$849,999

FOR SALE

Detached Bungalow

Bedrooms: 3+2Bathrooms: 2Lot: 60.3 x 130 ft
2023 Taxes: $3,732.94

50 Margaret Ave N
Waterloo, ON N2J 3P6

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Nestled on a huge corner lot, 3+2 fully finished, separate entrance basement house in a very matured neighborhood. Currently both the units generating $60,000 gross annual income. The classic student investment features exceptional positive cashflow. First time home buyers or investors, this is a turn key property spent around $65000 on renovations. 4 cars can be parked on the drive way and 2 cars inside the garage which is extra wide, heated with electricals. Potential to convert it into tiny house or garden suite or use as auto mechanical or wood working plus a storage shed on the side. Property is steps away from public transit and just minutes from uptown Waterloo, 1.7 kms to Connestoga College, 3.5 kms to UOW, 2.5 kms to WLU. Vacant possession available on closing.

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Listed By	CIRCLE REAL ESTATE
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X8288912
Last Updated	Apr 30, 2024

Property Summary

Property Type	Detached More like this: Waterloo Detached for Sale Waterloo Houses for Sale Waterloo Detached Houses for Sale
PIN	223500167
Legal Description	LT 13 PL 798 CITY OF WATERLOO; WATERLOO
Possession Date	60 Days
Taxes (2023)	$3,732.94
Directions/Cross Streets	Margaret Avenue North And Murdock Avenue
Area	Waterloo

Price History

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Detailed Information

Fronting On	E
Link	N
Property Features	Fenced Yard, Park, Public Transit, School, School Bus Route
Special Designations	Unknown
Bedrooms	3+2
Bathrooms	2
Rooms	9
Kitchens	2
Lot	60.3 x 130 ft
Acreage	<.50
Approximate Square Footage	700-1100
Approximate Age	51-99
Exterior	Brick, Concrete
Air Conditioning	Central Air
Family Room	N
Fireplace/Stove	N
Pool	None
Laundry Level	Main
Basement	Finished, Full
Drive	Pvt Double
Garage Spaces	2.0
Garage Type	Detached
Parking Spaces	4
Total Parking Spaces	6.0
Heat Source	Gas
Heat Type	Forced Air
Other Structures	Garden Shed
Sewers	Sewers
Utilities-Hydro	Y
Utilities-Gas	Y
Water	Municipal
Seller Property Info Statement	N

Rooms

Room	Level	Dimensions	Notes
Living	Main	4.91 m x 3.5 m (16.11 ft x 11.48 ft)
Kitchen	Main	3.62 m x 3.32 m (11.88 ft x 10.89 ft)
Br	Main	3.59 m x 3.69 m (11.78 ft x 12.11 ft)
2nd Br	Main	3.6 m x 2.68 m (11.81 ft x 8.79 ft)
3rd Br	Main	2.68 m x 2.74 m (8.79 ft x 8.99 ft)
Bathroom	Main	2.74 m x 2.04 m (8.99 ft x 6.69 ft)	4 Pc Bath
Bathroom	Bsmt	3.38 m x 1.88 m (11.09 ft x 6.17 ft)	3 Pc Bath
Kitchen	Bsmt	4.29 m x 3.44 m (14.07 ft x 11.29 ft)
Living	Bsmt	5.27 m x 3.84 m (17.29 ft x 12.6 ft)
Br	Bsmt	3.68 m x 3.32 m (12.07 ft x 10.89 ft)
2nd Br	Bsmt	3.68 m x 3.9 m (12.07 ft x 12.8 ft)
Utility	Bsmt	5.21 m x 3.38 m (17.09 ft x 11.09 ft)

Bathrooms

Pieces	Level
4	Main
3	Bsmt

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