406 Tamarack Drive, Waterloo, Ontario N2L 4G6

Listed for:
$1,190,000
6 beds
2 baths
Listed 3 days ago
House for rent: 406 Tamarack Drive, Waterloo, Ontario N2L 4G6

View all 39 photos

Learn more about this property
Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
X12557078
Agent:
Song Gao
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

About

Albert St / Columbia St W 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! (id:27476)

Property Highlights

MLS® Number
X12557078
Type
Single Family
Ownership Type
Freehold
Land Size
58.1 x 125.5 FT|under 1/2 acre
Parking Space Total
5

Building

Building Type
House
Storeys
1.00
Square Footage
700 - 1100 sqft
Bathrooms Total
2
Bedrooms Above Ground
5
Bedrooms Total
6
Amenities
Park, Public Transit, Schools
Exterior Finish
Aluminum siding, Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Apartment in basement, Walk out, Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Living room
Lower level
3.66 m x 3.45 m
Bedroom 5
Lower level
3.17 m x 3.66 m
Bathroom
Lower level
2.17 m x 1.49 m
Laundry room
Lower level
2.13 m x 1.65 m
Dining room
Lower level
Measurements not available
Kitchen
Lower level
2.83 m x 4.26 m
Living room
Ground level
3.69 m x 4.39 m
Dining room
Ground level
3.69 m x 4.39 m
Kitchen
Ground level
3.99 m x 2.93 m
Primary Bedroom
Ground level
4.19 m x 3.71 m
Bedroom 2
Ground level
2.99 m x 3 m
Bedroom 3
Ground level
2.99 m x 3.26 m
Bedroom 4
Ground level
3.54 m x 2.62 m
Bathroom
Ground level
2.16 m x 2.29 m

Location