Versatile Opportunity in Waterloo – Ideal for First-Time Buyers, Multi-Generational Families, or Savvy Investors. Welcome to 603 Mt Anne Drive— an exceptional, fully licensed legal non-conforming duplex nestled in the highly desirable Lakeshore neighbourhood of Waterloo. This move-in ready home offers endless potential for first-time homebuyers seeking mortgage help, multi-generational families needing separate living spaces, or investors looking for a hands-off, income-generating property. Live in one unit and rent the other, house extended family with privacy, or benefit from strong rental income in one of Ontario’s most stable markets. The upper unit features 4 spacious bedrooms, 1 full bathroom, and a beautifully updated kitchen. The lower unit offers 3 bedrooms, 1 bathroom, and another modern kitchen—perfect for extended family or tenants. Both units have been well maintained with recent upgrades including a new roof (2023). Highlights: • Fully licensed duplex (City of Waterloo) • 7 total bedrooms, 2 kitchens, 2 full bathrooms • Two separate entrances – great for privacy or rental setup • Updated finishes throughout • Ample parking • Walkable to University of Waterloo, Wilfrid Laurier, shopping, restaurants, and public transit Whether you're buying your first home and want help covering the mortgage, need space for family, or want a safe and consistent investment—this property delivers it all. Don’t miss out on this rare chance to own a flexible, turn-key duplex in a high-demand area! (id:4069)
Address
603 MOUNT ANNE Drive
List Price
$849,999
Property Type
Single Family
Type of Dwelling
House
Style of Home
Raised bungalow
Area
Ontario
Sub-Area
Waterloo
Bedrooms
7
Bathrooms
2
Floor Area
2,147 Sq. Ft.
Year Built
1969
MLS® Number
40739730
Listing Brokerage
ROYAL LEPAGE WOLLE REALTY
Basement Area
Full (Finished)
Postal Code
N2L4W6
Zoning
R1
Site Influences
Hospital, Place of Worship
Features
In-Law Suite
Open Houses
- June 21, 2:00 PM - 4:00 PM