11 Mcdougall Rd, Waterloo, Ontario N2L 2W4
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$386/sqft
Est. Mortgage$3,393/mo
Tax Amount (2024)$5,077/yr
Days On Market172 days
Description
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.
Property Details
Interior
Features
Main Floor
Kitchen/Dining Room
11.07 x 17Bedroom
10.02 x 9.09Bathroom
3-Piece
Laundry
1.80 x 3.61Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 4
Property History
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