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50 Margaret Ave N, Waterloo

  • Bedrooms: 5
  • Bathrooms: 2
  • Type: Residential
Source: Public Records

Property Details

Nestled on a huge corner lot, 3+2 fully finished, separate entrance basement house in a very matured neighborhood. Currently both the units generating $60,000 gross annual income. The classic student investment features exceptional positive cashflow. First time home buyers or investors, this is a turn key property spent around $65000 on renovations. 4 cars can be parked on the drive way and 2 cars inside the garage which is extra wide, heated with electricals. Potential to convert it into tiny house or garden suite or use as auto mechanical or wood working plus a storage shed on the side. Property is steps away from public transit and just minutes from uptown Waterloo, 1.7 kms to Connestoga College, 3.5 kms to UOW, 2.5 kms to WLU. Vacant possession available on closing. (id:1945)

Property Information

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • List AOR: Toronto
  • Stories: 1
  • Basement: Finished, Full
  • Utilities: Sewer, Natural Gas, Electricity
  • Photos Count: 40
  • Parking Total: 6
  • Bedrooms Total: 5
  • Structure Type: House
  • Common Interest: Freehold
  • Parking Features: Detached Garage
  • Street Dir Suffix: North
  • Tax Annual Amount: 3732.94
  • Exterior Features: Concrete, Brick
  • Community Features: School Bus
  • Lot Size Dimensions: 60.3 x 130 FT
  • Architectural Style: Bungalow
Room Dimensions
Type Level Dimensions
Living room Main level
Kitchen Main level
Bedroom Main level
Bedroom 2 Main level
Bedroom 3 Main level
Bathroom Main level
Bathroom Basement
Kitchen Basement
Living room Basement
Bedroom Basement
Bedroom 2 Basement
Utility room Basement

Nearby Places

Name Type Address Distance
Bluevale Collegiate Institute School 80 Bluevale St N 0.4 km
Bluevale Collegiate Institute The school opened in 1972 under the direction of p... 0.4 km
Waterloo Bible College Waterloo Bible College is a conservative, evangeli... 0.5 km
Seagram Stables Located in Seagram's hometown of Waterloo, Ontario... 0.6 km
Waterloo County, Ontario The major population centres were Waterloo, Kitche... 0.9 km
Regional Municipality of Waterloo It is often referred to as the Region of Waterloo ... 0.9 km
Elizabeth Ziegler Public School Its principal is currently Ms... 1.2 km
Waterloo, Ontario Kitchener and Waterloo are often jointly referred ... 1.2 km
Huether Hotel Restaurant 59 King St N 1.7 km
Burrito Boyz Restaurant 258 King St N 1.7 km
Huether Hotel It remains an architectural feature and gathering ... 1.7 km
Wilfrid Laurier University It is named in honour of Sir Wilfrid Laurier, the ... 1.8 km
Similar Houses Stat in Waterloo
We have found 6 Houses that closely match the specifications of the property located at 50 Margaret Ave N with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 719,500 and 1,075,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N2J3P6 postal code area of Waterloo Ontario Canada.
50 Margaret Ave N mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 50 Margaret Ave N. The current price of the property is $849,999, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $679,999. This would result in a monthly mortgage payment of $3,975 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 15
Bachelor's degree 45
University / Below bachelor level 10
Certificate of Qualification 10
College 95
University degree at bachelor level or above 75

Neighbourhood Marital Status Stat

Married 225
Widowed 25
Divorced 20
Separated 10
Never married 105
Living common law 35
Married or living common law 255
Not married and not living common law 165

Neighbourhood Construction Date

1961 to 1980 75
1981 to 1990 30
1991 to 2000 10
1960 or before 85
Comparison of 50 Margaret Ave N, Waterloo, ON with Nearby Houses
Nearby Cities Listings Avg. price
Kitchener 886 $898.934
Guelph 487 $920.495
Centre Wellington 54 $1.184.011
Fergus 53 $931.881
Puslinch 66 $2.266.707
Cambridge 558 $1.024.650
Woodstock 219 $840.950
Guelph Eramosa 61 $1.649.067
Popular Cities Listings Avg. price
Milton 529 $1.573.418
London 1554 $946.961
Burlington 986 $1.437.811
Brantford 612 $923.447
Oakville 1097 $1.889.977
Mississauga 1953 $1.354.125
Brampton 1701 $1.174.951
Caledon 449 $2.794.126
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