map icon

50 Margaret Ave N

Margaret Ave N, Lincoln Heights, Waterloo, ON, N2J 3P6

5
Beds
2
Baths
$849,999
List Price
Details
Photos
40
Comparables
History
50 Margaret Ave N, Waterloo, ON - 1 of 3
50 Margaret Ave N, Waterloo, ON - 2 of 3
50 Margaret Ave N, Waterloo, ON - 3 of 3
New
17 days on market

Quick Summary

  • Spacious corner lot property
  • Fully finished separate basement
  • Generates $60,000 annual income
  • Exceptional positive cash flow
  • Renovated turnkey condition
  • Ample parking for 6 cars
  • Convenient transit and college access
  • Flexible conversion potential

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... Show More

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:54626)

Property Details

Size

Sq. Ft. Not Available
12 total rooms across 1 floor
5 Beds
3 Above Grade - 2 Below Grade
2 Baths
2 Full

Parking

6 Parking Spaces
Detached Garage

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick, Concrete
Foundation
Unknown
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Sanitary sewer
SHOW LESS

Rooms

Bedroom 2

12′9″ x 12′

Utility room

11′1″ x 17′1″

Bathroom

6′2″ x 11′1″

Kitchen

11′3″ x 14′

Living room

12′7″ x 17′3″

Bedroom

10′10″ x 12′

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X8288912
Last Updated
May 14, 2024
Brokerage
CIRCLE REAL ESTATE
Powered by: REALTOR.ca
Call us 800-591-0566

Book A Private Showing

For Sale Nearby

233 Murdock Ave, Waterloo, ON
233 Murdock Ave
$849,900
Waterloo, ON, N2J 2M6
  • 2,246 Sq. Ft.
  • 4
  • 2
199 Vermont St, Waterloo, ON
199 Vermont St
$799,000
Waterloo, ON, N2J 2M9
  • 5
  • 3
250 Royal St, Waterloo, ON
250 Royal St
$879,900
Waterloo, ON, N2J 2J2
  • 2,341 Sq. Ft.
  • 3
  • 3
87 Mayfield Ave, Waterloo, ON
87 Mayfield Ave
$999,900
Waterloo, ON, N2J 3R9
  • 3,204 Sq. Ft.
  • 3
  • 4
92 Mayfield Ave, Waterloo, ON
92 Mayfield Ave
$1,449,000
Waterloo, ON, N2J 3S1
  • 4000 Sq. Ft.
  • 4
  • 4
65 Brendawood Crescent, Waterloo, ON
65 Brendawood Crescent
$784,900
Waterloo, ON, N2J 4J5
  • 1,378 Sq. Ft.
  • 3
  • 2
140 Renaud Dr, Waterloo, ON
140 Renaud Dr
$899,900
Waterloo, ON, N2J 3T3
  • 3
  • 2
8 - 100 Bluevale St N, Waterloo, ON
8-100 Bluevale St N
$575,000
Waterloo, ON, N2J 4J9
  • 1,310 Sq. Ft.
  • 3
  • 2

Sold Nearby

219 Bridgeport Rd E, Waterloo, ON
Sold Listing
Get verified. Local real estate boards require email verification.
219 Bridgeport Rd E
$XXX,XXX
Waterloo, ON, N2J 2K7
  • 3
  • 2
199 Vermont St, Waterloo, ON
Sold Listing
Get verified. Local real estate boards require email verification.
199 Vermont St
$XXX,XXX
Waterloo, ON, N2J 2M9
  • 4
  • 3
175 A Vermont St, Waterloo, ON
Sold Listing
Get verified. Local real estate boards require email verification.
175 A Vermont St
$XXX,XXX
Waterloo, ON, N2J 2M9
  • 1,100 - 1,500 Sq. Ft.
  • 3
  • 2
225 Bridgeport Rd E, Waterloo, ON
Sold Listing
Get verified. Local real estate boards require email verification.
225 Bridgeport Rd E
$XXX,XXX
Waterloo, ON, N2J 2K7
  • 2
  • 2
185 Washington Ave, Waterloo, ON
Sold Listing
Get verified. Local real estate boards require email verification.
185 Washington Ave
$XXX,XXX
Waterloo, ON, N2J 2N6
  • 700 - 1,100 Sq. Ft.
  • 3
  • 2
76 Margaret Ave N, Waterloo, ON
Sold Listing
Get verified. Local real estate boards require email verification.
76 Margaret Ave N
$XXX,XXX
Waterloo, ON, N2J 3P9
  • 3
  • 2
240 Erb St E, Waterloo, ON
Sold Listing
Get verified. Local real estate boards require email verification.
240 Erb St E
$XXX,XXX
Waterloo, ON, N2J 1M8
  • 1,500 - 2,000 Sq. Ft.
  • 4
  • 3
234 Erb St E, Waterloo, ON
Sold Listing
Get verified. Local real estate boards require email verification.
234 Erb St E
$XXX,XXX
Waterloo, ON, N2J 1M8
  • 4
  • 2

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.