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Maria Tompson
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$999,900
Available - For Sale
Listing ID: X13522576
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: $6,745.95
Assessment Year: 2026
Occupancy by: Tenant
Address: 139 Elgin Crescent , Waterloo, N2J 2S5, Waterloo
Acreage: < .50
Directions/Cross Streets: Brighton Street
Rooms: 6
Rooms +: 7
Bedrooms: 3
Bedrooms +: 3
Washrooms: 2
Family Room: F
Basement: Walk-Up
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Bathroom 8.30 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 12.00
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 12.50 15.06
Room 12: Lower Recreatio 15.28 10.92
Room 13: Lower Utility R 3.90 14.96
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Lower
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  3 Lower
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
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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Asking Price: $ Heating: $ /Year  
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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

139 Elgin Crescent , Waterloo, N2J 2S5, Waterloo

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Maria Tompson
Sales Representative
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At a Glance:
Type: Freehold - Duplex
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Bungalow
Lot Size: x 127.32(Feet)
Approximate Age: 51-99
Tax: $6,745.95
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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