Melissa Cherry

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11 MCDOUGALL Road N, Waterloo, Ontario

$789,999

9 Beds
2 Baths
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 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:23309)

Listing ID: 40600635
Property Type: Single Family

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Rooms

Level	Type	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''

Details

Amenities Nearby: Golf Nearby, Park, Public Transit, Schools
Community Features: Quiet Area
Equipment: Furnace, Rental Water Softener, Water Heater
Features: Sump Pump
Ownership: Freehold
Parking Spaces: 4
Rental Equipment: Furnace, Rental Water Softener, Water Heater
Transaction: For sale
Zoning Description: Residential

Building

Appliances: Dryer, Refrigerator, Stove, Water softener, Washer
BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 5
Bedrooms Lower Level: 4
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Aluminum siding
Fireplace Present: False
Foundation: Poured Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2042 sqft
Stories Total: 1.5
Type: House
Utility Water: Municipal water

Land

Amenities: Golf Nearby, Park, Public Transit, Schools
Sewer: Municipal sewage system
Size Frontage: 40 ft

Listing provided by IPRO REALTY LTD
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 11 MCDOUGALL Road N in Waterloo Ontario. It was last modified on October 24th, 2024. Contact Melissa Cherry to schedule a viewing or to discover other Waterloo properties for sale.

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