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Home with brick exterior material, street for 56 Dover St, Waterloo Ontario N2J 1Z1
2 days on Market

56 Dover St, Waterloo, Ontario N2J 1Z1

Detached
3 + 2
3
~700-1100 sqft
$729,900
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Detached
3 + 2
3
~700-1100 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$853/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$960K

Median sold price*

*Based on last 30 days

Description

Smart Investment Opportunity in Waterloo! This turn-key, duplexed bungalow is a dream for investors or savvy end-users looking to offset their mortgage with rental income. Fully renovated and featuring a legal 2-bedroom basement apartment, this property offers parking for up to 5 vehicles - a rare find in such a prime location. Just minutes from Wilfrid Laurier University and the University of Waterloo, its ideally positioned to attract consistent, high-quality tenants year after year. Extensive updates mean peace of mind for years to come, including new electrical, plumbing, furnace, AC, and roof. The main level showcases luxury vinyl plank flooring throughout, with a sunlit living and dining area, recessed lighting, and a stylish kitchen with quartz counters and brand new stainless steel appliances. Three generously sized bedrooms and two full baths - including a private ensuite - complete the upper unit. Downstairs, the bright and well-finished lower apartment features the same quality flooring, its own laundry, and a practical layout for students or professionals. A fully fenced backyard offers green space for kids, pets, or summer entertaining. Whether you're looking to add to your portfolio or live upstairs while generating income below, this property checks all the boxes. Invest with confidence - this one is ready to go.


Upcoming Open House

Jul 12Sat1:00 PM - 3:00 PM

Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size6,375 SqFt(125 x 51)
Parking Spaces5
MLS ®NumberX12274174
Community NameCentral
Data SourceTRREB
Listing byRoyal LePage Royal City Realty

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Finished

Bsmt Floor

Kitchen

3.7 x 4.31

Rec

4.26 x 4.74

Utility

1.86 x 2.28

Bathroom

1.51 x 2.67


Features

Lot size: 6,375 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property History

Jul 9, 2025
ListedActive
$729,900
2 days on market
history photo preview42
Listing by trreb®

Market Data - Central

Geo Zone Map ThumbnailCentral

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

23 days

Compared to

2024

12 days

2023

6 days

2022

16 days

New Listings

Past 30 days

15 listings

Compared to

2024

14 listings

2023

11 listings

2022

16 listings

Units sold

Past 30 days

9 units

Compared to

2024

5 units

2023

9 units

2022

3 units

Median Sold Price

Past 30 days

$671,500

Compared to

2024

$960,000

2023

$795,000

2022

$610,000


Population and Demographics

Overview

Total population 13995
Average household income $123,262

Age (%)

0 to 19
13%
20 to 34
38%
35 to 49
15%
50 to 64
13%
65 and plus
21%

Household composition (%)

Single person
44%
Single family
43%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
79%
Others
5%
Mandarin
5%
German
2%
Spanish
1%
French
1%
Hindi
1%
Arabic
1%

House tenancy (%)

Renters
64%
Owners
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget