11 Mcdougall Road N , Waterloo, ON N2L 2W4
Waterloo, ON N2L 2W4
Description
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.
Details
| Mls | 40600635 |
|---|---|
| Listing Type | For Sale |
| Style | Detachd |
| Subtype | Resale |
| Status | Active |
| Days On Site | 188 |
| Listing Provided By | IPRO REALTY LTD | Nav Bhandal |
Features
| Beds | 9 |
|---|---|
| Baths | 2 Total |
| Sq Feet | 1,433 |
| Basement | Y |
| Zoning | Residential |
| Golf Course | Yes |
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Learn More About This Property
| State | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Zip Code | N2L 2W4 |
| Area | 4 Waterloo West |
| Subarea | 417 Beechwood | University |
| Community Name | 417 Beechwood/University |
| Listing VS Median (in 417 Beechwood/University) | |
Price: $789,999 low | high Med: $529,000 SqFt: 1,433 low | high Med: 1,446 $ / SqFt: $551 low | high Med: $366 On Site: 188 low | high Med: 39.000000 | |
