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From Our Gallery

Description

Turn-Key Legal Duplex !!, Investor's dream in the heart of Waterloo! This fully renovated 7-bedroom, 2-bathroom legal duplex sits on a massive 53.67 ft x 153.87 ft lot, just steps from University of Waterloo, Wilfrid Laurier University, and Conestoga College. Thousands have been recently spent on top-to-bottom renovations including two kitchens, upgraded bathrooms, flooring, lighting, and more. Each unit is thoughtfully designed, making it move-in ready and ideal for rentals or multi-generational living. With the rental potential of more than $5,500/month , this is a turn-key investment with strong cash flow from day one. Builders and developers-take a note! The oversized lot holds massive potential for future development. The neighboring property at 5 Cardill Crescent has already been successfully converted into a multiplex, demonstrating what's possible here. Whether you're looking to invest, house-hack, or redevelop, this property offers the perfect blend of location, income, and long-term potential. An outstanding opportunity to build multi-generational wealth in one of Waterloo's most desirable rental corridors.

Location Description

Albert St. and Columbia St. W

Property Detail

  • Community:
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 7
  • Bath: 2
  • Garages: Carport
  • Annual Property Taxes : $ 6349.69
  • sqft

Facts and Features

  • Foundation Type: Concrete
  • Counstruction Material : Brick-Vinyl Siding
  • Total Parking Space : 6
  • Parking Type : Carport

Amenities

  • Heating : Forced AirGas
  • Sewer : Sewer ,

Listing Contracted With: HOMELIFE/MIRACLE REALTY LTD

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