11 Mcdougall Road N, Waterloo
11 Mcdougall Road N, Waterloo
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![Utility room - 11 Mcdougall Road N, Waterloo, ON N2L2W4 Photo 1](https://www.ovlix.com/thumbs/11-Mcdougall-Road-N-Waterloo.jpg)
16 Photos
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- Bedrooms: 9
- Bathrooms: 2
- Living area: 2042 square feet
- MLS®: 40600635
- Type: Residential
- Added: 28 days ago
Property Details
This property offers an outstanding investment opportunity in a highly desirable location in Waterloo. The 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. Excellent opportunity to continue renting or rebuild a home. Many multimillion-dollar homes are being constructed and sold in the neighborhood and on the street. The tenants are cooperative, pay on time, and are willing to stay or vacate as required. Additional income is generated from parking and laundry services. The property's close proximity to the 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. (id:1945)
Best Mortgage Rates
Property Information
- Sewer: Municipal sewage system
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- List AOR: Mississauga
- Stories: 1.5
- Basement: Finished, Full
- Appliances: Washer, Refrigerator, Water softener, Stove, Dryer
- Directions: Erb & University Rd
- Living Area: 2042
- Lot Features: Sump Pump
- Photos Count: 16
- Water Source: Municipal water
- Parking Total: 4
- Bedrooms Total: 9
- Structure Type: House
- Common Interest: Freehold
- Street Dir Suffix: North
- Subdivision Name: 417 - Beechwood/University
- Tax Annual Amount: 5077.29
- Exterior Features: Aluminum siding
- Community Features: Quiet Area
- Foundation Details: Poured Concrete
- Zoning Description: Residential
- Above Grade Finished Area: 1433
- Below Grade Finished Area: 609
- Map Coordinate Verified YN: true
- Above Grade Finished Area Units: square feet
- Below Grade Finished Area Units: square feet
- Above Grade Finished Area Source: Other
- Below Grade Finished Area Source: Other
Room Dimensions
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