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147 University Avenue E

Waterloo, ON N2J 2W4
  • $849,900
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: X12184311
UPDATED: 84 min ago
$849,900
  • 6
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1100-1500
    SQFT
Neighbourhood:
Type:
Single-Family Home
County:
On
Area:

School Ratings & Info

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.

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Listing information © 2025 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Headwaters Living Real Estate Team | EXP Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2025-06-24T11:45:04.69.
www.headwaters-realestate.com/homes/164374429
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147 University Avenue E Waterloo, ON N2J 2W4

  • Price: $849,900
  • Status: Active
  • On Site: 24 Days
  • Updated: 84 min ago
  • ID#: X12184311
6
Beds
2
Baths
0
½ Baths
N/A
Acres
1100-1500
SQFT
$654
$/SQFT
Neighbourhood:
Waterloo
County:
On
Area:
Waterloo
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.
Exterior Features

Architectural Style Bungalow Construction Materials BrickShingle Foundation Details Concrete Garage Type None Garage YN No Pool Features None Roof Asphalt Shingle

Interior Features

Basement ApartmentSeparate Entrance Bedrooms Above Grade 3 Bedrooms Below Grade 3 Central Vacuum YN No Cooling Central Air Den Familyroom YN No Ensuite Laundry YN No Fireplace YN No Heat Type Forced Air Interior Features In-Law CapabilityCarpet FreeIn-Law SuitePrimary Bedroom - Main Floor Kitchens Above Grade 1 Kitchens Total 1 Rooms Bedroom (Main Level) Bedroom 2 (Main Level) Bedroom 3 (Main Level) Bedroom 4 (Basement Level) Bedroom 5 (Basement Level) Bedroom (Basement Level) Kitchen (Main Level) Living Room (Basement Level) Rooms Above Grade 3 Rooms Below Grade 3 Washrooms Type1 1 Washrooms Type1 Level Main Washrooms Type1 Pcs 4 Washrooms Type2 1 Washrooms Type2 Level Basement Washrooms Type2 Pcs 4

Property Features

Cable YNA Available Covered Spaces 0 Direction Faces North Electric YNA Available Heat Source Gas Lot Depth 100 Lot Shape Other Lot Size Units Feet Occupant Type Tenant Parking Features Available Parking Spaces 6 Parking Total 6 Property Sub Type Detached Property Type Residential Freehold Senior Community YN No Sewer Sewer Special Designation Unknown Tax Annual Amount 4530 Tax Legal Description Lt 5 Pl 1132Save & Except Part 1 on WR698810 Tax Year 2024 Transaction Type For Sale Waterfront None Waterfront YN No

Listing courtesy of RISING STAR REALTY LTD..
Listing information © 2025 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Headwaters Living Real Estate Team | EXP Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2025-06-24T11:45:04.69.
 
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