7 Bedroom
2 Bathroom
2022 sqft
Bungalow
None
Forced Air
$750,000
Live in the upper level and rent out 4 bedrooms on the lower level. You have options with the current Class A - 3 bedroom rental licence for the upper level . Class A - 4 bedroom rental licence for the lower level. This unique property stands out as a perfect choice for investors, offering a smart way to manage living arrangements while expanding your investment portfolio. —Highlights— • Design: A well-planned 3-bedroom bungalow complemented by a secondary 4-bedroom basement unit, featuring a separate side entrance for privacy and independence • Capacity: Boasting total 7 bedrooms in total, this property is well-equipped to accommodate a significant number of tenants • Amenities: 2 fully functional kitchens, spacious living areas, and separate laundry facilities cater to all the needs of student life • Location: Nestled in a quiet, safe residential neighbourhood, this property ensures a peaceful study environment • Accessibility: Just a 5-minute bus ride to the University of Waterloo, with the #9 bus stop right outside the front door. For those who prefer walking, the university is a comfortable sub-30-minute stroll away • Convenience: Grocery, drugstores, and restaurants are within a 2km radius; a breezy 18-minute bus ride. Conestoga Mall and transit links are 20 mins • Maintenance: The property is neat, tidy, and has been meticulously maintained, ensuring a hassle-free investment • Parking: A double-wide driveway provides ample space for up to 4 vehicles • Outdoors: A sizable yard, perfect for al-fresco study sessions, summer barbecues, and various lawn games • Additionally, a free-standing shed offers convenient bicycle storage. This property is not just a residence; it's a lifestyle choice for students seeking convenience, comfort, and a sense of community. As an investor, you're not just offering a place to stay; you're creating a home away from home for students, with the added benefit of a robust investment in one of Ontario's thriving educational hubs. (id:35544)
Property Details
MLS® Number
|
40741045 |
Property Type
|
Single Family |
AmenitiesNearBy
|
Park, Public Transit, Schools, Shopping |
CommunityFeatures
|
Quiet Area, Community Centre |
EquipmentType
|
Water Heater |
Features
|
Paved Driveway, Crushed Stone Driveway, In-law Suite |
ParkingSpaceTotal
|
4 |
RentalEquipmentType
|
Water Heater |
Structure
|
Shed |
Building
BathroomTotal
|
2 |
BedroomsAboveGround
|
3 |
BedroomsBelowGround
|
4 |
BedroomsTotal
|
7 |
ArchitecturalStyle
|
Bungalow |
BasementDevelopment
|
Finished |
BasementType
|
Full (finished) |
ConstructedDate
|
1967 |
ConstructionStyleAttachment
|
Detached |
CoolingType
|
None |
ExteriorFinish
|
Brick Veneer, Vinyl Siding |
FoundationType
|
Poured Concrete |
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
StoriesTotal
|
1 |
SizeInterior
|
2022 Sqft |
Type
|
House |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Park, Public Transit, Schools, Shopping |
Sewer
|
Municipal Sewage System |
SizeDepth
|
60 Ft |
SizeFrontage
|
82 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
R1 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Basement |
Utility Room |
|
|
11'9'' x 8'9'' |
Basement |
Bedroom |
|
|
11'0'' x 9'3'' |
Basement |
Bedroom |
|
|
10'10'' x 11'3'' |
Basement |
Bedroom |
|
|
11'9'' x 10'8'' |
Basement |
Bedroom |
|
|
12'2'' x 10'8'' |
Basement |
4pc Bathroom |
|
|
10'7'' x 4'11'' |
Basement |
Family Room |
|
|
7'10'' x 7'7'' |
Basement |
Dinette |
|
|
12'10'' x 7'10'' |
Basement |
Kitchen |
|
|
9'2'' x 7'8'' |
Main Level |
4pc Bathroom |
|
|
7'7'' x 5'0'' |
Main Level |
Primary Bedroom |
|
|
11'7'' x 11'1'' |
Main Level |
Bedroom |
|
|
10'8'' x 8'5'' |
Main Level |
Bedroom |
|
|
11'11'' x 8'9'' |
Main Level |
Kitchen |
|
|
15'10'' x 9'11'' |
Main Level |
Living Room |
|
|
16'0'' x 11'0'' |