406 Tamarack Drive
Waterloo, N2L 4G6
FOR SALE
$999,980

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BEDROOMS2
BATHROOMS2
KITCHENS12
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Property Description
Beautiful Legal Duplex In The Heart Of Waterloo's University District. Welcome To This Beautiful, Fully Licensed Duplex Ideally Located In One Of Waterloo's Most Sought-After Neighborhoods - Right Within The University District. Just A Short Walk To Wilfrid Laurier University, The University Of Waterloo, And Conestoga College, This Property Offers Exceptional Convenience For Students And Investors Alike. The Home Features A Spacious, Modern Kitchen With Quartz Countertops, Stylish Backsplash, New Cabinetry, And Stainless-Steel Appliances, With A Walk-Out To A Balcony Overlooking A Spacious Backyard That Backs Directly Onto St. David Catholic Secondary School's Green Field. No Neighbours Behind, Providing Lots Of Privacy. The Bright And Open Living And Dining Area Provides An Inviting Space For Relaxation And Entertaining. You'll Find Four Generously Sized Bedrooms, While A Separate Entrance Leads To An Additional Fully Finished Basement Apartment, Offering Flexibility For Tenants Or Extended Family. Spent Lots Of $$$ On Renovations, Including But Not Limited To Basement Waterproofing And An Upgraded 200A Electrical Panel, Which Is Very Rare In The Area. This Property Is City-Licensed For Student Housing And Currently Generates Approximately $5,000 Per Month During The School Year, Making It An Ideal Investment For Parents Of University Students, Seasoned Investors Seeking Strong Rental Returns, Or First-Time Buyers Looking For A Mortgage Helper. Extensive Renovations Have Been Completed Top To Bottom, Including (But Not Limited To):Roof (2021)HVAC System (2021)Gas Meter (2021)Electrical Panel Upgrade (2021)Basement Waterproofing (2021)Garage Door (2022)Driveway (2024)Additionally, This Property Falls Within An Area Identified By The City Of Waterloo For Potential Medium-Rise Residential Development, Offering Strong Future Growth Potential For Savvy Investors. Don't Miss This Rare Opportunity To Own A Turnkey, Income-Generating Property!
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Nearby Intersections
Property Features
Clear View, Library, Park, Public Transit, School, Auto Garage Door Remote, Carpet Free, Front Yard Parking, Carbon Monoxide Detectors, Smoke Detector
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Property Details
Address
406 Tamarack Drive
City
Postal Code
N2L 4G6
Property Type
Detached, Detached
Zoning
Resdiential
Lot Size
58' x 125'
Taxes
$5,230 (2025
Basement
Full, Apartment
Exterior
Deck, Landscaped, Privacy
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Built-In
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Listing contracted with Royal Lepage Signature Realty
Rarely offered, nearly 2,000 sq ft two-story detached home in the highly sought-after Maple Hill community. This property offers exceptional value and rental income potential just minutes from both the University of Waterloo and Wilfrid Laurier University. The main floor features a spacious living room, dining area, large kitchen, family room, one bedroom and a full bathroom. Upstairs, you'll find three generous bedrooms and another full bathroom. The fully finished basement is an income-generating asset, complete with a separate living space, a full kitchen, a full bathroom, and a flexible layout featuring two bedrooms plus a den. Enjoy unparalleled convenience with major highways, top schools, parks, shopping centers, and all of Waterloo's amenities moments away. Don't miss this chance to own a piece of prime real estate!
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Zoned for many uses. Presently main floor apartment which has the rear access to the fenced yard and patio and upper 2 bedroom apartment are occupied by tenants.
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Great location-attention investors seeking strong and stable rental income. This well-maintained property offers a total of 8 bedrooms configured across two self-contained living areas, each featuring four bedrooms, a full bathroom, kitchen, laundry, and separate entrance. Ideally located steps to the University of Waterloo and minutes to Wilfrid Laurier University, colleges, and the LRT at University of Waterloo Station. Close to all amenities includingshops, restaurants, bars, and Uptown Waterloo.Features include central air conditioning, ample parking with up to 5 driveway spaces, and agenerous 50 x 130 ft lot with a well-maintained backyard. Previously leased for over $6,000 per month, this is an excellent income-generating opportunity with strong upside and long-term appreciation potential. Amazing value for moneyin a prime university location.
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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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Great Investment Property In Desirable Uptown Waterloo, Steps To Uptown Waterloo, WLU, University of Waterloo, Conestoga College, Shopping, And The LRT. Perfect for Investors, Multi-generational Families, Or Parents Seeking Student Housing. Currently The Main Level Family Room Addition Is Used As The 4 Bedroom. License B With 4 Beds Is Currently Applied For Last 10 Years. If Owner Stay, You Can Apply License A ( Owner Plus 4). The Basement Bedroom Is Legal Bedroom Unit With Egress Window. Most Windows, Roof, Furnace, Ac, Water Softener Were Updated In 2012. Basement Fireplace Sold As It Is.
