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Listed price in listed location currency (CAD).
$699,900

425

MLS® 40793674

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1098 sqft
Garage Yes
Taxes $4,021
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $637
MLS® Number 40793674

Property Address: 56 Dover St, Waterloo, ON, N2J1Z1

Average square foot calculated using Size range provided by listing agent.

Description

Smart Investment Opportunity in Waterloo! This turn-key bungalow with legal ADU is a dream for investors or savvy end-users looking to offset their mortgage with rental income. Fully renovated and featuring a legal 2-bedroom basement apartment, this property offers parking for up to 5 vehicles - a rare find in such a prime location. Just minutes from Wilfrid Laurier University and the University of Waterloo, its ideally positioned to attract consistent, high-quality tenants year after year. Extensive updates mean peace of mind for years to come, including new electrical, plumbing, furnace, AC, and roof. The main level showcases luxury vinyl plank flooring throughout, with a sunlit living and dining area, recessed lighting, and a stylish kitchen with quartz counters and brand new stainless steel appliances. Three generously sized bedrooms and two full baths - including a private ensuite - complete the upper unit. Downstairs, the bright and well-finished lower apartment features the same quality flooring, its own laundry, and a practical layout for students or professionals. A fenced backyard offers green space for kids, pets, or summer entertaining. Whether you're looking to add to your portfolio or live upstairs while generating income below, this property checks all the boxes. Invest with confidence - this one is ready to go.
MLS® Number40793674
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementWalk-Up Access, Full, Finished
DrivewayDetached Garage
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Built-in Microwave, Carbon Monoxide Detector, Dishwasher, Dryer, Range Hood, Refrigerator, Smoke Detector

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 12, 2025List Date
$699,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Appraisal

This property is estimated to sell between: $681,000 and $709,000.
Similar properties in this area sold on average for: $681,737
Expected to sell in 27 days. Similar properties sold in 27 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
56 Dover St, Waterloo, ON

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