11 MCDOUGALL Road N, Waterloo, Ontario
$789,999
- 9 Beds
- 2 Baths
- 2,042 Square Feet
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:23309)
- Listing ID: 40600635
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 11 MCDOUGALL Road N in Waterloo Ontario. It was last modified on October 24th, 2024. Contact Rosemarie Vella-Noor to schedule a viewing or to discover other Waterloo properties for sale.