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Brand New 2023 Build! Nestled in the highly sought-after Vista Hills community, this home is within walking distance to Vista Hills Public School , easy access to Costco and also within the highly-regarded Laurel Heights Secondary School boundary. This beautifully upgraded 4-bedroom family home offers nearly 2,450 sq ft of finished living space. The elegant main floor features 9-ft ceilings, engineered hardwood floors in the great room, oversized tiles, and stunning pot lighting throughout. The chef's kitchen is appointed with granite countertops, a large island with breakfast bar, upgraded cabinetry, stylish backsplash, and stainless steel appliances. A convenient main-floor laundry/mudroom adds practicality. Upstairs, find 4 spacious bedrooms. The luxurious primary suite boasts a walk-in closet, soaker tub, double vanity, and a spacious step-in shower. The walk-out basement, with double doors to the yard and three large windows, includes rough-ins for a future laundry and bathroom- presenting huge potential for a legal basement apartment or a secondary suite to generate rental income, subject to municipal approvals. Enjoy the convenience of direct access to the scenic Vista Hills trail network, perfect for walking, cycling, and enjoying nature year-round. This peaceful, family-friendly neighbourhood is also close to the city's largest forest park, multiple playgrounds, the University of Waterloo bus line, The Boardwalk shopping plaza, restaurants, and more.
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Welcome to this beautiful home in the desirable Vista Hills community! This freshly painted property features an open-concept main floor with 9 ft ceilings and a bright kitchen offering ample counter space, gas stove, and stainless steel fridge & dishwasher. Upstairs you'll find 4 spacious bedrooms plus a loft and 2.5 bathrooms. The primary bedroom includes a walk-in closet and a modern 5-piece ensuite with double sinks and a corner jacuzzi tub. All additional bedrooms are generously sized This home sits on a pie-shaped lot backing onto a walking trail, offering privacy and scenic views. Conveniently located within walking distance to Vista Hills Public School. Located close to beautiful walking trails, restaurants, banks, grocery stores, coffee shops, medical centres, Costco, and just minutes from both universities, this property combines style, comfort, and convenience.
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Welcome to 21 Sandcliffe Place, Waterloo! Nestled on a quiet court in a highly sought after neighborhood, this spacious family home offers 4 bedrooms and 3 bathrooms with a thoughtful layout ideal for everyday living and entertaining. The main floor features hardwood flooring and tile throughout, beginning with a welcoming foyer that flows into a large bright living room and formal dining room-perfect for hosting family and friends. The cozy family room is a comfortable gathering space complete with a gas fireplace and large window overlooking the backyard oasis. This backyard is the perfect spot for summer fun, bbqs, staycations and entertaining, complete with a large inground pool and patio area. The inground sprinkler system makes yard and garden maintenance a breeze. The eat-in kitchen is the access point to this great yard with sliders off the breakfast nook. The kitchen is a nice size with storage and counter space for meal prep and casual dining. A convenient 2-piece powder room and a mudroom/laundry completes the main level with a large storage closet. There is a convenient side door off the mud room to outside. The beautiful winding staircase leads you upstairs to a wonderful light filled upper landing with a large skylight making this floor open and spacious. Up here is where you'll find four generous bedrooms with new carpeting and a continuation of the beautiful hardwood flooring. The spacious primary suite has dual closets and its own 4-piece ensuite bath. An additional 4-piece bathroom serves the remaining bedrooms. The unspoiled basement provides ample space and endless potential for future living space, a home gym, or recreation area. Additional highlights include an attached double-car garage and a private interlocking stone driveway and walkway with parking for up to four vehicles. Located close to schools, parks, shopping, and amenities, this home offers space, comfort, and opportunity in a great Waterloo neighborhood.
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Charming 1-storey home offers exceptional versatility for families, investors, & developers alike. Filled with natural light from large windows throughout, the property sits on a generous lot & features a separate 2-car garage, ample parking, & valuable RMU-20 zoning that opens the door to future development potential. The main floor is carpet free & showcases a beautifully updated kitchen that opens into the open-concept living area. This level also includes a main floor bedroom, an office space, & an updated 4-piece bathroom. Upstairs, you'll find 2 additional bedrooms with large windows & skylights that enhance the bright, airy feel. A second 4-piece bathroom completes the upper level. The walkout basement adds significant value with a full in-law setup, including a living room, large bedroom, kitchen, 3-piece bathroom, laundry room, utility room, & cold storage. Outside, the detached 2-car garage, with power, has an upper floor & a rear door leading to a deck, presenting an excellent opportunity for conversion to an accessory dwelling unit (ADU). The driveway easily accommodates 3 vehicles, & the large yard is complemented by updated side fencing, providing privacy & space for outdoor enjoyment. Located in Waterloo's desirable North Ward, just minutes from Uptown Waterloo, this property benefits from a vibrant urban setting with cafés, restaurants, boutique shops, parks, & year-round community events nearby. It is situated directly on bus routes, making it ideal for students, & offers quick access to major roadways, including Highway 7/8 & Highway 401 for commuters. Everyday conveniences such as Schools, Walmart, Sobeys, & extensive shopping amenities are all close at hand. With its flexible layout, income potential, generous lot, & prime location, this is a rare opportunity to secure a property that works equally well as a family home or a strategic investment. Don't miss out & book your showing today!
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