Toronto Real Estate

11 Mcdougall Road

Private listing - Register to view

$789,999

5+4-Bed

2-Bath

Listed on 6/5/24

Come live in this 5+4-bed, 2-bath Home

Listed by RE/MAX REALTY SPECIALISTS INC.

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.

Gallery

MLS #

X8408786

Style

Detached, 2-Storey

Rooms

8+4

Bedrooms

5+4

Bathrooms

2

Parking Spaces

4

A/C

Central Air

Basement

Finished, Sep Entrance

Den

N

Exterior

Alum Siding

Heating

Forced Air

Fireplace

N

Taxes

$5,077.29 (2024)

Lot

119.18x40.07 (Feet)

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Homes 11 Mcdougall Road, Waterloo