30 Regina Street
Waterloo, N2J 3A1
FOR SALE
$850,000
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5 + 2
BEDROOMS3
BATHROOMS1
KITCHENS6
ROOMSX12911972
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Property Description
Turnkey investment opportunity in the heart of Waterloo! This spacious 7 bed, 3 full bath property is perfectly set up for student rental, offering a functional layout, on-site laundry, and available parking. Ideally located just 800m from Wilfrid Laurier University and 2km from the University of Waterloo, with shopping, groceries, the ION Station, and Waterloo Public Square all within 500m. A proven income-generating property with rental permits successfully obtained year after year - making this a reliable and high-demand addition to any portfolio.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2021-12-07 | 2022-02-04 | 59 | $999,000 | $1,100,000 |
Nearby Intersections
Property Features
None, Private
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Property Details
Address
30 Regina Street
City
Postal Code
N2J 3A1
Property Type
Detached, Detached
Lot Size
38' x 75'
Taxes
$5,877 (2025
Basement
Full, Finished
Heat Type
Radiant
Heat Source
Other
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Exp Realty
Turn-Key Legal Duplex !!, Investor's dream in the heart of Waterloo! This fully renovated 7-bedroom, 2-bathroom legal duplex sits on a massive 53.67 ft x 153.87 ft lot, just steps from University of Waterloo, Wilfrid Laurier University, and Conestoga College. Thousands have been recently spent on top-to-bottom renovations including two kitchens, upgraded bathrooms, flooring, lighting, and more. Each unit is thoughtfully designed, making it move-in ready and ideal for rentals or multi-generational living. With the rental potential of more than $5,500/month , this is a turn-key investment with strong cash flow from day one. Builders and developers-take a note! The oversized lot holds massive potential for future development. The neighboring property at 5 Cardill Crescent has already been successfully converted into a multiplex, demonstrating what's possible here. Whether you're looking to invest, house-hack, or redevelop, this property offers the perfect blend of location, income, and long-term potential. An outstanding opportunity to build multi-generational wealth in one of Waterloo's most desirable rental corridors.
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A MUST SEE, BEAUTIFULLY RENOVATED, ALMOST 1500 SQ FT 4 BEDROOM RAISED BUNGALOW WITH +1 FINISHED BEDROOM ON THE WALKOUT LEVEL. TONS OF ADDITIONAL UNSPOILT SPACE TO FINISH AS A IN-LAW SUITE OR AS A RENTAL UNIT. 2 HUGE GARAGE SPACES AND EXTRA WIDE TRIPLE DRIVEWAY CAN ACCOMODATE 3 MORE CARS. THE FRONT OF THE HOME SITS RAISED MAJESTICALLY OF THE STREET LEVEL. LOTS OF UPGRADES ON THE MAIN FLOOR INCLUDING UPDATED/NEW WASHROOMS, INTERIOR & EXTERIOR POTLIFHTS, NEW LAMINATE COUNTERTOP IN THE KITCHEN, SEVERAL UPGRADED ELF'S FRESH PAINT IN THE KITCHEN & LIVING ROOM. BRILLIAN LOCATION CLOSE TO THE UNIVERSITY OF WATERLOO, WILFRED LAURIER, CONESTOGA. WHY RENT WHEN YOU CAN BE A LANDLOR AND RENT TO STUDENTS (WITH DUE CITY PERMITS) SAVE THOUSANDS $$$ ON ZONING FEES AS THIS HOME IS ZONED RMU(RESIDENTIAL MIXED USE) WHICH MEANS YOU CAN RUN VARIOUS BUSINESS ES FROM THIS LOCATION JUST BY GETTING A BUSINESS LICENCE FROM THE CITY AT A NOMINAL FEE. MANY PERMITTED USES INCL AND NOT LIMTED TO AIR BNB, DRYCLEANERS, HAIR SALON, PET SERVICES, CAFE, LAW OFFICE, DENTAL OFFICE, LAUNDRY SERVICES
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