7 days on Market

147 University Ave, Waterloo, Ontario N2J 2W4

Detached
3 + 3
2
~1100-1500 sqft
$849,900
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Detached
3 + 3
2
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$669/sqft

Est. Mortgage$3,650/mo

Tax Amount (2024)$4,530/yr

Days On Market7 days


Description

Fully Furnished Legal Duplex in Prime Waterloo Location Ideal for Investors or First-Time Buyers, a meticulously maintained legal duplex offering exceptional value in the heart of Waterloo. Situated just minutes from Wilfrid Laurier University, Conestoga College, and Highway 85, this property is perfectly positioned for both investors and first-time homebuyers seeking a blend of comfort and convenience...Key Features---6 Spacious Bedrooms:-Three bedrooms on the main floor and three in the legal lower-level suite, providing ample space for tenants or extended family.2 Full Bathrooms:- One on each level, ensuring comfort and privacy for all occupants. Fully Furnished: - Move-in ready with quality furnishings, eliminating the hassle of setup. Legal Lower-Level Suite: - Offers potential to add a second kitchen, enhancing rental income opportunities. Recent Upgrades: - $$$ invested in enhancements, including Furnace and Air Conditioning unit, a new laundry system, upgraded bathrooms, and more. Parking for 6 Vehicles: Private driveway accommodating multiple cars, a rare find in this area. Potential Rental Income: Making it a lucrative investment as it has licensed rental units. Zoning: - Located in an area with RMU-20 zoning, offering future development possibilities...Lot Size: - Generous 63 ft frontage with a depth of 100 ft, totaling 7610 sqft including lot irregularities, providing ample outdoor space. Utilities: - Equipped with forced air heating, central air conditioning, and municipal water and sewage services. Community Amenities: - Close proximity to parks, schools, shopping centers, and public transit routes. This property not only offers immediate rental income but also holds potential for future development, making it a versatile addition to any real estate portfolio or for First Time Buyer. Don't miss out on this exceptional opportunity in a sought-after Waterloo neighborhood. Some photos are virtually staged...


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size6,300 SqFt(100 x 63)
Parking Spaces6
MLS ®NumberX12184311
Community NameWillowdale
Data SourceTRREB
Listing byRISING STAR REALTY LTD.

Features

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

Main Floor

Br

2.4 x 3.5

2nd Br

3.3 x 3.5

3rd Br

3.5 x 2.9

Kitchen

3.3 x 3.0


Features

Lot size: 6,300 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by RISING STAR REALTY LTD., Brokerage

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Market Data - Willowdale

Geo Zone Map ThumbnailWillowdale

Strong 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

11 days

Compared to

2024

10 days

2023

7 days

2022

9 days

New Listings

Past 30 days

25 listings

Compared to

2024

17 listings

2023

12 listings

2022

17 listings

Units sold

Past 30 days

11 units

Compared to

2024

10 units

2023

10 units

2022

7 units

Median Sold Price

Past 30 days

$842,000

Compared to

2024

$844,950

2023

$785,500

2022

$722,500


Population and Demographics

Overview

Total population 6301
Average household income $119,515

Age (%)

20 to 34
27%
0 to 19
19%
65 and plus
19%
50 to 64
18%
35 to 49
18%

Household composition (%)

Single family
60%
Single person
32%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
86%
Others
5%
German
2%
Spanish
2%
Mandarin
2%
Arabic
2%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget