154 Elgin Crescent Waterloo, Ontario N2J 2S6
$799,000
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! (id:43503)
Property Details
| MLS® Number | 40784149 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Place Of Worship, Public Transit, Schools, Shopping |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 8 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 2,060 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 60 Ft |
| Size Frontage | 100 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R4 |
https://www.realtor.ca/real-estate/29046948/154-elgin-crescent-waterloo
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