11 Mcdougall Road
Waterloo, Ontario N2L2W4

5 beds · 2 baths · null

Attention Investors !! Location..Location..Location. Currently Property offers an outstanding Investment Opportunity in a highly Desirable location in Waterloo. Buyer has both Options to either Rent it as it is or Demolish it and Build Brand New Dream House in Future as currently there are already Multimillion Dollars Houses been Built on the Street . Currently this Licensed 9-Bedroom Rooming house sits on a generous 40x119 lot, with all rooms currently Rented, Generating a Solid income of over $6000 per month. Current Tenants are Very Co-operative, always pays rent on time, and are willing to either stay or vacate as required by Buyer. Additional Income is Generated from parking and Laundry Services as well. The property's close Proximity to the Both Universities and Convenient access to Public Transit, combined with its peaceful location, make it an ideal choice for Students. The property is consistently in high demand among Renters and has been recently Painted. (id:39198)

Facts & Features

Building Type House, Detached

Year built

Square Footage

Stories 2

Bedrooms 5

Bathrooms 2

Parking 4

Neighbourhood

Land size 40.07 x 119.18 FT

Heating type Forced air

Basement typeN/A (Finished)

Parking Type

Time on REALTOR.ca16 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: RE/MAX REALTY SPECIALISTS INC.

Powered by: REALTOR.ca

Home price

$789,999

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$7,186 / month

Rent $6,355

Savings $831

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$6,333 / month

Rent $6,160

Savings $173

Initial deposit 5%

Savings target Fixed at 5%

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