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$1,190,000
Available - For Sale
Listing ID: X12557078
Beautiful Legal Duplex In The Heart Of Waterloo's University District. Welcome To This Beautiful, Fully Licensed Duplex Ideally Located In One Of Waterloo's Most Sought-After Neighborhoods - Right Within The University District. Just A Short Walk To Wilfrid Laurier University, The University Of Waterloo, And Conestoga College, This Property Offers Exceptional Convenience For Students And Investors Alike. The Home Features A Spacious, Modern Kitchen With Quartz Countertops, Stylish Backsplash, New Cabinetry, And Stainless-Steel Appliances, With A Walk-Out To A Balcony Overlooking A Spacious Backyard That Backs Directly Onto St. David Catholic Secondary School's Green Field. No Neighbours Behind, Providing Lots Of Privacy. The Bright And Open Living And Dining Area Provides An Inviting Space For Relaxation And Entertaining. You'll Find Four Generously Sized Bedrooms, While A Separate Entrance Leads To An Additional Fully Finished Basement Apartment, Offering Flexibility For Tenants Or Extended Family. Spent Lots Of $$$ On Renovations, Including But Not Limited To Basement Waterproofing And An Upgraded 200A Electrical Panel, Which Is Very Rare In The Area. This Property Is City-Licensed For Student Housing And Currently Generates Approximately $5,000 Per Month During The School Year, Making It An Ideal Investment For Parents Of University Students, Seasoned Investors Seeking Strong Rental Returns, Or First-Time Buyers Looking For A Mortgage Helper. Extensive Renovations Have Been Completed Top To Bottom, Including (But Not Limited To):Roof (2021)HVAC System (2021)Gas Meter (2021)Electrical Panel Upgrade (2021)Basement Waterproofing (2021)Garage Door (2022)Driveway (2024)Additionally, This Property Falls Within An Area Identified By The City Of Waterloo For Potential Medium-Rise Residential Development, Offering Strong Future Growth Potential For Savvy Investors. Don't Miss This Rare Opportunity To Own A Turnkey, Income-Generating Property!
Price $1,190,000
Taxes: $5,229.96
Occupancy by: Tenant
Address: 406 Tamarack Drive , Waterloo, N2L 4G6, Waterloo
Acreage: < .50
Directions/Cross Streets: Albert St / Columbia St W
Rooms: 12
Bedrooms: 5
Bedrooms +: 1
Washrooms: 2
Family Room: F
Basement: Full
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Living Ro 12.10 14.40 Combined w/Dining, Laminate, Window
Room 2: Ground Dining Ro 12.10 14.40 Combined w/Living, Renovated
Room 3: Ground Kitchen 13.09 9.61 W/O To Deck, Ceramic Backsplash, Double Sink
Room 4: Ground Primary B 13.74 12.17 B/I Closet, Overlooks Frontyard, Window
Room 5: Ground Bedroom 2 9.81 9.84 Overlooks Backyard, Laminate, Large Window
Room 6: Ground Bedroom 3 9.81 10.69 Overlooks Backyard, Laminate, Window
Room 7: Ground Bedroom 4 11.61 8.59 Overlooks Frontyard, Laminate, Window
Room 8: Ground Bathroom 7.08 7.51 4 Pc Bath, Large Window, Window
Room 9: Lower Dining Ro 0 0 Renovated
Room 10: Lower Kitchen 9.28 13.97 Double Sink, B/I Range, Large Window
Room 11: Lower Living Ro 12.00 11.32 Renovated, Large Window
Room 12: Lower Bedroom 5 10.40 12.00 Renovated, Above Grade Window
Room 13: Lower Bathroom 7.12 4.89 Concrete Floor, Above Grade Window
Room 14: Lower Laundry 6.99 5.41 Ceramic Floor, Above Grade Window
No. of Pieces Level
Washroom 1:  4 Ground
Washroom 2:  3 Lower
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Ground
Washroom 7:  3 Lower
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Ground
Washroom 12:  3 Lower
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Ground
Washroom 17:  3 Lower
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Property Type: Detached
Style: Bungalow-Raised
Exterior: Aluminum Siding
Brick
Garage Type: Built-In
(Parking/)Drive: Front Yard
Drive Parking Spaces: 4
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Pool: None
Approximatly Square Footage: 700-1100
Property Features: Clear View
Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: A
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ROYAL LEPAGE SIGNATURE REALTY

406 Tamarack Drive , Waterloo, N2L 4G6, Waterloo

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Detached
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Bungalow-Raised
Lot Size: x 125.46(Feet)
Approximate Age:
Tax: $5,229.96
Maintenance Fee: $0
Beds: 5+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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