl plank flooring (2019) Updated basement windows (2018/2019) New water softener (2019) Eavestroughs and garage door (2020) Custom window blinds in basement (2022) The deep, fully fenced backyard features a 9' x 12' shed, ideal for extra storage or future creative use. Hardwood floors in the main floor bedrooms , Vinyl plank in the living room and hallway . With a valid Waterloo rental license, this property is move-in or rent-out ready, offering excellent income potential in a sought-after location. Whether you're an investor looking for solid returns, or a buyer seeking flexible living with mortgage-helper potential, this one checks all the boxes.
Broker: RE/MAX Solid Gold Realty (II) Ltd
MLS®#: X12273924
Property details
Parking:
5
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungaloft
MLS Size:
2000-2500 sqft
Lot front:
43 Ft
Lot depth:
136 Ft
Listed on:
Jul 9, 2025
Show all details
Rooms
Level | Name | Size | Features |
---|---|---|---|
Basement | Laundry | 2.6 x 2.7 ft | |
Basement | Bathroom | Unknown | |
Basement | Bedroom | 10.2 x 10.2 ft |
Instant estimate:
orto view instant estimate
$22,430
higher than listed pricei
High
$852,245
Mid
$822,330
Low
$763,902
Have a home? See what it's worth with an instant estimate
Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.