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$1,190,000
Ontario,Waterloo
For Sale Active
406 TAMARACK DRIVE, Waterloo, Ontario N2L4G6
  • 6
  • 2
  • 1,100 Sqft
Basic Details
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! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12557078
  • Price: $1,190,000
  • Bedrooms: 6
  • Bathrooms: 2
  • View: View
  • Square Footage: 1,100 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 275784
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Parking: Garage
  • Architectural Style: Raised bungalow
  • Exterior Features: Brick, Aluminum siding
  • Flooring: Laminate, Concrete, Ceramic
  • Sewer: Sanitary sewer
  • Utilities: Electricity
Address Map
  • Location: CA, Ontario, Waterloo, N2L4G6
  • Street: Tamarack
  • Street Number: 406
  • Street Suffix: Drive
  • Longitude: W81° 28' 2.8''
  • Latitude: N43° 29' 1.1''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 58.1 x 125.5 FT
  • Stories: 1.0
Financial
  • Tax Annual Amount: 5229.96
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Listing updated: 2025-11-20 04:59:06
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Listing Information
  • List Agent Key: 2010333
  • List Office Key: 275784
  • Modification Timestamp: 2025-11-19T18:45:47Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-11-19T18:34:35Z
Powered by REALTOR.ca
Listing updated: 2025-11-20 04:59:07

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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

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