Waterloo Real Estate | Waterloo 5 Bedroom Homes and Condos for Sale

Set on a premium 66' x 114' lot, Welcome to an exceptional family home in Waterloo's prestigious Lakeshore neighbourhood, offering approx 3,000 sqft of finished living space and the perfect blend of luxury, functionality, & income potential. This beautifully updated property features 3+2 bedrooms, 4 bathrooms, & over $150,000 in recent upgrades, making it ideal for growing families, multigenerational living. A charming double-door entry leads to a bright & inviting interior featuring new ceramic tile flooring in the foyer and kitchen, hardwood floors throughout the living room, dining room, and office, elegant pot lights, and a cozy gas fireplace. The stunning brand-new kitchen, just completed in June 2026, offers modern cabinetry, a brand new stove, and a functional layout designed for everyday living and entertaining. Walk out to the huge deck overlooking a private, mature treed backyard with a peaceful trail-like setting. The second floor offers a massive primary bedroom with an ensuite bathroom and two additional spacious bedrooms sharing a full bath. The professionally finished legal second dwelling, completed in 2023 with over $100,000 invested, features two bedrooms, a full kitchen, living area, separate entrance, and private laundry, providing excellent mortgage support or space for extended family. Additional improvements include a newly constructed walkway to the basement entrance in 2023, beautifully landscaped front gardens with an irrigation system featuring 6 sprinklers, a double-car garage, and parking for 4 more vehicles, totaling 6 parkings. Ideally located just minutes from the University of Waterloo, Wilfrid Laurier University, Conestoga Mall, top-rated schools, parks, trails, and transit. This property offers unmatched convenience and long-term value in terms of a spacious family home, an income-generating investment property, or a home that allows your university-bound children to live close to campus while building equity. RSA (id:5764)

292 THORNCREST Drive, Waterloo

Listing courtesy of RE/MAX Escarpment Golfi Realty Inc..

$1,599,000

5 Beds ⋅ 4 Baths ⋅ 40842957 MLS® #

Welcome Home Again to 361 Coleridge Place, nestled in the heart of sought-after Beechwood in Waterloo — one of the city’s most established and family-oriented neighborhoods. Situated on a quiet court and set on a large, private lot with a pool, this beautifully renovated home offers the perfect blend of modern luxury and mature community charm. Completely transformed, this home showcases a stunning new kitchen featuring a spacious island, built-in appliances, sleek finishes, and a thoughtful design ideal for both everyday living and entertaining. Smart home technology adds convenience and efficiency throughout. Designed with families in mind, this spacious home offers four generous bedrooms upstairs and a total of four beautifully updated bathrooms, providing comfort and functionality for busy households. The fully finished basement includes a fifth bedroom and offers excellent in-law capability, creating flexible living options for multigenerational families or guests. Step outside to your backyard retreat — a large lot with mature trees and an inviting pool with a refreshed concrete poolside terrace, ready for summer gatherings and family fun. Located in a quiet, established neighbourhood known for its parks, schools, and strong sense of community, this is a rare opportunity to own a turnkey home in one of Waterloo’s most desirable areas. A perfect place to call home. (id:5764)

361 COLERIDGE Place, Waterloo

Listing courtesy of Chestnut Park Realty Southwestern Ontario Ltd., Brokerage.

