Smart Investment Opportunity in Waterloo! This turn-key, duplexed bungalow is a dream for investors or savvy end-users looking to offset their mortgage with rental income. Fully renovated and featuring a legal 2-bedroom basement apartment, this property offers parking for up to 5 vehicles - a rare find in such a prime location. Just minutes from Wilfrid Laurier University and the University of Waterloo, its ideally positioned to attract consistent, high-quality tenants year after year. Extensive updates mean peace of mind for years to come, including new electrical, plumbing, furnace, AC, and roof. The main level showcases luxury vinyl plank flooring throughout, with a sunlit living and dining area, recessed lighting, and a stylish kitchen with quartz counters and brand new stainless steel appliances. Three generously sized bedrooms and two full baths - including a private ensuite - complete the upper unit. Downstairs, the bright and well-finished lower apartment features the same quality flooring, its own laundry, and a practical layout for students or professionals. A fully fenced backyard offers green space for kids, pets, or summer entertaining. Whether you're looking to add to your portfolio or live upstairs while generating income below, this property checks all the boxes. Invest with confidence - this one is ready to go. |
Price | $729,900 |
Taxes: | $4021.00 |
Assessment Year: | 2024 |
Occupancy: | Vacant |
Address: | 56 Dover Stre , Waterloo, N2J 1Z1, Waterloo |
Directions/Cross Streets: | Erb St E |
Rooms: | 8 |
Rooms +: | 8 |
Bedrooms: | 3 |
Bedrooms +: | 2 |
Family Room: | T |
Basement: | Full, Finished |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Bathroom | 10.23 | 5.44 | 3 Pc Ensuite |
Room 2 | Main | Bathroom | 4.95 | 7.35 | 4 Pc Bath |
Room 3 | Main | Bedroom | 10.56 | 10.99 | |
Room 4 | Main | Bedroom | 10.46 | 12.5 | |
Room 5 | Main | Dining Ro | 10.2 | 5.81 | |
Room 6 | Main | Kitchen | 13.94 | 13.09 | |
Room 7 | Main | Living Ro | 14.24 | 15.25 | |
Room 8 | Main | Primary B | 10.17 | 11.41 | |
Room 9 | Basement | Bathroom | 4.95 | 8.76 | |
Room 10 | Basement | Bedroom | 9.91 | 10.86 | |
Room 11 | Basement | Bedroom | 14.07 | 8.23 | |
Room 12 | Basement | Kitchen | 12.14 | 14.14 | |
Room 13 | Basement | Recreatio | 13.97 | 15.55 | |
Room 14 | Basement | Utility R | 6.1 | 7.48 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 4 | Main |
Washroom Type 3 | 3 | Basement |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Detached |
Style: | Bungalow |
Exterior: | Aluminum Siding, Brick |
Garage Type: | Detached |
Drive Parking Spaces: | 4 |
Pool: | None |
Approximatly Square Footage: | 700-1100 |
Property Features: | Park, Public Transit |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
Royal LePage Royal City Realty |
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Type: | Freehold - Detached |
Area: | Waterloo |
Municipality: | Waterloo |
Neighbourhood: | Dufferin Grove |
Style: | Bungalow |
Tax: | $4,021 |
Beds: | 3+2 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |