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11 Mcdougall Road Waterloo, Ontario N2L 2W4

9 Bedroom 2 Bathroom
Central Air Conditioning Forced Air

$789,999

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. (id:27910)

Property Details

MLS® Number X8408786
Property Type Single Family
Features Sump Pump
Parking Space Total 4

Building

Bathroom Total 2
Bedrooms Above Ground 5
Bedrooms Below Ground 4
Bedrooms Total 9
Appliances Water Softener, Furniture
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type House
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 40.07 X 119.18 Ft
Size Total Text 40.07 X 119.18 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 3 3.1 m x 2.87 m
Second Level Bedroom 4 3.48 m x 2.19 m
Second Level Bedroom 5 3.43 m x 2.72 m
Basement Bedroom 3.15 m x 3.05 m
Basement Bedroom 2.97 m x 3.15 m
Basement Bedroom 3.63 m x 2.54 m
Basement Bedroom 2.92 m x 3.76 m
Ground Level Living Room 4.17 m x 3.51 m
Ground Level Kitchen 3.61 m x 1.8 m
Ground Level Laundry Room 3.61 m x 1.8 m
Ground Level Bedroom 3.53 m x 3 m
Ground Level Bedroom 2 3.1 m x 2.97 m