11 Mcdougall Rd
Waterloo, N2L 2W4
FOR SALE
$789,999
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5 + 4
BEDROOMS2
BATHROOMS1
KITCHENS8 + 4
ROOMSX8408786
MLSIDContact Us
Property Description
Attention Investors !! Location..Location..Location. Currently Property offers an outstanding Investment Opportunity in a highly Desirable location in Waterloo. Buyer has both Options to either Rent it as it is or Demolish it and Build Brand New Dream House in Future as currently there are already Multimillion Dollars Houses been Built on the Street . Currently this 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. Current Tenants are Very Co-operative, always pays rent on time, and are willing to either stay or vacate as required by Buyer. Additional Income is Generated from parking and Laundry Services as well. The property's close Proximity to the Both 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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-05 | 2024-10-01 | 118 | $789,999 | - | Suspended |
| 2021-07-30 | 2021-09-04 | 36 | $799,000 | $760,000 | Sold |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
40' x 119'
Fronting
North
Taxes
$5,077 (2024)
Basement
Finished, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 11.52' x 13.68' | |
| Kitchen | Ground | 5.91' x 11.84' | |
| Laundry | Ground | 5.91' x 11.84' | |
| Br | Ground | 9.84' x 11.58' | |
| 2nd Br | Ground | 9.74' x 10.17' | |
| 3rd Br | 2nd | 9.42' x 10.17' | |
| 4th Br | 2nd | 7.19' x 11.42' | |
| 5th Br | 2nd | 8.92' x 11.25' | |
| Br | Bsmt | 8.33' x 11.91' | |
| Br | Bsmt | 12.34' x 9.58' | |
| Br | Bsmt | 10.01' x 10.33' | |
| Br | Bsmt | 10.33' x 9.74' |
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Waterloo Market Statistics
Waterloo Price Trend
11 Mcdougall Rd is a 5-bedroom 2-bathroom home listed for sale at $789,999, which is $60,001 (7.1%) lower than the average sold price of $850,000 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 5 bedroom home in Waterloo declined by $500,000 (37.0%) compared to the previous 30 day period (September 24 - October 23) and down $735,000 (46.4%) from the same time one year ago.Inventory Change
There were 4 5-bedroom homes listed in Waterloo over the last 30 days (October 24 - November 22), which is up 300.0% compared with the previous 30 day period (September 24 - October 23) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Waterloo typically sold $150,000 (17.6%) above asking price over the last 30 days (October 24 - November 22), which represents a $169,900 increase compared to the previous 30 day period (September 24 - October 23) and $51,000 more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Waterloo over the last 30 days (October 24 - November 22) stood at 25.0%, down from 300.0% over the previous 30 days (September 24 - October 23) and down from 150.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in Waterloo stood at 4 days when successfully sold over the last 30 days (October 24 - November 22), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
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