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Property Description
THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage! Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper floor 2 bedroom unit currently rented for $1,950/month plus hydro (Commencing May 2026). Both A+ tenants. Basement currently rented as storage for $200/month. Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars. Zoning: R3-2 (allows up to 4 units for potential increased income), OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio!
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Property Features
Fenced Yard, None, Other, Carbon Monoxide Detectors, Smoke Detector
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Property Details
Address
578 Waterloo Street
Community
City
Postal Code
N6B 2P9
Property Type
Detached, Detached
Zoning
R3-2 OC2
Lot Size
33' x 165'
Taxes
$5,331 (2025
Basement
Unfinished, Partial Basement
Exterior
Deck, Porch
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Century 21 First Canadian Corp
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