452 Midwood Cres, Waterloo, Ontario N2L 5N5

Attention Investors and First-Time Buyers! Looking for a property with positive cash flow or a mortgage helper? Look no further! Welcome to this beautifully renovated bungalow in a prime Waterloo location. This rare gem features a legal basement suite, offering exceptional potential for investors and families alike. With a separate entrance, the home ensures privacy and convenience for both levels. Both the main floor and basement boast spacious, functional layouts with three bedrooms and one bathroom each, perfect for multi-generational living or maximizing rental income.Whether you're looking for a smart investment, your first home, or a property with built-in, income potential, this one checks all the boxes! Location Highlights: Just 5 minutes to University of Waterloo, Conestoga College, shopping centres, and more!Unbeatable location with strong rental demand. Income Potential: Main floor leased at $2,400/month + utilities (buyer must assume tenants). Basement is currently vacant projected rent: $2,200/month. Additional Features: Vendor Take Back (VTB) available up to $50,000. Appliances included: 2 fridges, 2 stoves, 2 sets of laundry units, water softener, and owned water heater. Flexible Showings: Appointments available anytime, any day Pre-emptive offers welcome at any time! Don't miss out on this versatile, income-generating opportunity in one of Waterloos most desirable neighbourhoods !