Discover a stunning gem in the heart of Uptown Waterloo—a spacious 3,288 sq ft Victorian triplex, ideally located just steps from Wilfrid Laurier University and only a 10-minute commute to the University of Waterloo. Licensed for 14 tenants across 15 bedrooms and currently rented to UW and WLU students, this property generates over $9,800 per month in rental income, offering exceptional investment potential. Meticulously maintained, recent updates include new windows (2023), a new furnace (2018), and renovations to Unit B and Unit C, ensuring it's in excellent condition. This prime property provides easy access to all Uptown Waterloo amenities, including Waterloo Park, CIGI, and the Perimeter Institute, with convenient public transit options like the ion LRT. Whether you're seeking a continued rental income stream, a multi-generational home, or even a beautiful single-family residence (with city approval), the possibilities are vast. Don't miss your chance to explore this versatile property (id:48040)
MLS® Number | 40647056 |
Property Type | Multi-family |
AmenitiesNearBy | Hospital, Place Of Worship, Public Transit, Schools, Shopping |
CommunityFeatures | Community Centre, School Bus |
Features | Laundry- Coin Operated |
ParkingSpaceTotal | 8 |
BathroomTotal | 6 |
BedroomsTotal | 15 |
BasementDevelopment | Finished |
BasementType | Full (finished) |
CoolingType | None |
ExteriorFinish | Brick |
FoundationType | Poured Concrete |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 3 |
SizeInterior | 3288 Sqft |
Type | Triplex |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Hospital, Place Of Worship, Public Transit, Schools, Shopping |
Sewer | Municipal Sewage System |
SizeDepth | 126 Ft |
SizeFrontage | 66 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | Rc1 |
https://www.realtor.ca/real-estate/27414666/62-dorset-street-waterloo
Contact us for more information
Lee S. Quaile
Broker of Record
Debbie Tsintaris
Salesperson