154 Elgin Crescent, Waterloo - Sold for $785,000 | Modern Solution Realty

154 Elgin Crescent, Waterloo

154 Elgin Crescent in Waterloo - 8 bedroom, 4 bathroom. Sold for $785,000. Listed at $799,000.

Here's your chance to own a fully licensed, turnkey investment property less than a five-minute walk from Wilfrid Laurier University! This impressive two-unit residence offers a total of eight bedrooms-four upstairs and four downstairs-each with 'Class A' rental licenses, ensuring compliance and stability. Perfect for the seasoned investor looking to expand their portfolio, or for parents seeking a smart housing solution for their student while offsetting costs through rental income. Set on a large corner lot, this property was completely updated from top to bottom in 2021, featuring modern finishes, large bedrooms, and bright, open common areas that appeal to today's student renters. Major updates include a new roof (2021) and new A/C (2024), offering peace of mind for years to come. Current leases for the upper and lower units extend until the end of August. Don't miss this rare, fully updated and licensed investment in one of Waterloo's most sought-after student locations!

Property Details

  • Property Type: Mortgage
  • Style: Bungalow
  • Square Footage: 900 sqft
  • Basement: Finished
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 4 spaces
  • Property Taxes: $5,229.96/yr
  • Postal Code: N2J 2S6

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