$709,000

5 Beds ⋅ 5 Baths ⋅ X13486974 MLS® #

Calling All Investors! Welcome to 8 Hickory Street W, Unit 203, Waterloo - the ultimate income-generating investment property in a prime student rental location within walking distance to the University of Waterloo and Wilfrid Laurier University. This renovated condo offers over 2,000 sq. ft. of functional living space with laminate flooring throughout, 5 spacious bedrooms, 5 bathrooms, an open-concept living and dining area, and a walk-out to a spacious open balcony with room for outdoor furniture and enjoyment. The modern kitchen features stainless steel appliances, granite countertops, ceramic backsplash, a centre island, 2 stainless steel fridges, lots of cabinetry/pantry space and in-suite laundry for everyday convenience. All 5 rooms are fully rented from September 2026 to August 2027, generating a gross monthly income of $4,875 (covers 5 rooms $950/each monthly & parking $125/month), with the 1 owned underground parking space providing an additional $125 per month starting Sept. 2026. Monthly condo fees include unlimited Bell high-speed internet, water, parking, common elements, building insurance, and central air conditioning. The suite comes fully furnished with 5 double-sized bed frames, 5 desks, 5 side tables, washer and dryer, 3-seater couch, 2-seater couch, TV, barstools, dining chairs, window coverings, and electrical light fixtures. Building amenities include an exercise room, party/meeting room, games room, visitor parking, secure bike storage, elevator, and controlled entry. Ideally surrounded by parks and recreation including Kevin Strauss Football Field, Ansley Alumni Field, Hillside Park, Forwell Trail & Creek, Sugarbush Park, and Waterloo Park, with nearby access to University of Waterloo, Wilfrid Laurier University, Conestoga College. Steps to Grand River Transit, and the nearby Conestoga Parkway for easy travel throughout Waterloo Region, Ontario, and the GTA. (id:5764)

8 Hickory Street West Unit 203, Waterloo

Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC..

$709,990

5 Beds ⋅ 5 Baths ⋅ X13482722 MLS® #

Incredible Turn Key Luxury Student Investment. Newly painted, New fridge. This Condo Is Fully Rented Until The End Of August 2026 With Options To Renew. Huge rental demand throughout the year. Recession proof income potential. Currently Rented for $4250/mth. AAA 3 working tenants continuing for last 3 years. Minutes Away From University Of Waterloo & Wilfred Laurier. Bike Lanes Run Right Up To Condo. Amenities, Shops, Restaurants & Transit Steps Away. Highway Is Only A Few Minutes Away. A Great Investment For Any Type Of Investor. 5 Bedrooms All 5 With Their Own Washrooms. Shared Common Space With Laundry, Living and huge balcony.Seller can hand over fully vacated unit if required. (id:5764)

8 Hickory Street Unit 703, Waterloo

Listing courtesy of ROYAL LEPAGE FLOWER CITY REALTY.

$549,900

5 Beds ⋅ 2 Baths ⋅ 40841864 MLS® #

Prime Investment Opportunity – Fully Furnished 5-Bedroom Unit Near Universities. Monthly Rental Income: $4,300 | Low Condo Fees | Covered Parking Included This turn-key 5-bedroom, 2-bathroom condo offers an exceptional investment opportunity in a highly sought-after building, steps from University of Waterloo and Wilfrid Laurier University. Designed to maximize rental income, this unit comes fully furnished with zero property management fees, ensuring hassle-free cash flow from day one.Key Features include: Spacious Living Area: Open-concept living, dining, and kitchen, fully furnished with modern finishes. Five Bedrooms: Each bedroom features large windows and under-bed storage, dresser drawers, providing functional and comfortable living spaces for tenants. Secure Building: 24-hour security and a well-managed building ensure a safe environment and high tenant retention. Prime Location: Walk to campus, shopping, restaurants, and other local amenities. Parking: Rarely available in this building, included with the unit. Included Furnishings & Appliances: Refrigerator, stove, dishwasher, microwave, hood fan, beds with mattresses, desks with chairs, under-bed storage cabinets, dining table with chairs, couch, chairs, coffee table, window coverings, and lighting fixtures. Perfect for investors seeking a reliable, high-demand rental property, this unit offers immediate possession and consistent income with a 6.23% Cap Rate. (id:5764)

271 LESTER Street Unit 102, Waterloo

Listing courtesy of RE/MAX SOLID GOLD REALTY (II) LTD..

