Was listed for:Expired Dec 4, 2024
$789,999

11 Mcdougall Road

Waterloo (Beechwood), ON N2L 2W4

Detached House ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 11 Mcdougall Road, Waterloo, Beechwood

2024-06-05
2024-12-04
Expired
Price
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MLS#
x8408786

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 11 Mcdougall Road, Waterloo, Beechwood

Attention Investors!! Location..Location..Location. Currently Property offers an outstanding Investment Opportunity in a highly Desirable location in Waterloo. Buyer has both Options to either Rent it as it is or Demolish it and Build Brand New Dream House in Future as currently there are already Multimillion Dollars Houses been Built on the Street. Currently this Licensed 9-Bedroom Rooming house sits on a generous 40x119 lot, with all rooms currently Rented, Generating a Solid income of over $6000 per month. Current Tenants are Very Co-operative, always pays rent on time, and are willing to either stay or vacate as required by Buyer. Additional Income is Generated from parking and Laundry Services as well. The property's close Proximity to the Both Universities and Convenient access to Public Transit, combined with its peaceful location, make it an ideal choice for Students. The property is consistently in high demand among Renters and has been recently Painted.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,077
Land Transfer Tax Fee
$12,275

Rental Items

Rental Equipment
To avoid any Maintenance concerns, the Seller has Retained the Rental agreements for the Furnace, A/C, Water softener, and Water Heater and Rental details are provided in the expense sheet.

Basement Type
Finished, Separate Entrance

Interior Features

Laundry Level
Main Level
Interior Extras
Sump Pump, Water Softener
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Aluminum Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
40.07 ft
Lot Depth
119.18 ft

Inclusions

Inclusions
Note : Its Fully Turn Key Property as all the Rooms comes with Current Furniture like Bed and Closets and will be Provided in as it is Condition only.

Exclusions

Exclusions
All Tenants Belongings.

Parking & Garages

Garage Type
None
Garage Spaces
4
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
5 + 4
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Ground level
  • Kitchen—
    Ground level
  • Laundry—
    Ground level
  • Bedroom—
    Ground level
  • Bedroom 2—
    Ground level
  • Bedroom 3—
    Second level
  • Bedroom 4—
    Second level
  • Bedroom 5—
    Second level
  • Bedroom—
    Basement level
  • Bedroom—
    Basement level
  • Bedroom—
    Basement level
  • Bedroom—
    Basement level

Washrooms

  • 4-piece, Ground
  • 4-piece, Second

Municipality
Waterloo
Neighbourhood
Beechwood
Main cross streets
University Ave & Erb St

MLS® number
X8408786
Data source
Toronto Regional Real Estate Board
Status change
2024-12-04
Listed on
2024-06-05
Days on market
182 days
Possession type
To Be Arranged
Co-op commission
2.5 %
Seller
Listed by
RE/MAX REALTY SPECIALISTS INC.

Home Market Value

Current home valuation for 11 Mcdougall Road, Waterloo, Beechwood, Waterloo, ON. Listed for $789,999

HOMEH Estimate

?

$1,590,712

Estimated Sales Range

?

$954,427 - $2,226,997

HOMEH Estimate for 11 Mcdougall Road, Waterloo, Beechwood

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,590,712Low confidence
Based on 4 comparable properties
− $800,713 (50%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:6.8%

5% on first $500K + 10% on $289,999 over $500K

Minimum down payment

$54,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$29,420$22,041$18,802$0
=Total mortgage
$764,909$733,040$690,301$631,999
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,735monthly$3,579monthly$3,370monthly$3,086monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$12,275

Total Land Transfer Tax

$12,275

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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