56 Dover Street Waterloo, Ontario N2J 1Z1
$799,000
Smart Investment Opportunity in Waterloo! This turn-key bungalow with legal ADU is a dream for investors or savvy end-users looking to offset their mortgage with rental income. Fully renovated and featuring a legal 2-bedroom basement apartment, this property offers parking for up to 5 vehicles - a rare find in such a prime location. Just minutes from Wilfrid Laurier University and the University of Waterloo, its ideally positioned to attract consistent, high-quality tenants year after year. Extensive updates mean peace of mind for years to come, including new electrical, plumbing, furnace, AC, and roof. The main level showcases luxury vinyl plank flooring throughout, with a sunlit living and dining area, recessed lighting, and a stylish kitchen with quartz counters and brand new stainless steel appliances. Three generously sized bedrooms and two full baths - including a private ensuite - complete the upper unit. Downstairs, the bright and well-finished lower apartment features the same quality flooring, its own laundry, and a practical layout for students or professionals. A fenced backyard offers green space for kids, pets, or summer entertaining. Whether you're looking to add to your portfolio or live upstairs while generating income below, this property checks all the boxes. Invest with confidence - this one is ready to go. (id:13139)
Property Details
| MLS® Number | X12286892 |
| Property Type | Single Family |
| AmenitiesNearBy | Park, Public Transit, Schools |
| CommunityFeatures | School Bus |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| Appliances | Dishwasher, Dryer, Microwave, Hood Fan, Refrigerator |
| ArchitecturalStyle | Bungalow |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding, Brick |
| FireProtection | Smoke Detectors |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| LandAmenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 125 Ft |
| SizeFrontage | 51 Ft |
| SizeIrregular | 51 X 125 Ft |
| SizeTotalText | 51 X 125 Ft |
| ZoningDescription | Sr2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 4.29 m | 2.51 m | 4.29 m x 2.51 m |
| Basement | Kitchen | 3.7 m | 4.31 m | 3.7 m x 4.31 m |
| Basement | Recreational, Games Room | 4.26 m | 4.74 m | 4.26 m x 4.74 m |
| Basement | Utility Room | 1.86 m | 2.28 m | 1.86 m x 2.28 m |
| Basement | Bathroom | 1.51 m | 2.67 m | 1.51 m x 2.67 m |
| Basement | Bedroom | 3.02 m | 3.31 m | 3.02 m x 3.31 m |
| Main Level | Bathroom | 3.12 m | 1.66 m | 3.12 m x 1.66 m |
| Main Level | Bathroom | 1.51 m | 2.24 m | 1.51 m x 2.24 m |
| Main Level | Bedroom | 3.22 m | 3.35 m | 3.22 m x 3.35 m |
| Main Level | Bedroom | 3.19 m | 3.81 m | 3.19 m x 3.81 m |
| Main Level | Dining Room | 3.11 m | 1.77 m | 3.11 m x 1.77 m |
| Main Level | Kitchen | 4.25 m | 3.99 m | 4.25 m x 3.99 m |
| Main Level | Living Room | 4.34 m | 4.65 m | 4.34 m x 4.65 m |
| Main Level | Primary Bedroom | 3.1 m | 3.48 m | 3.1 m x 3.48 m |
https://www.realtor.ca/real-estate/28609272/56-dover-street-waterloo
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 31 2025 07:01:17
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Royal LePage Royal City Realty