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Christopher Marinakos

cmarinakos@royallepage.ca +1(705) 305-9946

$ 799,900

Est. payment -/mo

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Price Dropped by $50K

147 University AVE E Waterloo, ON N2J 2W4

6 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

MLS Listing ID X12184311

Style Bungalow

Bedrooms 6

Annual Tax Amount $4,530

Tax Year 2024

Property Sub-Type Detached

Property Description

Fully Furnished Legal Duplex in Prime Waterloo Location Ideal for Investors or First-Time Buyers, a meticulously maintained legal duplex offering exceptional value in the heart of Waterloo. Situated just minutes from Wilfrid Laurier University, Conestoga College, and Highway 85, this property is perfectly positioned for both investors and first-time homebuyers seeking a blend of comfort and convenience...Key Features---6 Spacious Bedrooms:-Three bedrooms on the main floor and three in the legal lower-level suite, providing ample space for tenants or extended family.2 Full Bathrooms:- One on each level, ensuring comfort and privacy for all occupants. Fully Furnished: - Move-in ready with quality furnishings, eliminating the hassle of setup. Legal Lower-Level Suite: - Offers potential to add a second kitchen, enhancing rental income opportunities. Recent Upgrades: - $$$ invested in enhancements, including Furnace and Air Conditioning unit, a new laundry system, upgraded bathrooms, and more. Parking for 6 Vehicles: Private driveway accommodating multiple cars, a rare find in this area. Potential Rental Income: Making it a lucrative investment as it has licensed rental units. Zoning: - Located in an area with RMU-20 zoning, offering future development possibilities...Lot Size: - Generous 63 ft frontage with a depth of 100 ft, totaling 7610 sqft including lot irregularities, providing ample outdoor space. Utilities: - Equipped with forced air heating, central air conditioning, and municipal water and sewage services. Community Amenities: - Close proximity to parks, schools, shopping centers, and public transit routes. This property not only offers immediate rental income but also holds potential for future development, making it a versatile addition to any real estate portfolio or for First Time Buyer. Don't miss out on this exceptional opportunity in a sought-after Waterloo neighborhood. Some photos are virtually staged.

Location

Province ON

County Waterloo

Area Waterloo

Zoning RMU-20

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 1

Separate Den/Office 3

Interior

Interior Features In-Law Capability, Carpet Free, In-Law Suite, Primary Bedroom - Main Floor

Cooling Central Air

Inclusions All ELF's, 2 Fridges, Stove, Washer & Dryer , Freezer, All rooms & Living room furniture, All window coverings.

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 63.0

Lot Depth 100.0

Total Parking Spaces 6

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by RISING STAR REALTY LTD.

Christopher Marinakos

Agent

+1(705) 305-9946

Christopher Marinakos

147 University AVE E Waterloo, ON N2J 2W4

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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