$498,999

5 Beds ⋅ 2 Baths ⋅ X13470720 MLS® #

Incredible Turnkey Investment In The Heart Of Waterloo's University District! This Purpose-Built 5-Bedroom, 2-Bathroom Condo At 253 Lester St Has The Potential To Generate Positive Monthly Cash Flow. Just Steps To Wilfrid Laurier University And The University Of Waterloo, This High-Demand Location Ensures Consistent Tenancy. Features Include A Spacious Open-Concept Living Area, Two Full Baths, Included Furniture, And Professional Property Management Options For A Completely Hands-Off Experience. Condo Fees Include Heat And Water, And The Building Offers Parking, Shared Laundry, Elevator Access, And Proximity To Transit, Shops, And Amenities. (id:5764)

251 Lester Street Unit 206, Waterloo

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY.

$749,000

5 Beds ⋅ 5 Baths ⋅ X13470380 MLS® #

Great investment opportunity in huge 5 bedrooms and 5 bathrooms luxury suite in high rise condominium building. 8 Hickory Street West is a high-end student condo building located within walking distance to the University of Waterloo, Wilfrid Laurier University, restaurants, shopping &situated right on the LRT route. Unit 806 has a total of 2077 SQFT living space and one underground parking space. It features 5 large bedrooms, 5 full bathrooms, 9 ft ceilings, open concept layout, in-suit laundry, modern kitchen with stainless steel appliances, granite countertops, and central island, and overlooks spacious living room. Amazing unobstructed city view through the balcony. Furnished. Internet is included. (id:5764)

8 HICKORY Street West Unit 806, Waterloo

Listing courtesy of AVION REALTY INC..

$1,150,000

5 Beds ⋅ 3 Baths ⋅ 40838845 MLS® #

Located in the highly desirable neighbourhood of Clair Hills in West Waterloo, 725 Zurich Drive is a rare opportunity for growing families seeking space, functionality, and an unbeatable location! Boasting over 3000 sq/ft of finished living space, this impressive 5 Bed/3 Bath home offers a thoughtfully designed open concept layout with incredible versatility throughout. The bright and welcoming main floor serves as the heart of the home, featuring spacious principal rooms ideal for everyday living and entertaining. Large windows provide an abundance of natural light while creating a warm and inviting atmosphere. Recent major updates including a new roof with solar panels (~5k/Yr ROI), new windows, new furnace, and new on-demand water heater provide exceptional value and peace of mind for years to come. Upstairs, the spacious primary bedroom offers a comfortable retreat with a large en-suite, while an additional bedroom and full bathroom complete the upper level with functionality and convenience. A true standout feature of this home is the fully finished basement, offering exceptional additional living space with *3 generously sized bedrooms, making it ideal for larger families, multi-generational living, overnight guests, or flexible work-from-home options. Complete with a full bathroom and ample space for recreation or additional family living, the lower level adds tremendous versatility and value rarely found in homes within this neighbourhood. Step outside to enjoy the fully fenced backyard featuring a private patio area and storage shed, the perfect setting for relaxing evenings, entertaining guests, or safe outdoor play for children and pets alike. Ideally located near top-rated schools including Vista Hills and Laurel Heights Secondary School, as well as the scenic GeoTime trails and surrounding forest, this family-friendly location offers the perfect balance of convenience and nature. Pride of ownership is evident throughout this beautifully maintained home! (id:5764)

725 ZURICH Drive, Waterloo

Listing courtesy of PEAK REALTY LTD..

$799,000

5 Beds ⋅ 5 Baths ⋅ 40837030 MLS® #

Luxury Penthouse Living in the Heart of Waterloo – Fully Furnished, Turn-Key & Prime Investment Opportunity. Experience exceptional penthouse living in this spectacular two-level suite, perfectly positioned on the top (11th) floor of a modern, upscale Waterloo residence. Offering over 2,100 sq. ft. of beautifully finished living space, this rare property combines sophisticated design, sweeping sunset views, and unmatched convenience; just steps from Wilfrid Laurier University and the University of Waterloo. Flooded with natural light, the contemporary 5-bedroom, 5-bathroom layout includes a dramatic two-storey lounge with soaring 20-ft ceilings, an open-concept gourmet kitchen complete with a large island and walk-in pantry, and full in-suite laundry. Spacious bedrooms feature private ensuite bathrooms, while the fifth bedroom enjoys direct access to the impressive two-storey balcony; an ideal space for entertaining or relaxing with panoramic city views. Thoughtfully furnished and fully equipped with appliances, this penthouse is entirely turn-key, offering a premium rental rate already secured - a hassle-free opportunity for both student housing and executive rental investors. Located in a high-demand neighbourhood, residents also benefit from outstanding building amenities including a fitness centre, social lounge, underground parking, and secure bike storage. note: Some images include virtual staging for illustration purposes. (id:5764)

8 HICKORY Street West Unit 1105, Waterloo

Listing courtesy of RED AND WHITE REALTY INC..

