11 MCDOUGALL Road N, Waterloo, Ontario N2L 2W4
$789,999.00
- 9 bedrooms
- 2 bathrooms
- 2,042 Square Feet
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 ... read more
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:25417)
- Listing ID: 40600635
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | 4 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Refrigerator, Stove, Washer, Water Softener and Dryer |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Aluminum Siding |
| Basement: | Full (Finished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Municipality: | Waterloo |
| Province: | Ontario |
| Nearby Amenities: | Golf Nearby, Park, Public Transit, Quiet Area and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 10'2'' x 9'5'' |
| 3pc Bathroom | Second level | Measurements not available |
| Bedroom | Second level | 11'5'' x 7'2'' |
| Bedroom | Second level | 8'11'' x 11'3'' |
| Utility room | Basement | 12'3'' x 5'9'' |
| Bedroom | Basement | 11'11'' x 8'4'' |
| Bedroom | Basement | 10'4'' x 10'0'' |
| Bedroom | Basement | 9'9'' x 10'4'' |
| Bedroom | Basement | 9'7'' x 12'4'' |
| Laundry room | Main level | 5'11'' x 11'10'' |
| 3pc Bathroom | Main level | Measurements not available |
| Kitchen/Dining room | Main level | 11'10'' x 5'11'' |
| Bedroom | Main level | 11'7'' x 9'10'' |
| Bedroom | Main level | 10'2'' x 9'9'' |
| Living room | Main level | 11'6'' x 13'8'' |
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