11 Mcdougall Road N

- $789,999

Waterloo, N2L2W4
MLS ® 40600635

This property offers an outstanding investment opportunity in a highly desirable location in Waterloo. The licensed 9-bedroom rooming house sits on a generous 40x119 lot, with all rooms currently rented, generating a solid income of over $6000 per month. Excellent opportunity to continue renting or rebuild a home. Many multimillion-dollar homes are being constructed and sold in the neighborhood and on the street. The tenants are cooperative, pay on time, and are willing to stay or vacate as required. Additional income is generated from parking and laundry services. The property's close proximity to the universities and convenient access to public transit, combined with its peaceful location, make it an ideal choice for students. The property is consistently in high demand among renters and has been recently painted. (id:38551)

Features

  • Sump Pump

Location

Details

11 Mcdougall Road N, , Waterloo

  • Land

    under 1/2 acre

  • Bedrooms

    Above Grade: 5 Below Grade: 4

    9
  • Bathrooms
    2
  • Parking
    4

Rooms

11 Mcdougall Road N, , Waterloo

  • Bedroom

    second level

    10'2'' x 9'5''
  • 3pc Bathroom

    second level

    Measurements not available
  • Bedroom

    second level

    11'5'' x 7'2''
  • Bedroom

    second level

    8'11'' x 11'3''
  • Utility Room

    basement

    12'3'' x 5'9''
  • Bedroom

    basement

    11'11'' x 8'4''
  • Bedroom

    basement

    10'4'' x 10'0''
  • Bedroom

    basement

    9'9'' x 10'4''
  • Bedroom

    basement

    9'7'' x 12'4''
  • Laundry Room

    main level

    5'11'' x 11'10''
  • 3pc Bathroom

    main level

    Measurements not available
  • Kitchen/dining Room

    main level

    11'10'' x 5'11''
  • Bedroom

    main level

    11'7'' x 9'10''
  • Bedroom

    main level

    10'2'' x 9'9''
  • Living Room

    main level

    11'6'' x 13'8''