$799,000

5 Beds ⋅ 5 Baths ⋅ X13245830 MLS® #

Luxury Penthouse Living in the Heart of Waterloo - Fully Furnished, Turn-Key & Prime Investment Opportunity. Experience exceptional penthouse living in this spectacular two-level suite, perfectly positioned on the top (11th) floor of a modern, upscale Waterloo residence. Offering over 2,100 sq. ft. of beautifully finished living space, this rare property combines sophisticated design, sweeping sunset views, and unmatched convenience; just steps from Wilfrid Laurier University and the University of Waterloo. Flooded with natural light, the contemporary 5-bedroom, 5-bathroom layout includes a dramatic two-storey lounge with soaring 20-ft ceilings, an open-concept gourmet kitchen complete with a large island and walk-in pantry, and full in-suite laundry. Spacious bedrooms feature private ensuite bathrooms, while the fifth bedroom enjoys direct access to the impressive two-storey balcony; an ideal space for entertaining or relaxing with panoramic city views. Thoughtfully furnished and fully equipped with appliances, this penthouse is entirely turn-key, offering a premium rental rate already secured - a hassle-free opportunity for both student housing and executive rental investors. Located in a high-demand neighbourhood, residents also benefit from outstanding building amenities including a fitness centre, social lounge, underground parking, and secure bike storage. note: Some images include virtual staging for illustration purposes. (id:5764)

8 Hickory Street West Unit 1105, Waterloo

Listing courtesy of Red And White Realty Inc.

$775,000

5 Beds ⋅ 3 Baths ⋅ X13224614 MLS® #

Welcome to this beautiful move in ready raised bungalow in Waterloo's most sought after location with nearly 1500sqft of above ground living space and offering a total of 5 generous sized bedrooms, 3 full washrooms and ample storage. Step into a inviting main floor featuring a bright living and dining room. The large bedroom towards the kitchen may be utilised as a family room. The room at walkout level could be the perfect home office offering work live potential, income helper, in law suite (if city permits)or simply some additional living space. First time buyers forget the cookie cutter home. Fall in love with this airy home with unbeatable individuality and unmistakable charm. There's so much to do here, your weekends will be officially sorted. Investors will spot the huge potential this residential mixed use RMU zoned property has. It is a commuters dream, less than 10 minutes away from Hwy 7 and just minutes away from Uptown. Enjoy city living without compromising convenience. The tree-lined streets in the area, offer a unique character blended with authentic urban lifestyle which new developments just cannot match. Live permanent vacation vibes visiting critically acclaimed restaurants, boutiques and cafes. Everyday errands would be a doddle with shopping, transit and so many amenities nearby. This house is a hop skip and a jump away from the Ion LRT, a stroll away from Mary Allen park and right in the middle of everything that makes Waterloo feel like home. This endearing home with proximity to good schools and universities (Wilfred Laurier),will help you prioritize education as well as engage with the community by way of neighbourhood events, festivals and the farmers market. Plant your roots in this vibrant neighbourhood or simply grow your investment portfolio! The finished room at walkout level with its own entrance could be your home office. One garagespace is being used as an enclosed unheated gym space and can be easily converted back to a garage (id:5764)

107 Weber Street South, Waterloo

Listing courtesy of ROYAL LEPAGE PRG REAL ESTATE.

