About Property

Fully Furnished Legal Duplex in Prime Waterloo Location Ideal for Investors or First-Time BuyersWelcome to 147 University Avenue East, 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:- Over $30,000 invested in enhancements, including 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: Estimated at $4,700 per month, making it a lucrative investment.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.

Features