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11 McDougall Rd

McDougall Rd, Beechwood, Waterloo, ON, N2L 1W3

9
Beds
2
Baths
2,042
Sq. Ft.
$789,999
List Price
Details
Photos
16
Comparables
History
11 McDougall Rd, Waterloo, ON - 1 of 3
11 McDougall Rd, Waterloo, ON - 2 of 3
11 McDougall Rd, Waterloo, ON - 3 of 3
New
21 days on market

Quick Summary

  • Lucrative 9-bedroom rooming house
  • Generous 40x119 lot size
  • Solid monthly income over $6000
  • Cooperative, reliable tenants
  • Additional income from parking, laundry
  • Convenient access to universities
  • Peaceful, desirable neighborhood
  • Recently painted property

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... Show More

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:54626)

Property Details

Size

2,042 sq. ft.
15 total rooms across 1 floor
9 Beds
5 Above Grade - 4 Below Grade
2 Baths
2 Full

Parking

4 Parking Spaces
-

Lot

Size
480′0″ * 1427′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Aluminum siding
Foundation
Poured Concrete
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

Bedroom

9′5″ x 10′2″

3pc Bathroom

Bathroom

Bedroom

7′2″ x 11′5″

Bedroom

11′3″ x 8′11″

Utility room

5′9″ x 12′3″

Bedroom

8′4″ x 11′11″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40600635
Last Updated
June 18, 2024
Brokerage
IPRO REALTY LTD
Powered by: REALTOR.ca
Call us 800-591-0566

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