147 University Avenue E Waterloo, ON N2J 2W4
Listing Courtesy of: TORONTO IDX / Rising Star Realty Ltd.

  147 University Avenue E Waterloo, ON N2J 2W4

Active
$626,522
6
BED
2
BATH
1100-1500
SQFT

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.

MLS®:
X12184311
Taxes
$4,530(2024)
Lot Size
7,610 SQFT
Type
Single-Family Home
Style
Bungalow
County
Waterloo Regional Municipality

Listed By

Rising Star Realty Ltd.
Source
TORONTO IDX
Last checked Jun 18 2025 at 5:00 AM GMT+0000
Bathroom Details
Interior Features
  • In-Law Capability
  • Carpet Free
  • In-Law Suite
  • Primary Bedroom - Main Floor
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Apartment
  • Separate Entrance
Pool Information
  • None
Exterior Features
  • Brick
  • Shingle
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Available
Stories
  • 1
Location
   
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Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/17/25 22:00