$799,900
5.17 BTC
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Map
147 University Avenue, Waterloo
$799,900
PRICE
3 + 3
BEDROOMS
2
BATHROOMS
X12184311
MLSID

147 University Avenue, Waterloo

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.
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Sold History

SOLD
1 November 2021
$755,000

Summary

Address
147 University Avenue
MLSID
X12184311
Property Type
Detached
Property Category
Bedrooms
3 + 3
Bathrooms
2
Kitchens
1
Zoning
RMU-20
Taxes (Annual)
$4,530.00
Tax Year
2024
Published
May 30, 2025
Days on Market
64 Days
Possession Type
Flexible
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Inclusions

All ELF's, 2 Fridges, Stove, Washer & Dryer , Freezer, All rooms & Living room furniture, All window coverings.

Details

Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Basement Level
Parking Spaces
6
Parking Total
6
Parking Features
Available
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Brick, Shingle
Lot Size
7,610 SquareFeet
Lot Width
63 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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