11 MCDOUGALL Road N Active Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2L2W4
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,042 sqft
Price per Sqft $386
Subdivision 417 - Beechwood/University
MLS Listing ID 40600635
Bedrooms 9
Originating Board Cornerstone - Mississauga
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. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 10'2'' x 9'5'' Bedroom
Extra Room 2 Second level Measurements not available 3pc Bathroom
Extra Room 3 Second level 11'5'' x 7'2'' Bedroom
Extra Room 4 Second level 8'11'' x 11'3'' Bedroom
Extra Room 5 Basement 12'3'' x 5'9'' Utility room
Extra Room 6 Basement 11'11'' x 8'4'' Bedroom
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
Community Features Quiet Area
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 1.5
Sewer Municipal sewage system
Others
Ownership Freehold