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139 ELGIN Crescent, Waterloo, Ontario, N2J 2S5

MLS® # 40844518
new listing
Investment For Sale In Central, Waterloo, Ontario
$999,900
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
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139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
139 Elgin Crescent, Waterloo, ON
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MULTIMEDIA

139 ELGIN Crescent, Waterloo, Ontario, N2J 2S5
$999,900

Property Information:

Investor 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. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 1972 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water softener, Garage door opener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Road access
  • Amenities Nearby: Public Transit, Shopping
  • Built in: 1958
  • Community Features: Quiet Area, School Bus
  • Features: Southern exposure
  • Floor Space (approx): 1972 Square Feet
  • Lot Depth: 127 Feet
  • Lot Frontage: 50 Feet
  • Structure Type: Porch
  • Zoning: R1
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 4

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Location of 139 ELGIN Crescent, Waterloo, Ontario, N2J 2S5

Demographic Information of 139 ELGIN Crescent, Waterloo, Ontario, N2J 2S5

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$65,862.89

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.76 %

High school certificate or equivalent

40.61 %

Apprenticeship trade certificate/diploma

1.33 %

College/non-university certificate

9.56 %

University certificate (below bachelor)

2.08 %

University Degree

41.64 %

Commuter

Travel To Work

By Car

56.59 %

By Public Transit

22.58 %

By Walking

14.86 %

By Bicycle

1.1 %

By Other Methods

4.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

88.88 %

Houses

11.12 %

Own Vs. Rent

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