$789,999
 $4,241 forsale estimated payment Sourced by Back At You

11 Mcdougall Road N , Waterloo, ON N2L 2W4

Waterloo, ON N2L 2W4

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Description

This property offers an outstanding investment opportunity in a highly desirable location in Waterloo. The licensed 9-bedroom rooming house sits on a generous 40x119 lot, with all rooms currently rented, generating a solid income of over $6000 per month. Excellent opportunity to continue renting or rebuild a home. Many multimillion-dollar homes are being constructed and sold in the neighborhood and on the street. The tenants are cooperative, pay on time, and are willing to stay or vacate as required. Additional income is generated from parking and laundry services. The property's close proximity to the universities and convenient access to public transit, combined with its peaceful location, make it an ideal choice for students. The property is consistently in high demand among renters and has been recently painted.

Details

Mls40600635
Listing TypeFor Sale
StyleDetachd
SubtypeResale
StatusActive
Days On Site184
Listing Provided ByIPRO REALTY LTD | Nav Bhandal

Features

Beds9
Baths 2 Total
Sq Feet1,433
BasementY
ZoningResidential
Golf CourseYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 2 minutes ago
StateON
CountyWaterloo
CityWaterloo
Zip CodeN2L 2W4
Area4 Waterloo West
Subarea417 Beechwood | University
Community Name417 Beechwood/University
Listing VS Median (in 417 Beechwood/University)
Price:
$789,999
low | high
Med:
$529,000
83.03788992138% of Average
SqFt:
1,433
low | high
Med:
1,446
49.092812281926% of Average
$ / SqFt:
$551
low | high
Med:
$366
83.639900592903% of Average
On Site:
184
low | high
Med:
35.000000
100% of Average
Sourced by Back At You
Listing Updated: November 15, 2024 at 8:19:17 PM PST