A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 402 Midwood Cres, Waterloo Ontario N2L 5N5

402 Midwood Cres, Waterloo, Ontario N2L 5N5

Detached
3 + 2
2
~1100-1500 sqft
$755,000
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Detached
3 + 2
2
~1100-1500 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$595/sqft

Monthly cost

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Description

Excellent investment opportunity in the heart of Waterloo! This beautifully updated, licensed rental property offers a turnkey opportunity in one of the city's most sought-after student rental locations. Featuring recent renovations throughout, the home provides modern finishes, spacious living areas, and low-maintenance ownership.The seller is currently completing the conversion of the lower level into a legal 3-bedroom secondary suite, creating even greater rental potential and maximizing future income opportunities.Ideally located just minutes from the University of Waterloo, Wilfrid Laurier University, Conestoga College, public transit, shopping, restaurants, and everyday amenities, this property is perfectly suited for students and investors alike. Whether you're expanding your portfolio or looking for a high-demand income property, this is an exceptional opportunity in a prime Waterloo location.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size4,596 SqFt(82.55 x 55.68)
Parking Spaces2
MLS ®NumberX13594730
Community NameBeechwood
Data SourceTRREB
Listing byROCK STAR REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Living

4.84 x 4.26

Bay Window / Broadloom

Kitchen

5.88 x 2.92

Eat-In Kitchen / Window / Tile Floor

Primary

3.1 x 3.9

Parquet Floor / Double Closet / Window

2nd Br

2.89 x 2.92

Parquet Floor / Closet / Window


Features

Lot size: 4,596 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Date unavailable
ListedActive
$755,000
< 1h on market
history photo preview15
Listing by trreb®
Property listed by ROCK STAR REAL ESTATE INC., Brokerage
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Market Data - Beechwood

Geo Zone Map ThumbnailBeechwood

Balanced Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

20 days

Compared to

2025

33 days

2024

15 days

2023

11 days

New Listings

Past 30 days

5 listings

Compared to

2025

17 listings

2024

15 listings

2023

12 listings

Units sold

Past 30 days

4 units

Compared to

2025

15 units

2024

7 units

2023

9 units

Median Sold Price

Past 30 days

$820,500

Compared to

2025

$1,080,000

2024

$1,076,100

2023

$1,140,140


Population and Demographics

Overview

Total population 7141
Average household income $139,800

Age (%)

0 to 19
20%
20 to 34
27%
35 to 49
16%
50 to 64
16%
65 and plus
21%

Household composition (%)

Single family
62%
Single person
28%
Multi person
9%
Multi family
1%

Mother tongue (%)

English
78%
Mandarin
5%
Others
4%
Arabic
4%
German
2%
Iranian Persian
2%
Spanish
1%

House tenancy (%)

Owners
57%
Renters
43%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget