147 University Avenue, Waterloo, ON Image 1

$849,900

Detached For Sale
MLS - #X12184311
3 days ago- By RISING STAR REALTY LTD.

147 University Avenue, Waterloo, ON N2J 2W4

6 Bed
2 Bath
1100-1500 Sqft.
None Garage

Property Description

Property type

Detached

Lot size

N/A

Style

Bungalow

Approx. Area

1100-1500 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Bedroom2.4 x 3.5 mN/AMain
Bedroom 23.3 x 3.5 mN/AMain
Bedroom 33.5 x 2.9 mN/AMain
Bedroom 43.4 x 4 mN/ABasement

About 147 University Avenue

Fully Furnished Legal Duplex in Prime Waterloo Location Ideal for Investors or First-Time Buyers, a meticulously maintained legal duplex offering exceptional value in the heart of Waterloo. Situated just minutes from Wilfrid Laurier University, Conestoga College, and Highway 85, this property is perfectly positioned for both investors and first-time homebuyers seeking a blend of comfort and convenience...Key Features---6 Spacious Bedrooms:-Three bedrooms on the main floor and three in the legal lower-level suite, providing ample space for tenants or extended family.2 Full Bathrooms:- One on each level, ensuring comfort and privacy for all occupants. Fully Furnished: - Move-in ready with quality furnishings, eliminating the hassle of setup. Legal Lower-Level Suite: - Offers potential to add a second kitchen, enhancing rental income opportunities. Recent Upgrades: - $$$ invested in enhancements, including Furnace and Air Conditioning unit, a new laundry system, upgraded bathrooms, and more. Parking for 6 Vehicles: Private driveway accommodating multiple cars, a rare find in this area. Potential Rental Income: Making it a lucrative investment as it has licensed rental units. Zoning: - Located in an area with RMU-20 zoning, offering future development possibilities...Lot Size: - Generous 63 ft frontage with a depth of 100 ft, totaling 7610 sqft including lot irregularities, providing ample outdoor space. Utilities: - Equipped with forced air heating, central air conditioning, and municipal water and sewage services. Community Amenities: - Close proximity to parks, schools, shopping centers, and public transit routes. This property not only offers immediate rental income but also holds potential for future development, making it a versatile addition to any real estate portfolio or for First Time Buyer. Don't miss out on this exceptional opportunity in a sought-after Waterloo neighborhood. Some photos are virtually staged...

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Apartment, Separate Entrance

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Apartment, Separate Entrance
Cooling:Central Air
Heating:Forced Air
Parking Features:Available
2
Similar Homes Found
$897,500
Average Price
-5.3%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 147 University Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$3246.04/ month

Some information about this property - University Avenue

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