$509,000

5 Beds ⋅ 2 Baths ⋅ X13170540 MLS® #

Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 Lester St has the potential to generate over $49,000/year in gross rental income with positive monthly cash flow. Just steps to Wilfrid Laurier University and the University of Waterloo, this high-demand location ensures consistent tenancy. Features include a spacious open-concept living area, two full baths, included furniture, and professional property management options for a completely hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry facilities, elevator access, and proximity to transit, shops, and various amenities. (id:5764)

251 Lester Street Unit 401, Waterloo

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY.

$829,999

5 Beds ⋅ 2 Baths ⋅ X13162092 MLS® #

Fantastic Investment Opportunity in the heart of Waterloo! Welcome to 8 Marshall Street - a prime student rental property ideally situated just two blocks from Wilfrid Laurier University and minutes from public transit, shopping, grocery stores, restaurants, entertainment, and recreational amenities. This spacious home features 5 bedrooms, 2 full bathrooms, a shared kitchen and living area designed for comfortable student living, plus parking for 3 vehicles. A true turnkey investment opportunity with new student leases already secured for September 2026 at $1,000 per room plus utilities, offering strong and reliable rental income potential. Located in one of Waterloo's most desirable student rental neighbourhoods, this property is an excellent addition to any real estate portfolio and a smart opportunity for investors seeking consistent cash flow in a high-demand location. (id:5764)

8 Marshall Street, Waterloo

Listing courtesy of CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD.

$1,045,000

5 Beds ⋅ 4 Baths ⋅ X13161324 MLS® #

409 Tealby Crescent is a refined, turn-key detached home in Waterloo, originally built as the builder's model and thoughtfully designed for both everyday living and long-term value. The home offers four well-proportioned bedrooms on the second floor, complemented by a fully finished basement suite with a separate entrance, fifth bedroom, and full living quarters. In total, the property provides 1,833 square feet above grade (MPAC) plus approximately 915 square feet of finished basement space. Some of the features in this home include a large 4th bedroom addition with vaulted ceilings and a gas fireplace, a cozy study space, an open concept living space and a fully finished basement suite that is fully self-contained with its own kitchen, bathroom, laundry, bedroom, and living area, offering excellent flexibility for multi-generational living or rental income. Whether you choose to enjoy the entire home or offset ownership costs by leasing the basement, this property delivers versatility without compromise. As an investor, you can even lease the top and bottom floors separately for ultimate cashflow. The basement suite is currently tenanted on a month-to-month basis. 409 Tealby Crescent is conveniently located near public transit, Conestoga Parkway, Conestoga Mall, the University of Waterloo (7-minute drive), essential amenities such as restaurants, grocery stores, banks and Home Depot and more. Make 409 Tealby Crescent yours! (id:5764)

409 Tealby Crescent, Waterloo

Listing courtesy of HARVEY KALLES REAL ESTATE LTD..

$829,999

5 Beds ⋅ 2 Baths ⋅ 40831812 MLS® #

Fantastic Investment Opportunity in the heart of Waterloo! Welcome to 8 Marshall Street — a prime student rental property ideally situated just two blocks from Wilfrid Laurier University and minutes from public transit, shopping, grocery stores, restaurants, entertainment, and recreational amenities. This spacious home features 5 bedrooms, 2 full bathrooms, a shared kitchen and living area designed for comfortable student living, plus parking for 3 vehicles. A true turnkey investment opportunity with new student leases already secured for September 2026 at $1,000 per room plus utilities, offering strong and reliable rental income potential. Located in one of Waterloo’s most desirable student rental neighbourhoods, this property is an excellent addition to any real estate portfolio and a smart opportunity for investors seeking consistent cash flow in a high-demand location. (id:5764)

8 MARSHALL Street, Waterloo

Listing courtesy of Chestnut Park Realty Southwestern Ontario Limited.

