$789,999

11 Mcdougall Rd

, Waterloo, Ontario, N2L 2W4

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Attention Investors !! Location..Location..Location. Currently Property offers an outstanding Investment Opportunity in a highly Desirable location in Waterloo. Buyer has both Options to either Rent it as it is or Demolish it and Build Brand New Dream House in Future as currently there are already Multimillion Dollars Houses been Built on the Street . Currently this 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. Current Tenants are Very Co-operative, always pays rent on time, and are willing to either stay or vacate as required by Buyer. Additional Income is Generated from parking and Laundry Services as well. The property's close Proximity to the Both 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.

Property Info
MLS®: X8408786
Listing Courtesy of RE/MAX REALTY SPECIALISTS INC.
Total Bedrooms 5
Total Bathrooms 2
Basement Sep Entrance
Floor Space 0 sq.ft.
Lot Size 4776 sq.ft.
Style 2-Storey
Last Updated 2024-06-05
Property Type Detached
Listed Price $789,999
Unit Pricing $789,999/sq.ft.
Strata Fee $
Tax Estimate $5,077/Year
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