50 MARGARET AVENUE N, Waterloo, Ontario N2J 3P6
$849,999.00
- 5 bedrooms
- 2 bathrooms
Nestled on a huge corner lot, 3+2 fully finished, separate entrance basement house in a very matured neighborhood. Currently both the units generating $60,000 gross annual income. The classic student investment features exceptional positive cashflow. First time home buyers or investors, this is a turn key property spent around $65000 on renovations. 4 cars can be parked on the drive way and 2 cars inside the garage which is extra wide, heated with electricals. Potential to convert it into tiny house or garden suite or use as auto mechanical or wood working plus a storage shed on the side. Property is steps away from public transit and just minutes ... read more
Nestled on a huge corner lot, 3+2 fully finished, separate entrance basement house in a very matured neighborhood. Currently both the units generating $60,000 gross annual income. The classic student investment features exceptional positive cashflow. First time home buyers or investors, this is a turn key property spent around $65000 on renovations. 4 cars can be parked on the drive way and 2 cars inside the garage which is extra wide, heated with electricals. Potential to convert it into tiny house or garden suite or use as auto mechanical or wood working plus a storage shed on the side. Property is steps away from public transit and just minutes from uptown Waterloo, 1.7 kms to Connestoga College, 3.5 kms to UOW, 2.5 kms to WLU. Vacant possession available on closing. (id:25417)
- Listing ID: X8288912
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Bungalow |
| Ownership: | Freehold |
| Lot Size: | 60.3 by 130 FT|under 1/2 Acre |
| Parking: | Detached Garage 6 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Garage Door Opener, Microwave, Refrigerator, Storage Shed, Stove, Two Stoves, Washer, Water Heater, Window Coverings and Dryer |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Brick and Concrete |
| Basement: | Full (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| Municipality: | Waterloo |
| Province: | Ontario |
| Nearby Amenities: | Park, Public Transit, School Bus and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom 2 | Basement | 3.68 m x 3.9 m |
| Utility room | Basement | 5.21 m x 3.38 m |
| Bathroom | Basement | 3.38 m x 1.88 m |
| Kitchen | Basement | 4.29 m x 3.44 m |
| Living room | Basement | 5.27 m x 3.84 m |
| Bedroom | Basement | 3.68 m x 3.32 m |
| Living room | Main level | 4.91 m x 3.5 m |
| Kitchen | Main level | 3.62 m x 3.32 m |
| Bedroom | Main level | 3.59 m x 3.69 m |
| Bedroom 2 | Main level | 3.6 m x 2.68 m |
| Bedroom 3 | Main level | 2.68 m x 2.74 m |
| Bathroom | Main level | 2.74 m x 2.04 m |
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