CAONWaterlooCentral District139 Elgin Cres

139 Elgin Cres, Waterloo, ON

House

For Sale

Listed price in listed location currency (CAD).

$999,900

622

MLS® X13522576

Key Facts
Description
Rooms
Map

Key Facts

Type Duplex

Levels Residential

Size -

Garage Attached

Taxes $6,746

Days Active 3

Lot Size 6382

Approx. Age

MLS® Number X13522576

Property Address: 139 Elgin Cres, Waterloo, ON, N2J2S5

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

Description

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.

MLS® NumberX13522576

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageAttached

Approx. Age

BasementWalk-Up, Finished, Separate Entrance

DrivewayGarage Type:Attached

Garage Spaces

HeatGas, Forced Air

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 4, 2026List Date

$999,900List Price

00/00/0000End Date

$XXX,XXXSold Price

Top Secret

00/00/0000List Date

$XXX,XXXList Price

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Home Appraisal

This property is estimated to sell between: $716,000 and $1,142,000.

Similar properties in this area sold on average for: $716,833

Expected to sell in 32 days. Similar properties sold in 35 days. This home has been on eXp Realty for 3 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.

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Starting Address

Destination Address

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For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.