Key Facts
- MLS® #: 40600635
- Property ID: SIRC2142966
- Property Type: Residential, Single Family Detached
- Living Space: 2,042 sq.ft.
- Bedrooms: 5+4
- Bathrooms: 2
- Parking Spaces: 4
- Listed By:
- IPRO REALTY LTD
Property 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.
Rooms
- TypeLevelDimensionsFlooring
- Living roomMain42' 10.1" x 33' 6.3"Other
- Kitchen With Eating AreaMain55' 9.2" x 36' 3.8"Other
- BedroomMain29' 9.8" x 32' 10.4"Other
- Laundry roomMain11' 10.1" x 5' 10.8"Other
- BedroomMain29' 9.8" x 36' 3.4"Other
- Bedroom2nd floor29' 9" x 32' 10.4"Other
- Bedroom2nd floor26' 6.8" x 36' 1.8"Other
- Bedroom2nd floor36' 2.6" x 39' 4.4"Other
- BedroomBasement29' 9.4" x 32' 9.7"Other
- BedroomBasement29' 9" x 39' 5.6"Other
- BedroomBasement29' 9.4" x 32' 11.2"Other
- BedroomBasement26' 5.3" x 39' 4.4"Other
- UtilityBasement5' 8.8" x 12' 2.8"Other
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Location
11 Mcdougall Road N, Waterloo, Ontario, N2L 2W4 Canada
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