11 Mcdougall Road N Waterloo, Ontario N2L 2W4
$789,999
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:27910)
Property Details
| MLS® Number | 40600635 |
| Property Type | Single Family |
| Amenities Near By | Golf Nearby, Park, Public Transit, Schools |
| Community Features | Quiet Area |
| Equipment Type | Furnace, Rental Water Softener, Water Heater |
| Features | Sump Pump |
| Parking Space Total | 4 |
| Rental Equipment Type | Furnace, Rental Water Softener, Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 9 |
| Appliances | Dryer, Refrigerator, Stove, Water Softener, Washer |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2042 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Golf Nearby, Park, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 119 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 10'2'' x 9'5'' | ||
| Second Level | 3pc Bathroom | Measurements not available | ||
| Second Level | Bedroom | 11'5'' x 7'2'' | ||
| Second Level | Bedroom | 8'11'' x 11'3'' | ||
| Basement | Utility Room | 12'3'' x 5'9'' | ||
| Basement | Bedroom | 11'11'' x 8'4'' | ||
| Basement | Bedroom | 10'4'' x 10'0'' | ||
| Basement | Bedroom | 9'9'' x 10'4'' | ||
| Basement | Bedroom | 9'7'' x 12'4'' | ||
| Main Level | Laundry Room | 5'11'' x 11'10'' | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | Kitchen/dining Room | 11'10'' x 5'11'' | ||
| Main Level | Bedroom | 11'7'' x 9'10'' | ||
| Main Level | Bedroom | 10'2'' x 9'9'' | ||
| Main Level | Living Room | 11'6'' x 13'8'' |
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June 18 2024 03:53:06
Mississauga Real Estate Board
Ipro Realty Ltd