$769,999

5 Beds ⋅ 3 Baths ⋅ X13142376 MLS® #

Fantastic Investment Opportunity in the heart of Waterloo! Welcome to 10 Marshall Street - a prime student rental property ideally located just two blocks from Wilfrid Laurier University and only minutes from public transit, shopping, grocery stores, restaurants, entertainment, and recreational amenities. This spacious property features 5 bedrooms, 2.5 bathrooms, a shared kitchen and living area designed for comfortable student living, plus parking for 4 vehicles. A turnkey investment opportunity with new leases already in place for September 2026 - fully leased with all 5 bedrooms rented at $1,000/month plus utilities per room. An excellent opportunity for investors looking to expand their portfolio with a well-located income property in one of Waterloo's most sought-after student rental areas. (id:5764)

10 Marshall Street, Waterloo

Listing courtesy of CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD.

$769,999

5 Beds ⋅ 3 Baths ⋅ 40830480 MLS® #

Fantastic Investment Opportunity in the heart of Waterloo! Welcome to 10 Marshall Street — a prime student rental property ideally located just two blocks from Wilfrid Laurier University and only minutes from public transit, shopping, grocery stores, restaurants, entertainment, and recreational amenities. This spacious property features 5 bedrooms, 2.5 bathrooms, a shared kitchen and living area designed for comfortable student living, plus parking for 4 vehicles. A turnkey investment opportunity with new leases already in place for September 2026 — fully leased with all 5 bedrooms rented at $1,000/month plus utilities per room. An excellent opportunity for investors looking to expand their portfolio with a well-located income property in one of Waterloo’s most sought-after student rental areas. (id:5764)

10 MARSHALL Street, Waterloo

Listing courtesy of Chestnut Park Realty Southwestern Ontario Limited.

$497,999

5 Beds ⋅ 2 Baths ⋅ X13126804 MLS® #

Calling all investors, MOTIVATED SELLER! An Exceptional Investment Opportunity Awaits! This Fully Furnished Property, Just Minutes From The University Of Waterloo And Wilfred Laurier University, Features 5 Spacious Bedrooms And 2 Full Bathrooms, With A Large Common Area Including L Shaped kitchen And Spacious Bright Living Room. Walking Distance To Shopping, Restaurants, And Many Other Amenities. Buyer to assume the property management service agreement and have the option to Opt out at the end of the term. (id:5764)

253 Lester Street Unit 204, Waterloo

Listing courtesy of PROPERTY.CA INC..

$458,000

5 Beds ⋅ 2 Baths ⋅ X13122510 MLS® #

Discover This Spacious And Well-Cared-For 5-Bedroom End-Unit Townhome Nestled In The Sought-After Beechwood Neighbourhood! The Main Level Offers A Bright And Inviting Living Area Paired With A Functional Kitchen Complete With Appliances. The Upper Floor Features 3 Comfortable Bedrooms And A 3-Piece Bath. Downstairs, The Basement Provides 2 Additional Bedrooms With Built-In Shelving, Ideal For Extended Family, Students, Or Workspace Needs. A Fantastic Opportunity To Personalize The Space And Enjoy A Smooth Move - Existing Furniture is Included For Added Convenience! (id:5764)

433 Keats Way Unit 1, Waterloo

Listing courtesy of HC REALTY GROUP INC..

$509,000

5 Beds ⋅ 2 Baths ⋅ X13115662 MLS® #

Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 Lester St has the potential to generate over $49,000/year in gross rental income with positive monthly cash flow. Just steps to Wilfrid Laurier University and the University of Waterloo, this high-demand location ensures consistent tenancy. Features include a spacious open-concept living area, two full baths, included furniture, and professional property management options for a completely hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry facilities, elevator access, and proximity to transit, shops, and various amenities. (id:5764)

251 Lester Street Unit 203, Waterloo

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY.

$613,000

5 Beds ⋅ 5 Baths ⋅ 40825655 MLS® #

Prime Location! This spacious 5-bedroom, 5-bathroom condo apartment offers a turnkey investment opportunity, currently fully tenanted with approximately $4,500/month in rental income. Featuring around 1,700 sq ft of living space, the unit boasts laminate flooring throughout, with each bedroom offering large windows and its own private 3-piece ensuite. Fully furnished and thoughtfully designed, this well-maintained unit includes one parking space. Condo fees cover water, heat, A/C, and insurance, providing added convenience and value. Ideally located just steps from the University of Waterloo and Wilfrid Laurier University, this is an excellent addition to any long-term investment portfolio. (id:5764)

392 ALBERT Street Unit 302, Waterloo

Listing courtesy of Royal LePage Peaceland Realty.

