$890,000

Investment For Sale In Lakeshore, Waterloo, Ontario

$890,000

Property Information:

Welcome to this exceptional bungalow featuring two legal units, offering a fantastic opportunity for homeowners, investors, or multi-generational families. Located in the desirable Old Lakeshore neighbourhood, this well-maintained property combines comfortable living, excellent rental potential, and an impressive 8’ x 20’ Swim Spa. The home has been thoughtfully updated over the years, including a newer electrical panel and plumbing, a 2020 furnace and A/C, a 2020 on-demand water heater, a 2019 asphalt driveway, an updated, newly legal 1-bed basement unit, a garage door, eavestroughs and fascia, plus an updated steel roof. The front porch and fully fenced backyard were newly completed this year. The bright primary bedroom features sliding-door access to a new deck surrounding the Swim Spa, creating a private and relaxing outdoor oasis. The fenced yard, complemented by privacy curtains and mature trees, offers excellent potential to create your own backyard retreat. A large storage shed provides additional convenience. Inside, the spacious updated kitchen is ideal for anyone who loves to cook, featuring stainless steel appliances, a gas stove, oversized refrigerator, deep sink, and an extra-large peninsula countertop. The updated main-floor bathroom includes convenient laundry and a walk-in shower. The living room is filled with natural light through a large picture window overlooking the peaceful cul-de-sac. Downstairs, the legal 1 beds basement provides a gas fireplace, modern kitchen, additional bedroom, and full bathroom. It is ideal for independent living and also offers excellent potential as a stable rental unit, providing an additional source of rental income for the property. Enjoy a fantastic location close to Laurelwood Conservation Area, the University of Waterloo, and the LRT, while being within walking distance of schools, public transit, and shopping. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Floor Space: 1766 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water softener, Garage door opener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 2
  • Amenities Nearby: Schools, Shopping
  • Built in: 1974
  • Community Features: Quiet Area, Community Centre, School Bus
  • Features: Sump Pump
  • Floor Space (approx): 1766 Square Feet
  • Lot Depth: 158 Feet
  • Lot Frontage: 40 Feet
  • Zoning: SR1-10
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 3

Courtesy of: Royal LePage Peaceland Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Wood-finish flooring throughout, recessed ceiling detail, and a built-in media center with shelving -
  • Kitchen featuring wood-finish flooring, white cabinetry, stainless steel appliances, a multi-tone tile backsplash, and an island with counter seating -
  • Kitchen featuring wood-finish flooring, white cabinetry with silver hardware, an integrated stainless steel range, and a tiled backsplash -
  • Wood-finish flooring, sliding glass door, private deck, and a contemporary dark wood-finish dresser -
  • Modern laundry room featuring side-by-side washer and dryer with white finish, wood-finish flooring, and a wooden floating shelf with decorative storage -
  • Wood-finish flooring throughout, with a neutral wall color and recessed lighting -
  • Wood-finish flooring throughout, fireplace with a wood mantle, recessed lighting, and kitchen area with stainless steel appliances -
  • Finished basement bedroom featuring wood-finish flooring, recessed ceiling lighting, and ample built-in storage cabinetry -
  • Stainless steel appliances, recessed ceiling lighting, light-toned cabinetry, wood-finish flooring, and a subway tile backsplash -
  • Wood-finish flooring, recessed lighting, and a window for natural light -
  • Wood-finish flooring with white baseboards, recessed lighting, and white walls -
  • Spacious bathroom featuring a white vanity with integrated sink, glass-enclosed shower, wood-finish flooring, and a modern top-load washer -
  • Siding exterior, paved walkway, wooden fence, and manicured lawn -
  • Expansive deck featuring a hot tub, wood privacy fencing, and mature trees -
  • Expansive backyard featuring a stone paver pathway, manicured lawn, established garden beds, and a wood privacy fence -