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Back to search Home Countries United States Union City 406 Tamarack Drive
$999,980

406 Tamarack Drive

Union City, United States
6 beds 2 baths Tenant

About this home

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!

Property facts

Property type
Tenant
Bedrooms
6
Bathrooms
2
Days on market
119 days

Features & amenities

Features & finishes
Spacious
modern kitchen with quartz countertops
stainless-steel appliances
walk-out to balcony
backyard
four bedrooms
separate entrance to fully finished basement apartment
renovations including basement waterproofing
upgraded 200A electrical panel
roof (2021)
HVAC system (2021)
gas meter (2021)
electrical panel upgrade (2021)
basement waterproofing (2021)
garage door (2022)
driveway (2024)
city-licensed for student housing
income-generating
turnkey
investment potential

Location

Approximate location · exact address shared on inquiry

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