158 Elgin Cres

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.

Discover this charming home in a prime East Waterloo location with a separate entrance to the basement offering the potential for additional income. Perfectly positioned near top schools, churches, and shopping centers, and just minutes from the expressway for effortless commuting. Boasts 4 bedrooms, 3 bathrooms, and 4 finished levels. The bright, sun-filled kitchen is a highlight, while the third level features a walkout that opens directly to the outdoors, offering a great opportunity for additional income. The main floor rec room invites relaxation with its cozy gas fireplace, and the fully finished basement offers two versatile rooms ideal for a home office, extra living space, or even a rental unit. Situated on a spacious lot in a mature, tree-lined neighbourhood, this home is only minutes from vibrant downtown Waterloo, both universities, and the famous St. Jacobs Farmers Market. Recent 2023 updates include exterior and interior paint, refinished hardwood flooring, a brand-new full bathroom, an updated kitchen with new tile flooring and cabinets, laminate flooring on the lower main level, new window coverings, and modern light fixtures. The furnace is also equipped with a humidifier for added comfort. With an extended driveway providing parking for up to four cars, this home is as practical as it is charming.