Welcome to 396 Hazel Street — a prime investment opportunity in the heart of Waterloo's highly desirable student rental area. This city-licensed student rental offers a legal duplex setup, making it a turnkey option for investors seeking strong and consistent rental income. Thoughtfully designed for student living, the property features spacious bedrooms, multiple bathrooms, and generous common areas that enhance tenant comfort and appeal. The functional layout, combined with its legal status and licensing, provides peace of mind and long-term stability. Ideally located within walking distance to Wilfrid Laurier University and the University of Waterloo, this home ensures high rental demand year after year. Additionally, it presents a great opportunity for buyers to renovate and further increase the property's value, making it especially attractive for investors looking to maximize returns. Whether you are an investor expanding your portfolio or a parent looking for a smart housing solution for university-bound children, 396 Hazel Street checks all the boxes. (id:4069)
Address
396 HAZEL Street
List Price
$699,999
Property Type
Single Family
Type of Dwelling
Single Family
Style of Home
Raised bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Waterloo
Bedrooms
7
Bathrooms
2
Floor Area
2,300 Sq. Ft.
MLS® Number
40816052
Listing Brokerage
PEAK REALTY LTD.
Basement Area
Full (Finished)
Postal Code
N2L3P6
Zoning
GR
Site Influences
Public Transit, Schools
Features
Paved driveway, In-Law Suite
