$1,499,999
FOR SALE

Triplex

Bedrooms: 15Bathrooms: 6Lot: 66 x 126 ft

62 Dorset Street
Waterloo, ON N2L 3L8

Discover a stunning gem in the heart of Uptown Waterloo—a spacious 3,288 sq ft Victorian triplex, ideally located just steps from Wilfrid Laurier University and only a 10-minute commute to the University of Waterloo. Licensed for 14 tenants across 15 bedrooms and currently rented to UW and WLU students, this property generates over $9,800 per month in rental income, offering exceptional investment potential. Meticulously maintained, recent updates include new windows (2023), a new furnace (2018), and renovations to Unit B and Unit C, ensuring it's in excellent condition. This prime property provides easy access to all Uptown Waterloo amenities, including Waterloo Park, CIGI, and the Perimeter Institute, with convenient public transit options like the ion LRT. Whether you're seeking a continued rental income stream, a multi-generational home, or even a beautiful single-family residence (with city approval), the possibilities are vast. Don't miss your chance to explore this versatile property (id:47421)
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Listed By Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
Data Provided By Cornerstone - Waterloo Region
MLS® Listing Number 40647056
Last Updated Sep 17, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision 417 - Beechwood/University
Price History

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Detailed Information
Bedrooms 15
Bathrooms 6
Lot 66 x 126 ft
Amenities Nearby Hospital, Place of Worship, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Features Laundry- Coin operated
Listing Contract Date 2024-09-13
Location Description Dorset and Young St W
Ownership Type Freehold
# of Parking Spaces 8
Property Type Multi-family
Transaction Type For sale
Zoning Description RC1
Building
Basement Development Finished
Basement Type Full (Finished)
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2.5
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Amenities Hospital, Place of Worship, Public Transit, Schools, Shopping
Sewer Municipal sewage system

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