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Simon Danis

simon.danis@engelvoelkers.com +1(613) 413-5355

$ 799,900

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172 ELGIN Crescent Waterloo, ON N2J2S6

5 Beds

2 Baths

2,266 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,266 sqft

Price per Sqft $353

Subdivision 116 - Glenridge/Lincoln Heights

MLS® Listing ID 40765183

Style Bungalow

Bedrooms 5

Year Built 1961

Property Sub-Type Freehold

Source Cornerstone Association of Realtors

Property Description

Live Upstairs, Rent Out the Lower Level – Licensed Dwelling with Walkout Basement in Prime Waterloo Location Upper level vacant – turnkey investment opportunity or ideal mortgage helper! This outstanding LICENSED 2-unit brick bungalow with loft and walkout basement is just steps to Uptown Waterloo, WLU, University of Waterloo, Conestoga College, shopping, and the LRT. Perfect for investors, multi-generational families, or parents seeking student housing. The main level offers a bright, functional layout with two bedrooms plus a loft bedroom, an eat-in kitchen with updated counters and faucet (2022), living room, and a 3-piece bath. Hardwood floors in the bedrooms, fresh paint, vinyl plank flooring in the living room and hallway, and a charming enclosed front porch add warmth and character. The fully finished walkout lower level, renovated in 2017, features large windows, a private entrance, a spacious family room with direct access to a covered patio, two bedrooms, a 4-piece bathroom, and a stylish second kitchen. The lower unit also includes a large utility room, laundry with full-size stackable washer/dryer (2020), cold cellar, and plenty of storage. Upgrades & Features: 50-year steel roof, furnace (2022)main floor fridge (2024),Vinyl plank flooring (2019), basement windows (2018/2019), water softener (2019)Eavestroughs & garage door (2020)Custom window blinds in basement (2022) The deep, fully fenced backyard includes a 9' x 12' shed—perfect for extra storage or creative future use. With a valid Waterloo rental license, this home is move-in or rent-out ready, offering excellent income potential in one of the region's most sought-after locations.This one checks all the boxes—don't miss your chance to own a versatile, income-generating property in Uptown Waterloo. The extra income covers a $335,000 mortgage Great opportunity for home ownership . (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 11'2'' x 10'4'' Bedroom

Extra Room 2 Basement 2'7'' x 2'8'' Laundry room

Extra Room 3 Basement 19'8'' x 10'7'' Kitchen

Extra Room 4 Basement 10'4'' x 10'1'' Bedroom

Extra Room 5 Basement Measurements not available 4pc Bathroom

Extra Room 6 Basement 12'2'' x 10'2'' Bedroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

Community Features School Bus

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Bungalow

Others

Ownership Freehold

Listed by RE/MAX SOLID GOLD REALTY (II) LTD.

Simon Danis

Salesperson

+1(613) 413-5355

Simon Danis

172 ELGIN Crescent Waterloo, ON N2J2S6

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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172 ELGIN Crescent