ON > Waterloo
Waterloo, ON N2J3W5,265 GLENRIDGE DRIVE
Waterloo, ON N2J3W5,265 GLENRIDGE DRIVE
Waterloo, ON N2J3W5,265 GLENRIDGE DRIVE
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Jeffrey Sefton

Jeffrey Sefton

+1(778) 235-4501
$1,479,999
Est. payment /mo
11 Beds
6 Baths
1,500 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $986

MLS® Listing ID X12428614

Style Raised bungalow

Bedrooms 11

Half Baths 1

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

Property Description

Exceptional Investment Opportunity in the Heart of Waterloo! This rare LEGAL DUPLEX , is located in the core strip of Waterloo, making it an ideal choice for investors, professionals, or families looking to live mortgage-free while generating strong rental income.Perfectly situated near Waterloo University, Wilfrid L & St. Jerome Unersities and Conestoga College, with direct bus Route 202 access to all schools, this property offers both convenience and long-term rental demand.Key Features: 11 spacious bedrooms, 6 bathrooms, and 4 kitchens across four self-contained units, 800 sq. ft. permitted extension, completed a few years ago with full City approval , Approved rental license from the City of Waterloo , Separate laundry area for tenants convenience, 4 parking spots available, Roof replaced recently, with all equipment in excellent working condition, Consistently generating over $100,000 in gross annual income for the past three years. Potential to live in the main unit while renting out the other three units, earning approximately $6,000/month in rental income. This property has been professionally managed and well-maintained by the owner, ensuring a smooth transition for the next investor. Whether youre seeking a high-yield rental property or an opportunity to live comfortably while your tenants cover the mortgage, this home is a must-see investment in Waterloos thriving student market. Walk Out Legal Basement (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 3.1 m X 3.5 m Kitchen

Extra Room 2 Basement 3.5 m X 3.1 m Bedroom

Extra Room 3 Basement 3 m X 3 m Bedroom

Extra Room 4 Basement 3 m X 3 m Bedroom

Extra Room 5 Basement 3.1 m X 3 m Bedroom

Extra Room 6 Basement 2.85 m X 2.88 m Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Raised bungalow

Others

Ownership Freehold

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Jeffrey Sefton

Jeffrey Sefton

+1(778) 235-4501

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265 GLENRIDGE DRIVE