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$ 799,000
Est. payment /mo
Active
154 Elgin CRES Waterloo, ON N2J 2S6
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
MLS Listing ID X12496030
Style Bungalow
Bedrooms 8
Annual Tax Amount $5,229
Tax Year 2025
Property Sub-Type Duplex
Property Description
Here's your chance to own a fully licensed, turnkey investment property less than a five-minute walk from Wilfrid Laurier University! This impressive two-unit residence offers a total of eight bedrooms-four upstairs and four downstairs-each with 'Class A' rental licenses, ensuring compliance and stability. Perfect for the seasoned investor looking to expand their portfolio, or for parents seeking a smart housing solution for their student while offsetting costs through rental income. Set on a large corner lot, this property was completely updated from top to bottom in 2021, featuring modern finishes, large bedrooms, and bright, open common areas that appeal to today's student renters. Major updates include a new roof (2021) and new A/C (2024), offering peace of mind for years to come. Current leases for the upper and lower units extend until the end of August. Don't miss this rare, fully updated and licensed investment in one of Waterloo's most sought-after student locations!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room Yes
Basement Finished, Separate Entrance
Kitchen 2
Separate Den/Office 4
Interior
Interior Features Water Heater Owned
Cooling Central Air
Inclusions Fridge x2, Stove x2, Dishwashers x2, Washing Machine x2, Dryer x2
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 100.14
Lot Depth 60.14
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
Senior Community No
ParcelsYN No
Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD