Brick exterior with a peaked roof, covered front porch, and an attached single-car garage Features: brick siding, driveway, downspout, gutters, porch, shingle roof, lawn, attached garage

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Brick exterior with a gabled roof Features: lawn, shingle roof, downspout, driveway, attached garage, gutters, brick siding, porch

Brick exterior, attached garage, paved driveway, front porch, and mature trees Features: brick siding, attached garage, porch, driveway, fence, downspout, shingle roof, gutters, electric meter, lawn, concrete foundation

Brick exterior with a brown shingle roof, attached garage, front porch with white railing, and a mature front yard Features: fence, lawn, downspout, driveway, attached garage, gutters, shingle roof, porch, brick siding

Brick veneer exterior with a covered porch featuring a white metal railing, and a front door with decorative glass Features: stoop, brick siding

Front entry with a white door featuring decorative glass, stone veneer siding, and a white wrought iron railing Features: porch, brick siding

Built-in closet with hanging rod, wall-mounted coat rack, and light-colored wall paint Features: drywall, baseboards wall, tile floor

Light gray wood-finish flooring complements the neutral wall tones Features: baseboards wall, drywall, wood finish floor

Light wood-finish flooring, neutral wall tones, and recessed entry Features: wood finish floor, baseboards wall, drywall

Light wood-finish flooring, ample natural light from large windows, white crown molding, and neutral wall tones Features: drywall, baseboards wall, wood finish floor

Wood-finish flooring throughout, complemented by a neutral color palette Features: wood finish floor, scuttle, smoke carbon monoxide detector, drywall, baseboards wall

Wood-finish flooring, ceiling fan with integrated lighting, window with blinds, and white trim Features: drywall, ceiling fan, wood finish floor, baseboards wall

Recessed ceiling lighting, light blue wall paint, wood-finish flooring, white window trim, and roller shades Features: vent, drywall, baseboards wall, natural light, wood finish floor, recessed lighting

Wood-finish flooring, white trim, a single window, and a white sliding closet door Features: wood finish floor, drywall, baseboards wall, closet

Bright bedroom featuring wood-finish flooring, a large window with natural light, white painted walls, and a white six-panel entry door with brass hardware Features: baseboards wall, drywall, natural light, wood finish floor

Vanity with an integrated sink and light-toned countertop Features: full bathroom, vent, sink, toilet, tile wall, combined bath shower, drywall, wainscot wall, track lighting, tile floor, vanity

Kitchen featuring wood-finish cabinetry, tile flooring, white appliances, and ceiling-mounted lighting Features: tile floor, range hood, sink, medium brown cabinets, arched cabinets, g shaped kitchen, raised cabinets, baseboards wall, fire extinguisher, range oven, drywall, open shelves, refrigerator, natural light, vent, countertops

Kitchen featuring wood cabinetry, light-toned countertops, a white range, and a dual basin sink Features: range hood, arched cabinets, microwave, raised cabinets, medium brown cabinets, countertops, tile floor, open shelves, drywall, baseboards wall, vent, sink, fire extinguisher, range oven

Functional kitchen featuring wood cabinetry, laminate countertops, a tile floor, and a double basin sink Features: range oven, countertops, raised cabinets, microwave, arched cabinets, range hood, medium brown cabinets, sink, drywall, vent, dishwasher, baseboards wall, tile floor, open shelves

Kitchen featuring wood cabinetry, laminate countertops, a built-in microwave, a white dishwasher, and tile flooring Features: raised cabinets, tile floor, arched cabinets, dishwasher, medium brown cabinets, drywall, baseboards wall, refrigerator, countertops, microwave

Kitchen featuring wood cabinetry, tiled flooring, and a light-colored countertop Features: tile floor, refrigerator, baseboards wall, range oven, drywall, arched cabinets, medium brown cabinets, raised cabinets, open shelves, countertops, fire extinguisher

White paneled exterior door with divided light window, tiled flooring, wall-mounted light fixture, and wooden handrail Features: stairs, drywall, tile floor

Carpeted staircase with white trim, tiled flooring, wood-finish cabinetry, and white appliances Features: recessed lighting, low ceiling, baseboards wall, drywall, tile floor, range oven, stairs, microwave, range hood

Bathroom featuring a vanity with an integrated sink, a rectangular mirror, a window with white trim, and tiled flooring Features: mirror, sink, baseboards wall, toilet, vanity, tile floor, vent, shower, low ceiling, full bathroom, drywall

Tile-lined shower with square floor tiles and a wall-mounted shower head Features: full bathroom, tile wall, shower

Wood-finish flooring, recessed ceiling lighting, and multiple windows create a bright and functional interior space Features: low ceiling, wood finish floor, basement, recessed lighting, baseboards wall, natural light, drywall

Recessed lighting illuminates the space, featuring wood-finish flooring and a window with blinds Features: smoke carbon monoxide detector, tile floor, water softener, wood finish floor, recessed lighting, baseboards wall, natural light, low ceiling, drywall, basement, vent

Recessed ceiling lighting, wood-finish flooring, white trim, and a window with blinds Features: smoke carbon monoxide detector, natural light, baseboards wall, recessed lighting, low ceiling, drywall, wood finish floor

Room featuring wood-finish flooring, recessed lighting, and a window with blinds Features: wood finish floor, natural light, baseboards wall, low ceiling, recessed lighting, drywall

Recessed ceiling lighting, wood-finish flooring, white trim, a window with blinds, and light-toned wall finishes Features: recessed lighting, smoke carbon monoxide detector, vent, low ceiling, baseboards wall, drywall, basement, water softener, wood finish floor, natural light