$499,900

5 Beds ⋅ 2 Baths ⋅ 40822088 MLS® #

253 Lester St. #401 is a turnkey student rental investment property in the heart of Waterloo’s university district. This spacious 5-bedroom, 2-bathroom condo is purpose-built for student living and delivers strong, consistent rental income with minimal effort. Just steps from Wilfrid Laurier University and the University of Waterloo, this location attracts reliable tenants year after year. The thoughtfully designed layout features approximately 1,158 sq ft of living space, including five generously sized bedrooms, two full bathrooms, and a large open-concept common area highlighted by an L-shaped kitchen and a bright living/dining room — perfect for gatherings, study sessions, or relaxing after class (recently updated with new furniture). Condo fees include heat and water, keeping operating costs low. The building offers elevator access, a brand-new onsite laundry facility for added tenant convenience, central air conditioning, and proximity to public transit, shopping, restaurants, and all essential amenities. Street parking and additional building parking options are available. Whether you’re an experienced investor or looking for your first student rental property, this unit offers hands-off potential with a proven gross rental income of $42,000 per year (all units under lease), delivering stable cash flow in this ever-growing university hub. Don’t miss your chance to own a worry-free (excellent onsite management available), income-generating property in one of Waterloo’s most sought-after student locations. Schedule your viewing today! (id:5764)

253 LESTER Street Unit 401, Waterloo

Listing courtesy of BENJAMINS REALTY INC..

$949,900

5 Beds ⋅ 5 Baths ⋅ 40820172 MLS® #

Welcome to 48 Dupont St. in Waterloo, a rare opportunity to own a spacious and versatile home in a highly sought-after location. Just a short walk to Uptown Waterloo, you’ll enjoy convenient access to shopping, restaurants, parks, and public transit—everything you need just steps from your door. This property is ideal for large or multi-generational families looking to live together while maintaining privacy. Featuring two separate apartments, it offers exceptional flexibility. One unit can easily be converted into an in-law suite by simply removing a door, creating a self-contained space with its own kitchen and bathroom—perfect for independent living. The second unit can accommodate extended family or serve as an income-generating rental. The home showcases true pride of ownership, carefully maintained by the same owners for over 60 years. It features three generous bedrooms, a 4-piece main bathroom. The updated kitchen is both stylish and functional, complete with granite countertops, stainless steel appliances, making it perfect for entertaining. A large dining room offers added flexibility and could easily be used as a home office or additional living space. Bright windows fill the home with natural light, creating a warm and inviting feel throughout. The lower level boasts a spacious recreation room with a cozy wood-burning fireplace, ideal for relaxing or hosting family gatherings. Outside, you’ll find a backyard designed for both enjoyment and practicality. The oversized 18' x 44' in-ground pool is perfect for summer days, while the 6-person hot tub provides year-round relaxation. A large 42' x 48' garden is ideal for those with a green thumb. The massive 24' x 43'10 insulated garage offers incredible space for vehicles, tools, boats, or business use, along with parking for 10 or more vehicles. Homes like this—offering space, flexibility, and location—rarely come to market. Don’t miss this amazing opportunity!!! (id:5764)

48 DUPONT Street, Waterloo

Listing courtesy of Re/Max Icon Realty.

$659,000

5 Beds ⋅ 4 Baths ⋅ X12469369 MLS® #

The Best Waterloo Investment Opportunity Minutes to university of Waterloo and Wlu universities. This Spacious 3+2 Bed Semi Detached Condo offers a Bright family sized Eat-In Kitchen. Finished Basement with 2 Bedroom and Laundry Area along with a Walkout to the Garage. Great for Parents or Investors!!! Condo fee Covers Roof, Window, Fence Etc. (id:5764)

235 Shakespeare Drive Unit 4, Waterloo

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..

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