5 Bedroom
2 Bathroom
2,266 ft2
Bungalow
Central Air Conditioning
Forced Air
$789,900
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:61594)
Property Details
|
MLS® Number
|
40765183 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Public Transit, Schools |
|
Community Features
|
School Bus |
|
Equipment Type
|
None |
|
Features
|
Paved Driveway |
|
Parking Space Total
|
5 |
|
Rental Equipment Type
|
None |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
5 |
|
Appliances
|
Dryer, Refrigerator, Stove, Water Softener, Washer, Microwave Built-in |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1961 |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick Veneer |
|
Fire Protection
|
Smoke Detectors |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
2,266 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
137 Ft |
|
Size Frontage
|
44 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Gr1 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bedroom |
|
|
11'2'' x 10'4'' |
|
Basement |
Laundry Room |
|
|
2'7'' x 2'8'' |
|
Basement |
Kitchen |
|
|
19'8'' x 10'7'' |
|
Basement |
Bedroom |
|
|
10'4'' x 10'1'' |
|
Basement |
4pc Bathroom |
|
|
Measurements not available |
|
Basement |
Bedroom |
|
|
12'2'' x 10'2'' |
|
Basement |
Living Room |
|
|
21'1'' x 11'10'' |
|
Main Level |
3pc Bathroom |
|
|
Measurements not available |
|
Main Level |
Bedroom |
|
|
10'9'' x 9'6'' |
|
Main Level |
Primary Bedroom |
|
|
12'0'' x 10'11'' |
|
Main Level |
Dining Room |
|
|
10'5'' x 8'7'' |
|
Main Level |
Kitchen |
|
|
12'7'' x 9'5'' |
|
Main Level |
Living Room |
|
|
20'5'' x 11'9'' |
https://www.realtor.ca/real-estate/28809725/172-elgin-crescent-waterloo
