172 ELGIN Crescent Open House Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2J2S6
OPEN HOUSE
Sun Oct 19, 12:30pm - 2:30pm
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,266 sqft
Price per Sqft $348
Subdivision 116 - Glenridge/Lincoln Heights
MLS Listing ID 40765183
Style Bungalow
Bedrooms 5
Year Built 1961
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
Property Description
Live Upstairs, Rent Out the Lower Level – Licensed Dwelling with Walkout Basement in Prime Waterloo Location Upper level vacant – turnkey investment opportunity or ideal mortgage helper! This outstanding LICENSED 2-unit brick bungalow with loft and walkout basement is just steps to Uptown Waterloo, WLU, University of Waterloo, Conestoga College, shopping, and the LRT. Perfect for investors, multi-generational families, or parents seeking student housing. The main level offers a bright, functional layout with two bedrooms plus a loft bedroom, an eat-in kitchen with updated counters and faucet (2022), living room, and a 3-piece bath. Hardwood floors in the bedrooms, fresh paint, vinyl plank flooring in the living room and hallway, and a charming enclosed front porch add warmth and character. The fully finished walkout lower level, renovated in 2017, features large windows, a private entrance, a spacious family room with direct access to a covered patio, two bedrooms, a 4-piece bathroom, and a stylish second kitchen. The lower unit also includes a large utility room, laundry with full-size stackable washer/dryer (2020), cold cellar, and plenty of storage. Upgrades & Features: 50-year steel roof, furnace (2022)main floor fridge (2024),Vinyl plank flooring (2019), basement windows (2018/2019), water softener (2019)Eavestroughs & garage door (2020)Custom window blinds in basement (2022) The deep, fully fenced backyard includes a 9' x 12' shed—perfect for extra storage or creative future use. With a valid Waterloo rental license, this home is move-in or rent-out ready, offering excellent income potential in one of the region's most sought-after locations.This one checks all the boxes—don't miss your chance to own a versatile, income-generating property in Uptown Waterloo. The extra income covers a $335,000 mortgage Great opportunity for home ownership . (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 11'2'' x 10'4'' Bedroom
Extra Room 2 Basement 2'7'' x 2'8'' Laundry room
Extra Room 3 Basement 19'8'' x 10'7'' Kitchen
Extra Room 4 Basement 10'4'' x 10'1'' Bedroom
Extra Room 5 Basement Measurements not available 4pc Bathroom
Extra Room 6 Basement 12'2'' x 10'2'' Bedroom
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features Yes
Community Features School Bus
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Architectural Style Bungalow
Others
Ownership Freehold
Virtual Tour https://vimeopro.com/user49762055/172-elgin-crescent