265 Glenridge Drive
Waterloo, ON N2J 3W5
- 5+6Bedrooms
- 6Bathrooms
- 4Garage
- 1500–2000Sq Ft
- $2,400Tax
- 45×151 ftLot Size
Estimated Value:$1,430,000See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 265 Glenridge Drive, Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-09-26 | 2026-03-01 | Login to See Prices | Expired | x12428614 |
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About 265 Glenridge Drive, Waterloo
Summarized Description
- Exceptional investment opportunity in Waterloo's core.
- Ideal for investors, professionals, or families.
- Close to universities and direct bus access.
- Consistently generates strong rental income.
- Potential to live in main unit and rent others.
- Well-maintained with a smooth transition for investors.
- Perfect for high-yield rental in student market.
Exceptional Investment Opportunity in the Heart of Waterloo! This rare LEGAL DUPLEX, is located in the core strip of Waterloo, making it an ideal choice for investors, professionals, or families looking to live mortgage-free while generating strong rental income.Perfectly situated near Waterloo University, Wilfrid L & St. Jerome Unersities and Conestoga College, with direct bus Route 202 access to all schools, this property offers both convenience and long-term rental demand.Key Features: 11 spacious bedrooms, 6 bathrooms 800 sq. ft. permitted extension, completed a few years ago with full City approval, Approved rental license from the City of Waterloo, Separate laundry area for tenants convenience, 4 parking spots available, Roof replaced recently, with all equipment in excellent working condition, Consistently generating over $100,000 in gross annual income for the past three years. Potential to live in the main unit while renting the other unit, earning approximately $6,000/month in rental income. This property has been professionally managed and well-maintained by the owner, ensuring a smooth transition for the next investor. Whether youre seeking a high-yield rental property or an opportunity to live comfortably while your tenants cover the mortgage, this home is a must-see investment in Waterloos thriving student market. Walk Out Legal Basement
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,400
- Land Transfer Tax Fee
- $26,075
- Basement Type
- Apartment, Finished with Walk-Out
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Accessibility Features
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow-Raised
Construction
- Exterior Finish
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 45.01 ft
- Lot Depth
- 151.27 ft
- Lot Size
- 8547
- Lot Shape
- Pie
- Lot Size Code
- 45.01 x 151.27
Inclusions
- Inclusions
- All Appliances, Hot Water Tank, Water Softner (2025)Legal Duplex. Can be Extended another 40% of the House.
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 + 6
- Washrooms
- 6
- Kitchens
- 2
Room sizes
- Kitchen15.4x12.9Main level, Eat-in Kitchen
- Living Room18.7x13.2Main level
- Primary Bedroom12.01x11.5Main level
- Bedroom 210.8x8.01Main level
- Bedroom 311.x9.11Main level
- Breakfast24.6x12.7Main level
- Bedroom 411.5x12.8Main level
- Bedroom 5—Main level
- Bedroom14.4x12.9Basement level
- Kitchen—Basement level
- Bedroom—Basement level
- Bedroom—Basement level
- Bedroom—Basement level
- Bedroom—Basement level
- Bedroom—Basement level
Washrooms
- 2-piece, Main
- 4-piece, Main
- 3-piece, Main
- 3-piece, Basement
- Municipality
- Waterloo
- Main cross streets
- University Ave King Rd North
- Zoning
- RES
- Directions
- University Ave to Glendridge Drive
- Waterfront
- None
- MLS® number
- X12428614
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-03-01
- Listed on
- 2025-09-26
- Days on market
- 156 days
- Possession date
- 2025-12-24
- Possession type
- 60-89 days
- Co-op commission
- 2%+HST
- Seller
- Listed by
- RE/MAX CHAMPIONS REALTY INC.
Home Market Value
Current home valuation for 265 Glenridge Drive, Waterloo, , . Listed for $1,479,999
HOMEH Estimate
$1,430,000
Estimated Sales Range
$858,000 - $2,002,000
HOMEH Estimate for 265 Glenridge Drive, Waterloo
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $979,999 over $500K
$123,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $54,227 | $41,292 | $35,224 | $0 |
=Total mortgage | $1,409,906 | $1,373,291 | $1,293,223 | $1,183,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,884monthly | $6,705monthly | $6,314monthly | $5,781monthly |
Land Transfer Tax
$26,075
$26,075
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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