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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

6 Beds

2 Baths

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Est. payment | -/mo

Save Virtual Tour

6 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

MLS Listing ID X13487184

Style Bungalow

Bedrooms 6

Annual Tax Amount $44,451

Tax Year 2025

Property Sub-Type Detached

Property Description

Rare Find! Highly auspicious North-facing VASTU-compliant home; Fully Renovated LEGAL DUPLEX - Turnkey & Positive Cash Flow. Minutes from 3 universities 3+2 Bedrooms 2 Full Baths, 2 Kitchens. Detached bungalow on a large lot in a quiet, family-friendly avenue in the desirable Lincoln Heights / Glenridge neighbourhood - within the boundary of top-rated schools. MAIN FLOOR: Spacious layout with a Large primary bedroom and walk-out to a private deck overlooking the backyard, plus two additional regular bedrooms. LEGAL BASEMENT: 2 Large bedrooms + Office room. Highlights: Over 2,000 sq ft of finished living space; Detached oversized garage + long driveway with ample parking; Currently rented to respectful, responsible university students who pay on time and care for the property; POSITIVE CASH FLOW from day one; Bonus upside - BUILD BIG LATER: This large lot qualifies as-of-right for up to a 4-unit, 4-storey building under Waterloo's December 2024 "FOUR Units, FOUR Storeys" bylaw - no rezoning, no variances. A complete conceptual fourplex design (3D model + floor plans) is available for serious buyers. A standout opportunity for homeowners & investors alike. No gimmicks. NO offer date.

Location

Province ON

County Waterloo

Area Waterloo

Zoning Residential

Rooms

Family Room No

Basement Apartment

Main Level Bedrooms 2

Kitchen 2

Separate Den/Office 3

Interior

Interior Features Sump Pump, Water Heater, Water Softener

Cooling Central Air

Inclusions Washer & Dryer, 2 Refrigerators, 2 Cooking Ranges, Dishwasher, Water softener, Microwave & All Existing landlord's furniture (As-Is) | Electrical panel updated to comply with the latest code requirements.Exclusions: Tenant's belongings

Exterior

Exterior Feature Deck

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.09

Lot Depth 120.73

Total Parking Spaces 5

Building

Foundation Poured Concrete

Others

Senior Community Yes

ParcelsYN No

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Listed by CENTURY 21 GREEN REALTY INC.

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217 Mayfield AVE Waterloo, ON N2J 3S6