172 Elgin Crescent Waterloo, ON N2J 2S6
5 Beds
2 Baths
1,254 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,254 sqft
Price per Sqft $637
MLS Listing ID 40719982
Style Bungaloft
Bedrooms 5
Full Baths 2
Abv Grd Liv Area 2,266
Year Built 1961
Annual Tax Amount $5,242
Property Sub-Type Detached
Source Waterloo Region
Property Description
Outstanding opportunity to own a licensed 2-unit brick bungalow with a loft and walkout basement, ideally located just steps to Uptown Waterloo, WLU, University of Waterloo, Conestoga College, shopping, and the LRT. This versatile property is perfect for investors, multigenerational living, or parents seeking housing for university students.
The main level features a bright, functional layout with two bedrooms plus a loft bedroom, an eat-in kitchen with updated counter and faucet (2022), living room, and a 3-piece bathroom. An enclosed front porch and side entry offer practical access and added charm.
The fully finished lower level—renovated in 2017—includes large windows, a separate entrance, a generous family room with walkout to a covered patio, two bedroom, a 4-piece bathroom, and a stylish second kitchen. The basement also houses a large utility room and laundry (2020 full-size stackables), cold cellar, and plenty of storage.
This home has been thoughtfully maintained and upgraded, including:
50-year steel roof,
New furnace (2022)
New main floor fridge (2024)
Vinyl plank flooring (2019)
Updated basement windows (2018/2019)
New water softener (2019)
Eavestroughs and garage door (2020)
Custom window blinds in basement (2022)
The deep, fully fenced backyard features a 9' x 12' shed, ideal for extra storage or future creative use. Hardwood floors in the main floor bedrooms , Vinyl plank in the living room and hallway .
With a valid Waterloo rental license, this property is move-in or rent-out ready, offering excellent income potential in a sought-after location.
Whether you're an investor looking for solid returns, or a buyer seeking flexible living with mortgage-helper potential, this one checks all the boxes.
Location
Province ON
County Waterloo
Area 1 - Waterloo East
Zoning GR1
Direction Regina
Rooms
Basement Separate Entrance, Walk-Out Access, Full, Finished
Main Level Bedrooms 2
Bedroom 2 1
Kitchen 2
Interior
Interior Features Accessory Apartment
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Water Softener, Built-in Microwave, Dryer, Refrigerator, Stove, Washer
Exterior
Parking Features Attached Garage, Asphalt
Garage Spaces 1.0
Roof Type Metal
Lot Frontage 43.92
Lot Depth 136.95
Garage Yes
Building
Lot Description Urban, Rectangular, Public Transit, School Bus Route, Schools
Faces Regina
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Bungaloft
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Elizabeth Zieglerour Lady Of Lourdes
High Schools Waterloo Collegiate Instituteresurrection Secondary School
Others
Senior Community No
Tax ID 223700122
Ownership Freehold/None
Virtual Tour https://vimeopro.com/user49762055/172-elgin-crescent