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Key Facts
Key facts for 172 Elgin Crescent
Property Type
House, Bungaloft
Parking
Attached 1 garage, 4 parking
MLS #
X12382116
Size
2000-2500 sqft
Basement
Full,Finished
Listed on
2025-09-03
Lot size
44 x 136.95
Tax
$5,625.96 /yr
Days on Market
2
Approximate Age
-
Maintenance Fee
-
Description
Live Upstairs, Rent Out the Lower Level Licensed Dwelling with Walkout Basement in Prime Waterloo Location Upper level vacant turnkey investment opportunity or ideal mortgage helper! This outstanding licensed 2-unit brick bungalow with loft and walkout basement is just steps to Uptown Waterloo, WL...U, University of Waterloo, Conestoga College, shopping, and the LRT. Perfect for investors, multi-generational families, or parents seeking student housing. The main level offers a bright, functional layout with two bedrooms plus a loft bedroom, an eat-in kitchen with updated counters and faucet (2022), living room, and a 3-piece bath. Hardwood floors in the bedrooms, fresh paint, vinyl plank flooring in the living room and hallway, and a charming enclosed front porch add warmth and character. The fully finished walkout lower level, renovated in 2017, features large windows, a private entrance, a spacious family room with direct access to a covered patio, two bedrooms, a 4-piece bathroom, and a stylish second kitchen. The lower unit also includes a large utility room, laundry with full-size stackable washer/dryer (2020), cold cellar, and plenty of storage. Upgrades & Features: 50-year steel roof, furnace (2022)main floor fridge (2024),Vinyl plank flooring (2019), basement windows (2018/2019), water softener (2019)Eavestroughs & garage door (2020)Custom window blinds in basement (2022) The deep, fully fenced backyard includes a 9 x 12 shedperfect for extra storage or creative future use. With a valid Waterloo rental license, this home is move-in or rent-out ready, offering excellent income potential in one of the regions most sought-after locations.This one checks all the boxesdont miss your chance to own a versatile, income-generating property in Uptown Waterloo. The extra income covers a $335,000 mortgage Great opportunity for home ownership .
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