Recessed ceiling lighting, wood-finish flooring, and white baseboards Features: drywall, vent, baseboards wall, wood finish floor, natural light, low ceiling, basement, recessed lighting

Wood-finish flooring, recessed ceiling lighting, light-toned walls, and a white interior door Features: wood finish floor, baseboards wall, drywall, low ceiling, recessed lighting, natural light

Wood-finish flooring with white trim Features: drywall, recessed lighting, natural light, baseboards wall, basement, wood finish floor, vent

Recessed lighting, wood-finish flooring, and light gray wall paint Features: baseboards wall, drywall, natural light, low ceiling, recessed lighting, wood finish floor, basement

Kitchen featuring extensive wood cabinetry, tile flooring, recessed lighting, and a built-in range hood Features: dishwasher, raised cabinets, range oven, drywall, microwave, countertops, sink, range hood, u shaped kitchen, arched cabinets, vent, recessed lighting, refrigerator, medium brown cabinets, tile floor

Kitchen featuring wood cabinetry, light-toned countertops, tile flooring, and recessed lighting Features: drywall, countertops, arched cabinets, recessed lighting, visible hinge cabinets, refrigerator, tile floor, vent, dishwasher, microwave, range oven, raised cabinets, medium brown cabinets, sink, range hood

Kitchen featuring wood cabinetry, white electric range, and a double basin stainless steel sink Features: low ceiling, vent, visible hinge cabinets, smoke carbon monoxide detector, sink, baseboards wall, raised cabinets, tile floor, arched cabinets, medium brown cabinets, countertops, recessed lighting, range hood, drywall, range oven

Wood cabinetry, stainless steel sink, integrated dishwasher, light-toned countertops, recessed lighting Features: drywall, natural light, tile floor, countertops, baseboards wall, vent, raised cabinets, recessed lighting, basement, arched cabinets, opens to living area, fire extinguisher, sink, dishwasher, visible hinge cabinets, medium brown cabinets

Water softener system, water heater, and exposed ductwork Features: basement, water softener, water heater

Additional content Features: concrete floor, drywall, separate washer dryer, sink, laundry

Additional content Features: concrete floor, sink, laundry, refrigerator, drywall, separate washer dryer

Paver stone patio with a brick and stone veneer exterior Features: fence, patio

Brick exterior with a white door, brown downspout, and paved stone patio Features: downspout, fence, electric meter, gutters, brick siding

Expansive backyard featuring a manicured lawn, a full privacy fence, and a stone paver patio Features: lawn, fence, patio

Expansive lawn area with a brick exterior, patio space, and wood fencing Features: gutters, downspout, concrete block foundation, brick siding, patio, shingle roof, chimney, lawn, fence

Expansive grassy yard with wood fencing and mature trees Features: lawn, fence

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For Sale - 139 Elgin Crescent, Waterloo, Ontario

139 Elgin Crescent

Waterloo , Ontario

6 2 $999,900

Est payment $4,801/mo

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Time on Jump 91 day

AI Summary *

Turnkey investment with strong cash flow and excellent tenant quality.
Fully leased 3+3 bedroom property, generating $5,970 monthly until 2027.
Two self-contained units, perfect for student rentals near local universities.
Numerous updates including roof, plumbing, and durable flooring throughout.
Great location within walking distance to amenities, shops, and transit.

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Down Payment:
$ 49,995 ( 5% )

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Nvestor alert - rare opportunity to acquire a fully stabilized, rental licensed 3+3 bedroom property in one of waterloo's most proven rental locations. Welcome to 139 elgin crescent, a turnkey income-producing asset offering the combination investors are actively seeking: strong cash flow, excellent tenant quality, and long-term income certainty. The property is fully leased under a multi-year agreement through to at least april 30, 2027, generating $5,970 per month plus utilities ($71,640 annually), providing immediate cash flow with virtually no leasing risk. This home with registered accessory apartment features two self-contained 3-bedroom units, each with its own kitchen and bathroom, making it ideally configured for the waterloo student rental market. Situated on a mature 50 foot x 127 foot lot within walking distance of wilfrid laurier university, the university of waterloo, uptown waterloo, shopping, restaurants, transit and everyday amenities, the location has consistently demonstrated strong tenant demand. The property has benefited from numerous updates over the years, including roof, furnace, air conditioning, wiring, plumbing and bathroom updates. Recently completed vinyl plank flooring throughout the main floor living room, hallway and all three upstairs bedrooms provides a fresh, modern appearance while offering the durability investors appreciate. Additional features include large basement egress windows, shared laundry, an attached garage (real bonus in this area), double-wide driveway parking, fenced backyard and an expansive stone patio. Whether you're expanding an existing portfolio or seeking a dependable hands-off investment in one of ontario's perennially strongest rental markets, this is a rare opportunity to acquire a fully licensed, fully leased, and professionally maintained rental asset with predictable income already secured well into 2027. A true turnkey investment-buy today and collect strong rent tomorrow.

Listing IDX13522576

Address139 Elgin Crescent

CityWaterloo, Ontario

Price$999,900

Bed / Bath6 / 2 Full

StyleBungalow, Duplex

ConstructionBrick Veneer, Shingle

Land Size6382

TypeMulti-Family

StatusFor Sale

Extras

Subtype DuplexIndoor Features Accessory Apartment, Carpet Free, In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned, Water SoftenerOwnership FreeholdWaterfront NoneBasement Walk-Up, Finished, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 2.00

Listing Brokerage: ROYAL LEPAGE WOLLE REALTY

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Listing Brokerage: ROYAL LEPAGE WOLLE REALTY

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For Sale - 139 Elgin Crescent, Waterloo, Ontario

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