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$1,479,999
Available - For Sale
Listing ID: X12428614
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
Price $1,479,999
Taxes: $2,400
Occupancy by: Tenant
Address: 265 GLENRIDGE Driv , Waterloo, N2J 3W5, Waterloo
Directions/Cross Streets: University Ave King Rd North
Rooms: 9
Rooms +: 7
Bedrooms: 5
Bedrooms +: 6
Washrooms: 6
Family Room: F
Basement: Apartment
Finished wit
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 15.32 12.73
Room 2: Main Living Ro 18.56 13.15
Room 3: Main Primary B 12.07 11.38
Room 4: Main Bedroom 2 10.66 8.07
Room 5: Main Bedroom 3 10.99 9.91
Room 6: Main Breakfast 10.50 9.84
Room 7: Main Bedroom 4 9.91 10.17
Room 8: Main Bedroom 5 9.94 10.50
Room 9: Basement Bedroom 10.82 10.50
Room 10: Basement Kitchen 10.17 11.48
Room 11: Basement Bedroom 11.48 10.17
Room 12: Basement Bedroom 9.84 9.84
Room 13: Basement Bedroom 9.84 9.84
Room 14: Basement Bedroom 10.17 9.84
No. of Pieces Level
Washroom 1:  2 Main
Washroom 2:  4 Main
Washroom 3:  3 Main
Washroom 4:  3 Basement
Washroom 5:  0
Washroom 6:  2 Main
Washroom 7:  4 Main
Washroom 8:  3 Main
Washroom 9:  3 Basement
Washroom 10:  0
Washroom 11:  2 Main
Washroom 12:  4 Main
Washroom 13:  3 Main
Washroom 14:  3 Basement
Washroom 15:  0
Property Type: Detached
Style: Bungalow-Raised
Exterior: Aluminum Siding
Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX CHAMPIONS REALTY INC.

265 GLENRIDGE Driv , Waterloo, N2J 3W5, Waterloo


 
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At a Glance:
Type: Freehold - Detached
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Bungalow-Raised
Lot Size: x 151.27(Feet)
Approximate Age:
Tax: $2,400
Maintenance Fee: $0
Beds: 5+6
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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