Tamarack Dr
Waterloo
$1,190,000
Buy with Dwelly and Save $11,900
Home Details
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Listing Description
Beautiful Legal Duplex In The Heart Of Waterloo's University District. Welcome To This Beautiful, Fully Licensed Duplex Ideally Located In One Of Waterloo's Most Sought-After Neighborhoods - Right Within The University District. Just A Short Walk To Wilfrid Laurier University, The University Of Waterloo, And Conestoga College, This Property Offers Exceptional Convenience For Students And Investors Alike. The Home Features A Spacious, Modern Kitchen With Quartz Countertops, Stylish Backsplash, New Cabinetry, And Stainless-Steel Appliances, With A Walk-Out To A Balcony Overlooking A Spacious Backyard That Backs Directly Onto St. David Catholic Secondary School's Green Field. No Neighbours Behind, Providing Lots Of Privacy. The Bright And Open Living And Dining Area Provides An Inviting Space For Relaxation And Entertaining. You'll Find Four Generously Sized Bedrooms, While A Separate Entrance Leads To An Additional Finished Underground And Fully Finished Basement Apartment, Offering Flexibility For Tenants Or Extended Family. Spent Lots Of $$$ On Renovations, Including But Not Limited To Basement Waterproofing And An Upgraded 200A Electrical Panel, Which Is Very Rare In The Area. This Property Is City-Licensed For Student Housing And Currently Generates Approximately $5,000 Per Month During The School Year, Making It An Ideal Investment For Parents Of University Students, Seasoned Investors Seeking Strong Rental Returns, Or First-Time Buyers Looking For A Mortgage Helper. Extensive Renovations Have Been Completed Top To Bottom, Including (But Not Limited To):Roof (2021)HVAC System (2021)Gas Meter (2021)Electrical Panel Upgrade (2021)Basement Waterproofing (2021)Garage Door (2022)Driveway (2024)Additionally, This Property Falls Within An Area Identified By The City Of Waterloo For Potential Medium-Rise Residential Development, Offering Strong Future Growth Potential For Savvy Investors. Don't Miss This Rare Opportunity To Own A Turnkey, Income-Generating Property!
Existing Appliances: 2 Fridges, 2 Stoves, 1 Dishwasher, 2 Washers, 2 Dryers, 2 Range Hoods, All Existing Window Covers.
City: Waterloo
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Sep 24, 2025 | N/A | $1,699 | N/A | N/A | X12424891 |
| Jul 8, 2025 | 78 | $1,998 | N/A | Terminated | X12271633 |
| Aug 7, 2024 | 28 | $1,990 | N/A | Terminated | X9243260 |
| Jun 22, 2024 | 46 | $2,100 | N/A | Terminated | X8469982 |
| May 30, 2024 | 69 | $1,100 | N/A | Terminated | X8387316 |
| May 6, 2024 | 47 | $2,050 | N/A | Terminated | X8308688 |
| Apr 5, 2024 | 54 | $899 | N/A | Terminated | X8208462 |
| Mar 21, 2024 | 46 | $2,050 | N/A | Terminated | X8161770 |
| Jul 15, 2023 | 30 | $4,400 | N/A | Terminated | X6668562 |
| Mar 14, 2023 | 8 | $3,800 | N/A | Terminated | X5964345 |
| Sep 18, 2021 | 33 | $1,600 | N/A | Terminated | X5375444 |
| Aug 28, 2021 | 54 | $740 | N/A | Terminated | X5353630 |
| Aug 26, 2021 | 12 | $1,398 | N/A | Terminated | X5352048 |
Rooms
Room dimensions for Tamarack Dr, Waterloo
Market Trends and Insights
Mortgage Calculator
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1190000 |
| Down Payment | $238000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $952000 |
Monthly Payment
| Mortgage Payment | $5866 |
| Property Taxes | $436 |
| Maintenance Fees | $0 |
| Monthly Payment | $6302 |
About Tamarack Dr, Waterloo
Located at 406 Tamarack Dr , this Waterloo house is available for sale. This property was listed for $1,190,000 on Tue Nov 18 2025. This house's size is 700-1100 Sqft. It has 5 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br, 3rd Br, 4th Br, Bathroom, Dining, Kitchen, Living, 5th Br, Bathroom, Laundry. This property comes with 5 parking spots.
MLS#: X12557078 · $1,190,000 · 5 bedroom house in Waterloo