A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 265 GLENRIDGE Dr, Waterloo Ontario N2J 3W5
12 days on Market

265 GLENRIDGE Dr, Waterloo, Ontario N2J 3W5

Detached
5 + 6
6
~1500-2000 sqft
$1,479,999
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Detached
5 + 6
6
~1500-2000 sqft

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Highlights

Property Estimate

Days on market12 days

Estimated valueNot available

Price/Sqft$863/sqft

Monthly cost

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+9

Properties sold*

$830K

Median sold price*

*Based on last 30 days

Description

Exceptional Investment Opportunity in the Heart of Waterloo! This rare LEGAL DUPLEX , is located in the core strip of Waterloo, making it an ideal choice for investors, professionals, or families looking to live mortgage-free while generating strong rental income.Perfectly situated near Waterloo University, Wilfrid L & St. Jerome Unersities and Conestoga College, with direct bus Route 202 access to all schools, this property offers both convenience and long-term rental demand.Key Features: 11 spacious bedrooms, 6 bathrooms, and 4 kitchens across four self-contained units, 800 sq. ft. permitted extension, completed a few years ago with full City approval , Approved rental license from the City of Waterloo , Separate laundry area for tenants convenience, 4 parking spots available, Roof replaced recently, with all equipment in excellent working condition, Consistently generating over $100,000 in gross annual income for the past three years. Potential to live in the main unit while renting out the other three units, earning approximately $6,000/month in rental income. This property has been professionally managed and well-maintained by the owner, ensuring a smooth transition for the next investor. Whether youre seeking a high-yield rental property or an opportunity to live comfortably while your tenants cover the mortgage, this home is a must-see investment in Waterloos thriving student market. Walk Out Legal Basement


Property Details

StyleBungalow-Raised
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size6,808 SqFt(151.27 x 45.01)
Parking Spaces4
MLS ®NumberX12428614
Community NameWillowdale
Data SourceTRREB
Listing byRE/MAX CHAMPIONS REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Fin W/O

Main Floor

Kitchen

4.67 x 3.88

Eat-In Kitchen

Living

5.66 x 4.01

Primary

3.68 x 3.47

2nd Br

3.25 x 2.46


Features

Lot size: 6,808 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Sep 26, 2025
ListedActive
$1,479,999
12 days on market
history photo preview21
Listing by trreb®

Market Data - Willowdale

Geo Zone Map ThumbnailWillowdale

Buyer'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

18 days

Compared to

2024

27 days

2023

7 days

2022

29 days

New Listings

Past 30 days

17 listings

Compared to

2024

14 listings

2023

19 listings

2022

8 listings

Units sold

Past 30 days

3 units

Compared to

2024

9 units

2023

6 units

2022

6 units

Median Sold Price

Past 30 days

$733,333

Compared to

2024

$830,000

2023

$666,000

2022

$768,000


Population and Demographics

Overview

Total population 6301
Average household income $119,515

Age (%)

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

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