11 Mcdougall Road No longer available

Waterloo, N2L 2W4

$789,999

Description

Listed by RE/MAX REALTY SPECIALISTS INC..

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.

Location

View Map
  • Address: 11 Mcdougall Road
  • Neighborhood:
  • City: Waterloo
  • State: Ontario
  • Postal Code: N2L 2W4

Property Details

  • Property ID: X8408786
  • Property Price: $789,999
  • Style: Detached, 2-Storey
  • Rooms: 8+4
  • Bedrooms: 5+4
  • Bath: 2
  • Parking Spaces: 4
  • A/C: Central Air
  • Basement: Finished, Sep Entrance
  • Den: N
  • Exterior: Alum Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $5,077.29 (2024)
  • Lot: 119.18x40.07 (Feet)

Room details and dimensions

Statistics for similar Detached homes in

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Average days on market for similar Detached homes in

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100