$ 789,999
11 Mcdougall RD Waterloo, ON N2L 2W4
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$ 789,999
Est. payment | /mo
5 Beds
2 Baths
$ 789,999
Est. payment | /mo
5 Beds
2 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID X8408786
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,077
Tax Year 2024
Property Description
Attention Investors !! Location..Location..Location. Currently Property offers an outstanding Investment Opportunity in a highly Desirable location in Waterloo. Buyer has both Options to either Rent it as it is or Demolish it and Build Brand New Dream House in Future as currently there are already Multimillion Dollars Houses been Built on the Street . Currently this 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. Current Tenants are Very Co-operative, always pays rent on time, and are willing to either stay or vacate as required by Buyer. Additional Income is Generated from parking and Laundry Services as well. The property's close Proximity to the Both 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.
Location
Province ON
County Waterloo
Rooms
Family Room No
Basement Finished, Separate Entrance
Kitchen 1
Separate Den/Office 4
Interior
Interior Features Sump Pump, Water Softener
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Private
Garage Spaces 4.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 4
Building
Foundation Concrete
Listed by RE/MAX REALTY SPECIALISTS INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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