Tony Tompson
Sales Representative
Century 21 Example Inc., Brokerage
Independently owned and operated.
7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6
Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184
$999,900
Available - For Sale
Listing ID: X13522576
139 Elgin Crescent , Waterloo, N2J 2S5, Waterloo
| nvestor Alert - Rare Opportunity to Acquire a Fully Stabilized, Rental Licensed 3+3 Bedroom Property in One of Waterloo's Most Proven Rental Locations.Welcome to 139 Elgin Crescent, a turnkey income-producing asset offering the combination investors are actively seeking: strong cash flow, excellent tenant quality, and long-term income certainty. The property is fully leased under a multi-year agreement through to at least April 30, 2027, generating $5,970 per month plus utilities ($71,640 annually), providing immediate cash flow with virtually no leasing risk.This home with registered accessory apartment features two self-contained 3-bedroom units, each with its own kitchen and bathroom, making it ideally configured for the Waterloo student rental market. Situated on a mature 50 foot x 127 foot lot within walking distance of Wilfrid Laurier University, the University of Waterloo, Uptown Waterloo, shopping, restaurants, transit and everyday amenities, the location has consistently demonstrated strong tenant demand.The property has benefited from numerous updates over the years, including roof, furnace, air conditioning, wiring, plumbing and bathroom updates. Recently completed vinyl plank flooring throughout the main floor living room, hallway and all three upstairs bedrooms provides a fresh, modern appearance while offering the durability investors appreciate.Additional features include large basement egress windows, shared laundry, an attached garage (real bonus in this area), double-wide driveway parking, fenced backyard and an expansive stone patio. Whether you're expanding an existing portfolio or seeking a dependable hands-off investment in one of Ontario's perennially strongest rental markets, this is a rare opportunity to acquire a fully licensed, fully leased, and professionally maintained rental asset with predictable income already secured well into 2027. A true turnkey investment-buy today and collect strong rent tomorrow. |
| Price | $999,900 |
| Taxes: | $6745.95 |
| Assessment Year: | 2026 |
| Occupancy: | Tenant |
| Address: | 139 Elgin Crescent , Waterloo, N2J 2S5, Waterloo |
| Acreage: | < .50 |
| Directions/Cross Streets: | Brighton Street |
| Rooms: | 6 |
| Rooms +: | 7 |
| Bedrooms: | 3 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Walk-Up, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bathroom | 8.3 | 7.45 | 4 Pc Bath |
| Room 2 | Main | Bedroom | 9.12 | 10.92 | |
| Room 3 | Main | Bedroom | 8.36 | 11.91 | |
| Room 4 | Main | Kitchen | 12.56 | 11.12 | |
| Room 5 | Main | Living Ro | 16.63 | 16.24 | |
| Room 6 | Main | Primary B | 12.46 | 12 | |
| Room 7 | Lower | Bathroom | 6.53 | 7.74 | 3 Pc Bath |
| Room 8 | Lower | Bedroom | 10.92 | 10.92 | |
| Room 9 | Lower | Bedroom | 10.99 | 10.89 | |
| Room 10 | Lower | Bedroom | 10.82 | 11.12 | |
| Room 11 | Lower | Kitchen | 12.5 | 15.06 | |
| Room 12 | Lower | Recreatio | 15.28 | 10.92 | |
| Room 13 | Lower | Utility R | 3.9 | 14.96 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 3 | Lower |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 3 | Lower |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Duplex |
| Style: | Bungalow |
| Exterior: | Brick Veneer, Shingle |
| Garage Type: | Attached |
| Drive Parking Spaces: | 2 |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 700-1100 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
$
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE WOLLE REALTY |
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1-866-382-2968
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Fax:
416-981-7184
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Style: | Bungalow |
| Approximate Age: | 51-99 |
| Tax: | $6,745.95 |
| Beds: | 3+3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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