Homes for sale - 172 ELGIN Crescent, Waterloo, ON N2J2S6

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Aug

Fri

Aug

Sat

Aug

Roshan Basnet

realtorbasnet@gmail.com +1(647) 818-7373

$ 799,900

Est. payment | -/mo

5 Beds

2 Baths

2,266 SqFt

Save

$ 799,900

Est. payment | -/mo

Save

5 Beds

2 Baths

2,266 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,266 sqft

Price per Sqft $353

Subdivision 116 - Glenridge/Lincoln Heights

MLS® Listing ID 40719982

Style Bungalow

Bedrooms 5

Year Built 1961

Property Sub-Type Freehold

Source Cornerstone - Waterloo Region

Property Description

Licensed Dwelling with Walkout Basement in Prime Waterloo Location – A Turnkey Investment Opportunity! 3 bedrooms up and 2 in the lower unit . 3 bedroom unit will be vacant August 31th . Outstanding opportunity to own a licensed 2-unit brick bungalow with a loft and walkout basement, ideally located just steps to Uptown Waterloo, WLU, University of Waterloo, Conestoga College, shopping, and the LRT. This versatile property is perfect for investors, multigenerational living, or parents seeking housing for university students. The main level features a bright, functional layout with two bedrooms plus a loft bedroom, an eat-in kitchen with updated counter and faucet (2022), living room, and a 3-piece bathroom. An enclosed front porch and side entry offer practical access and added charm. The fully finished lower level—renovated in 2017—includes large windows, a separate entrance, a generous family room with walkout to a covered patio, two bedroom, a 4-piece bathroom, and a stylish second kitchen. The basement also houses a large utility room and laundry (2020 full-size stackables), cold cellar, and plenty of storage. This home has been thoughtfully maintained and upgraded, including: 50-year steel roof, New furnace (2022) New main floor fridge (2024) Vinyl plank flooring (2019) Updated basement windows (2018/2019) New water softener (2019) Eavestroughs and garage door (2020) Custom window blinds in basement (2022) The deep, fully fenced backyard features a 9' x 12' shed, ideal for extra storage or future creative use. Hardwood floors in the main floor bedrooms , Vinyl plank in the living room and hallway . With a valid Waterloo rental license, this property is move-in or rent-out ready, offering excellent income potential in a sought-after location. Whether you're an investor looking for solid returns, or a buyer seeking flexible living with mortgage-helper potential, this one checks all the boxes. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 11'2'' x 10'4'' Bedroom

Extra Room 2 Basement 10'4'' x 10'1'' Bedroom

Extra Room 3 Basement 19'8'' x 10'7'' Kitchen

Extra Room 4 Basement 2'7'' x 2'8'' Laundry room

Extra Room 5 Basement Measurements not available 4pc Bathroom

Extra Room 6 Basement 12'2'' x 10'2'' Bedroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

Community Features School Bus

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Bungalow

Others

Ownership Freehold

Listed by RE/MAX SOLID GOLD REALTY (II) LTD.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 818-7373

realtorbasnet@gmail.com

4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

172 ELGIN Crescent Waterloo, ON N2J2S6