ON > Waterloo > 421 - Lakeshore-Parkdale
Waterloo, ON N2L4W6,603 MOUNT ANNE Drive
Waterloo, ON N2L4W6,603 MOUNT ANNE Drive
Waterloo, ON N2L4W6,603 MOUNT ANNE Drive
Waterloo, ON N2L4W6,603 MOUNT ANNE Drive
Waterloo, ON N2L4W6,603 MOUNT ANNE Drive
Waterloo, ON N2L4W6,603 MOUNT ANNE Drive
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
Sun
15
Jun
Mon
16
Jun
Tue
17
Jun
Lisa Laughton

Lisa Laughton

+1(403) 804-1248
$ 849,999
Est. payment | /mo

7 Beds

2 Baths

2,147 SqFt

Save Virtual Tour
$ 849,999
Est. payment | /mo
Save Virtual Tour

7 Beds

2 Baths

2,147 SqFt

OPEN HOUSE

Sun Jun 15, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,147 sqft

Price per Sqft $395

Subdivision 421 - Lakeshore/Parkdale

MLS® Listing ID 40739743

Bedrooms 7

Year Built 1969

Property Sub-Type Freehold

Source Cornerstone - Waterloo Region

Property Description

Prime Investment Opportunity in Waterloo's Student Core – Fully Licensed Duplex Welcome to this exceptional, fully licensed legal nonconforming duplex located in the heart of the Lakeshore neighbourhood—one of Waterloo's most desirable and high-demand student rental areas. Generating an impressive gross rental income, this turn-key property offers an unbeatable opportunity for investors or parents of students seeking both cash flow and peace of mind. The upper unit features 4 spacious bedrooms, 1 full bathroom, and a recently updated kitchen. The lower unit includes 3 bedrooms, 1 bathroom, and another modernized kitchen. Both units have been well maintained with recent updates, offering a low-maintenance investment with strong rental appeal. Key updates include a new roof in 2023, and both units are licensed with the City of Waterloo—ensuring full compliance with local rental bylaws. Ideally situated just minutes from the University of Waterloo and Wilfrid Laurier University, as well as shopping, restaurants, and public transit, this property boasts consistent tenancy and long-term rental stability. Property Highlights: • Legal non-conforming duplex with City of Waterloo rental licenses • Total of 7 total bedrooms, 2 kitchens, 2 bathrooms • Updated kitchens & finishes • Roof replaced in 2023 • Separate entrance for each unit • Ample parking • Excellent walkability to universities and amenities Whether you're a hands-off investor looking for stable returns or a parent seeking student housing with income potential, this property checks all the boxes. Don't miss this rare opportunity in one of Ontario's strongest rental markets. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Fence Fence

Community Features Quiet Area

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://media.visualadvantage.ca/603-Mt-Anne-Dr

Powered by: REALTOR.ca
Listed by ROYAL LEPAGE WOLLE REALTY
agent-avatar

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

+1(403) 804-1248

lisalaughtonrealty@gmail.com

1817 Crowchild Trl NW, Calgary, T2M, 4R6, Canada

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Real Broker, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

603 MOUNT ANNE Drive