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$875,000
Status: For Sale
Rare Find! Highly auspicious North-facing VASTU-compliant home; Fully Renovated LEGAL DUPLEX - Turnkey & Positive Cash Flow. Minutes from 3 universities 3+2 Bedrooms 2 Full Baths, 2 Kitchens. Detached bungalow on a large lot in a quiet, family-friendly avenue in the desirable Lincoln Heights / Glenridge neighbourhood - within the boundary of top-rated schools. MAIN FLOOR: Spacious layout with a Large primary bedroom and walk-out to a private deck overlooking the backyard, plus two additional regular bedrooms. LEGAL BASEMENT: 2 Large bedrooms + Office room. Highlights: Over 2,000 sq ft of finished living space; Detached oversized garage + long driveway with ample parking; Currently rented to respectful, responsible university students who pay on time and care for the property; POSITIVE CASH FLOW from day one; Bonus upside - BUILD BIG LATER: This large lot qualifies as-of-right for up to a 4-unit, 4-storey building under Waterloo's December 2024 FOUR Units, FOUR Storeys bylaw - no rezoning, no variances. A complete conceptual fourplex design (3D model + floor plans) is available for serious buyers. A standout opportunity for homeowners & investors alike. No gimmicks. NO offer date.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X13487184 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :25 Jun, 2026 (1 Day ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Waterloo |
|---|---|
| Postal Code | :
N2J 3S6
|
| Price | : $875,000 |
|---|---|
| Property Taxes | :$4451.61 |
| Tax Year | :2025 |
|---|
| Bedrooms | :3 + 3 |
|---|---|
| No. of Rooms | :7 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :Yes |
| Cross Street | :University Ave / Conestoga Pkwy |
| Bathrooms | :2 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :700-1100 sqft |
| Fireplace/Stove | :No |
| Virtual Tour | :Virtual Tour (External Link) |
| Office | :4.1 m x 3.35 m |
|---|---|
| Kitchen | :4.3 m x 4.0 m |
| Bedroom 2 | :3.07 m x 2.9 m |
| Living Room | :4.3 m x 4.0 m |
| Bathroom | :2.95 m x 1.5 m |
| Bathroom | :1.75 m x 1.4 m |
| Living Room | :6.05 m x 3.5 m |
|---|---|
| Kitchen | :5.1 m x 3.1 m |
| Bedroom 2 | :3.2 m x 3.35 m |
| Bedroom 3 | :4.0 m x 2.9 m |
| Primary Bedroom | :3.3 m x 3.97 m |
| Dining Room | :6.05 m x 3.5 m |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :5 |
| Basement | :Apartment |
| Garage | :Detached |
|---|---|
| Laundry Level | :Lower Level |
25 Jun, 2026
TREB #X13487184
Listed
$875000.0
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