154 ELGIN Crescent Active

Waterloo,ON N2J2S6

$ 799000

8 Beds

4 Baths

2060 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,060 sqft

Price per Sqft $387

Subdivision 116 - Glenridge/Lincoln Heights

MLS Listing ID 40784149

Bedrooms 8

Property Sub-Type Freehold

Source Cornerstone Association of REALTORS®

Property Description

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:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold

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