Rare Find! Highly auspicious North-facing VASTU-compliant home; Fully Renovated LEGAL DUPLEX - Turnkey & Positive Cash Flow. Minutes from 3 universities 3+2 Bedrooms 2 Full Baths, 2 Kitchens. Detached bungalow on a large lot in a quiet, family-friendly avenue in the desirable Lincoln Heights / Glenridge neighbourhood - within the boundary of top-rated schools. MAIN FLOOR: Spacious layout with a Large primary bedroom and walk-out to a private deck overlooking the backyard, plus two additional regular bedrooms. LEGAL BASEMENT: 2 Large bedrooms + Office room. Highlights: Over 2,000 sq ft of finished living space; Detached oversized garage + long driveway with ample parking; Currently rented to respectful, responsible university students who pay on time and care for the property; POSITIVE CASH FLOW from day one; Bonus upside - BUILD BIG LATER: This large lot qualifies as-of-right for up to a 4-unit, 4-storey building under Waterloo's December 2024 "FOUR Units, FOUR Storeys" bylaw - no rezoning, no variances. A complete conceptual fourplex design (3D model + floor plans) is available for serious buyers. A standout opportunity for homeowners & investors alike. No gimmicks. NO offer date.
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Listed by:
CENTURY 21 GREEN REALTY INC.
Source: TRREB,MLS®#: X13487184Originating MLS®#: Toronto Regional Real Estate Board
Features: Place Of Worship, Public Transit, School, School Bus Route, Clear View, Irregular Lot
Details
Parcel number: 223550046
Other equipment: Sump Pump
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence
Materials
Brick
Foundation: Poured Concrete
Roof: Asphalt Shingle
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Waterloo
Financial & listing details
Annual tax amount: C$4,451
Date on market: 6/25/2026
CENTURY 21 GREEN REALTY INC.
CENTURY 21 GREEN REALTY INC.
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