Edin Taravati
Sales Representative
Homelife Landmark Realty Inc, Brokerage
Independently owned and operated.
7240 Woodbine, Markham, Ontario L3R 1A4
Cell: 647-233-7778Office: 905-305-1600
$1,190,000
Available - For Sale
Listing ID: X12557078
406 Tamarack Drive , Waterloo, N2L 4G6, Waterloo
| Beautiful Legal Duplex In The Heart Of Waterloo's University District. Welcome To This Beautiful, Fully Licensed Duplex Ideally Located In One Of Waterloo's Most Sought-After Neighborhoods - Right Within The University District. Just A Short Walk To Wilfrid Laurier University, The University Of Waterloo, And Conestoga College, This Property Offers Exceptional Convenience For Students And Investors Alike. The Home Features A Spacious, Modern Kitchen With Quartz Countertops, Stylish Backsplash, New Cabinetry, And Stainless-Steel Appliances, With A Walk-Out To A Balcony Overlooking A Spacious Backyard That Backs Directly Onto St. David Catholic Secondary School's Green Field. No Neighbours Behind, Providing Lots Of Privacy. The Bright And Open Living And Dining Area Provides An Inviting Space For Relaxation And Entertaining. You'll Find Four Generously Sized Bedrooms, While A Separate Entrance Leads To An Additional Fully Finished Basement Apartment, Offering Flexibility For Tenants Or Extended Family. Spent Lots Of $$$ On Renovations, Including But Not Limited To Basement Waterproofing And An Upgraded 200A Electrical Panel, Which Is Very Rare In The Area. This Property Is City-Licensed For Student Housing And Currently Generates Approximately $5,000 Per Month During The School Year, Making It An Ideal Investment For Parents Of University Students, Seasoned Investors Seeking Strong Rental Returns, Or First-Time Buyers Looking For A Mortgage Helper. Extensive Renovations Have Been Completed Top To Bottom, Including (But Not Limited To):Roof (2021)HVAC System (2021)Gas Meter (2021)Electrical Panel Upgrade (2021)Basement Waterproofing (2021)Garage Door (2022)Driveway (2024)Additionally, This Property Falls Within An Area Identified By The City Of Waterloo For Potential Medium-Rise Residential Development, Offering Strong Future Growth Potential For Savvy Investors. Don't Miss This Rare Opportunity To Own A Turnkey, Income-Generating Property! |
| Price | $1,190,000 |
| Taxes: | $5229.96 |
| Occupancy: | Tenant |
| Address: | 406 Tamarack Drive , Waterloo, N2L 4G6, Waterloo |
| Acreage: | < .50 |
| Directions/Cross Streets: | Albert St / Columbia St W |
| Rooms: | 12 |
| Bedrooms: | 5 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Full, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | Living Ro | 12.1 | 14.4 | Combined w/Dining, Laminate, Window |
| Room 2 | Ground | Dining Ro | 12.1 | 14.4 | Combined w/Living, Renovated |
| Room 3 | Ground | Kitchen | 13.09 | 9.61 | W/O To Deck, Ceramic Backsplash, Double Sink |
| Room 4 | Ground | Primary B | 13.74 | 12.17 | B/I Closet, Overlooks Frontyard, Window |
| Room 5 | Ground | Bedroom 2 | 9.81 | 9.84 | Overlooks Backyard, Laminate, Large Window |
| Room 6 | Ground | Bedroom 3 | 9.81 | 10.69 | Overlooks Backyard, Laminate, Window |
| Room 7 | Ground | Bedroom 4 | 11.61 | 8.59 | Overlooks Frontyard, Laminate, Window |
| Room 8 | Ground | Bathroom | 7.08 | 7.51 | 4 Pc Bath, Large Window, Window |
| Room 9 | Lower | Dining Ro | Renovated | ||
| Room 10 | Lower | Kitchen | 9.28 | 13.97 | Double Sink, B/I Range, Large Window |
| Room 11 | Lower | Living Ro | 12 | 11.32 | Renovated, Large Window |
| Room 12 | Lower | Bedroom 5 | 10.4 | 12 | Renovated, Above Grade Window |
| Room 13 | Lower | Bathroom | 7.12 | 4.89 | Concrete Floor, Above Grade Window |
| Room 14 | Lower | Laundry | 6.99 | 5.41 | Ceramic Floor, Above Grade Window |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Ground |
| Washroom Type 2 | 3 | Lower |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Ground |
| Washroom Type 7 | 3 | Lower |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | Bungalow-Raised |
| Exterior: | Aluminum Siding, Brick |
| Garage Type: | Built-In |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Pool: | None |
| Approximatly Square Footage: | 700-1100 |
| Property Features: | Clear View, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Hydro: | A |
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| ROYAL LEPAGE SIGNATURE REALTY |
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Edin Taravati
Sales Representative
Dir:
647-233-7778
Bus:
905-305-1600
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Style: | Bungalow-Raised |
| Tax: | $5,229.96 |
| Beds: | 5+1 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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