Discover a stunning gem in the heart of Uptown Waterloo—a spacious 3,288 sq ft Victorian triplex, ideally located just steps from Wilfrid Laurier University and only a 10-minute commute to the University of Waterloo. Licensed for 14 tenants across 15 bedrooms and currently rented to UW and WLU students, this property generates over $9,800 per month in rental income, offering exceptional investment potential. Meticulously maintained, recent updates include new windows (2023), a new furnace (2018), and renovations to Unit B and Unit C, ensuring it's in excellent condition. This prime property provides easy access to all Uptown Waterloo amenities, including Waterloo Park, CIGI, and the Perimeter Institute, with convenient public transit options like the ion LRT. Whether you're seeking a continued rental income stream, a multi-generational home, or even a beautiful single-family residence (with city approval), the possibilities are vast. Don't miss your chance to explore this versatile property (id:47423)
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Listed By
Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
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Detailed Information
Bedrooms
15
Bathrooms
6
Lot
66 x 126 ft
Amenities Nearby
Hospital, Place of Worship, Public Transit, Schools, Shopping
Community Features
Community Centre, School Bus
Features
Laundry- Coin operated
Listing Contract Date
2024-09-13
Location Description
Dorset and Young St W
Ownership Type
Freehold
# of Parking Spaces
8
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RC1
Building
Basement Development
Finished
Basement Type
Full (Finished)
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2.5
Type
Triplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Hospital, Place of Worship, Public Transit, Schools, Shopping
Sewer
Municipal sewage system
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