$745,000
For sale: Detached

Turnkey Duplex Investment in a Prime Waterloo Location! Situated on an expansive 62' x 147' mature lot, this well-maintained legal duplex offers an exceptional opportunity for investors and owner-occupiers alike. Located just 3 minutes from the University of Waterloo, Wilfrid Laurier University, and the Waterloo Technology Park, this property benefits from strong, year-round rental demand driven by students and professionals. The legal basement apartment is separately rented, providing immediate income potential, while the upper unit offers additional rental income or the flexibility for owner occupancy. The large, tree-lined backyard features two storage sheds, adding valuable storage space, and the property offers parking for up to five vehicles. With easy access to major highways, top educational institutions, and Waterloo's thriving tech corridor, this is a rare opportunity to own a turnkey income property in one of the region's most desirable investment locations.
Sold data
Detached homes in Waterloo took a median of 15 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 33, across 157 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.
The median sale price was $799,999.
Homes sold for about 1.0% below asking on average, so there was room to negotiate.
About 39% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 157 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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