$999,880
PRICE
5
BEDROOMS
2
BATHROOMS
X13016716
MLSID
406 Tamarack Drive, Waterloo
Welcome To This Beautifully Renovated, Fully Licensed Legal Duplex In The Heart Of Waterloo's Desirable University District. Walking Distance To Wilfrid Laurier University, University Of Waterloo, And Conestoga College-Ideal For Investors And Student Living.The Second Floor Features A Modern Kitchen With Quartz Countertops, Backsplash, New Cabinetry, And Stainless-Steel Appliances, With Walk-Out To A Balcony Overlooking A Private Backyard Backing Onto St. David Catholic Secondary School Field-No Rear Neighbours. Bright Open-Concept Living/Dining And 4 Spacious Bedrooms.Separate Entrance To A Fully Finished Main-Floor Apartment, Perfect For Rental Income Or Extended Family. Extensive Upgrades Include Waterproofed Basement And Rare 200-Amp Electrical Panel. Updates: Roof (2021), HVAC (2021), Gas Meter (2021), Electrical (2021); Garage Door (2022); Driveway (2024); Main Floor (2025).City-Licensed Student Rental Generating Approx. $5,000/Month During School Year. Located In An Area With Future Medium-Rise Development Potential.Turnkey, Income-Generating Legal Duplex With 2 Licensed Units In A Prime Location.
Summary
Address
406 Tamarack Drive
City
Street
MLSID
X13016716
Property Type
Detached
Property Category
Bedrooms
5
Bathrooms
2
Kitchens
2
Zoning
Resdiential
Taxes (Annual)
$5,229.96
Tax Year
2025
Published
April 18, 2026
Days on Market
46 Days
Possession Type
Flexible
Possession Details
Flexible
Inclusions
Existing Appliances: 2 Fridges, 2 Stoves, 2 Range Hoods, 1 Dishwasher, 2 Washers, 2 Dryers, 2 Range Hoods, All Existing Window Covers.
Exclusions
All Tenants Belongings
Details
Property Features
Clear View, Library, Park, Public Transit, School
Security Features
Carbon Monoxide Detectors, Smoke Detector
Bathroom 1
4-Piece Second Level
Bathroom 2
3-Piece Main Level
Basement
Full, Apartment
Exterior Features
Deck, Landscaped, Privacy
Interior Features
Auto Garage Door Remote, Carpet Free
Parking Spaces
4
Parking Total
5
Parking Features
Front Yard Parking
Architectural Style
Bungalow-Raised
Roof
Asphalt Shingle
Construction Materials
Aluminum Siding, Brick
Lot Width
58 Feet
Lot Depth
125 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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Listing Contracted with ROYAL LEPAGE SIGNATURE REALTY