265 Glenridge Dr
Waterloo
$1,479,999
Buy with Dwelly and Save $14,800
Home Details
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Listing Description
Exceptional Investment Opportunity in the Heart of Waterloo! This rare student rental property 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 three major universities 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, and 4 kitchens across four self-contained units, 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 out the other three units, 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.
All Appliances, Legal Duplex. Can be Extended another 40% of the House.
City: Waterloo
Property History
Rooms
Room dimensions for 265 Glenridge Dr, Waterloo
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 265 Glenridge Dr is 7496
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1479999 |
| Down Payment | $296000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1183999 |
Monthly Payment
| Mortgage Payment | $7296 |
| Property Taxes | $200 |
| Maintenance Fees | $0 |
| Monthly Payment | $7496 |
About 265 Glenridge Dr, Waterloo
Located at 265 Glenridge Dr , this Waterloo house is available for sale. This property was listed for $1,479,999 on Fri Sep 26 2025. This house's size is 1500-2000 Sqft. It has 5 bedrooms and 6 bathrooms. The property includes the following rooms: Kitchen, Living, Primary, 2nd Br, 3rd Br, Breakfast, 4th Br, 5th Br, Br, Kitchen, Br, Br, Br. This property comes with 4 parking spots.
MLS#: X12428614 · $1,479,999 · 5 bedroom house in Waterloo