Added 5 months ago
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Type: Detached
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Style: 2-Storey
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Lot Size: 40.07 x 119.18 Feet
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Age: No Data
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Taxes: $5,077 per year
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Days on Site: 142 Days
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Added: Jun 05, 2024 (5 months ago)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: X8408786
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Listed By: Re/max realty specialists inc.
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.
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Property
Status: Sale
Property Type: Detached
Style: 2-Storey
Area: Waterloo
Availability Date: TBA
Inside
Bedrooms: 5
Bedrooms Plus: 4
Bathrooms: 2
Kitchens: 1
Rooms: 8
Den/Family Room: No
Air Conditioning: Central Air
Fireplace: No
Laundry Level: Main
Washrooms: 2
Building
Basement: Finished
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Alum Siding
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 4
Total Parking Spaces: 4
Fees
Tax Year: 2024
Tax Legal Description: PT LT 31 PL 496 CITY OF WATERLOO AS IN 1004555; WATERLOO
Taxes: $5,077
Land
Cross Street: University Ave & Erb
Municipality District: Waterloo
Fronting On: North
Parcel Number: 223920120
Pool: None
Sewer: Sewers
Lot Depth: 119.18 Feet
Lot Frontage: 40.07 Feet
Rooms
Room details for 11 Mcdougall Road, Waterloo
| Type | Dimensions | Description |
|---|---|---|
| Living Ground | 3.51 x 4.17 | |
| Kitchen Ground | 1.80 x 3.61 | |
| Laundry Ground | 1.80 x 3.61 | |
| Br Ground | 3.00 x 3.53 | |
| 2nd Br Ground | 2.97 x 3.10 | |
| 3rd Br 2nd | 2.87 x 3.10 | |
| 4th Br 2nd | 2.19 x 3.48 | |
| 5th Br 2nd | 2.72 x 3.43 | |
| Br Bsmt | 2.54 x 3.63 | |
| Br Bsmt | 3.76 x 2.92 | |
| Br Bsmt | 3.05 x 3.15 | |
| Br Bsmt | 3.15 x 2.97 |
Somewhat Walkable
- Some errands can be accomplished on foot.
Good Transit
- Some errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
Our Lady of Lourdes Catholic Elementary School
Elementary: CatholicHoly Rosary Catholic Elementary School
Elementary: CatholicKeatsway Public School
Elementary: PublicMacGregor Public School
Elementary: PublicCentennial (Waterloo) Public School
Elementary: PublicEmpire Public School
Elementary: PublicSt David Catholic Secondary School
Secondary: CatholicForest Heights Collegiate Institute
Secondary: PublicKitchener Waterloo Collegiate and Vocational School
Secondary: PublicBluevale Collegiate Institute
Secondary: PublicWaterloo Collegiate Institute
Secondary: PublicResurrection Catholic Secondary School
Secondary: Catholic-
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