297 Toll Gate Boulevard, Waterloo, ON N2L 4M5

$798,000
: 5
BD
: 2
BA
: 700
SqFt

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List Price: $798,000
MLS#: X13732242
Status: ACTIVE
Type: Multifamily
SubType: Duplex
Style: Bungalow-Raised
Bedrooms: 5
Bathrooms: 2
Living Area: 700-1100
Province: ON
Municipality: Waterloo
Area: Waterloo
Subdivision: Bearinger & Toll Gate Blvd

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Property Description

Welcome to this newly renovated (2025) legal duplex in the desirable lakeshore neighbour hood, totalling $150,000+ spent, perfect for multigeneration families and investors. The house was gutted to the studs (except upper bedrooms) in 2025, with brand new electrical, plumbing, framing, drywall, new separate electric panel, windows, sliding back door, deck, gutter, appliances, water heater, water purifier, sump pump, foundation water proofing and more! Lower unit (two bedrooms one bath) has walkin access from the garage, and the second walk up entrance (2025) to the yard, with enlarged looking out windows. Treed private yard is waiting for your personal touch. All equipment owned no rental. Plumbing and electrical ready to place a dishwasher to upper kitchen island. Basement brings in 1650 Plus Utilities (2025) while Main level brings in 2600 inclusive of Utilities (2025). Live in one of the unit and rent the other as mortgage helper, or rent both and enjoy positive cashflow and easy maintenance. This duplex is conveniently located within walking distance to University of Waterloo, and along bus route to both universities, shopping and other amenities.

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Additional Information

Taxes: $4,468
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Rooms: 12
Kitchens: 2
Exterior: Aluminum Siding, Brick
Garage Spaces: 1
Garage Type: Attached
Pool: None
Parking Spaces: 3
Parking Type: Private Double