Welcome to 396 Hazel Street — a prime investment opportunity in the heart of Waterloo's highly desirable student rental area. This city-licensed student rental offers a legal duplex setup, making it a turnkey option for investors seeking strong and consistent rental income. Thoughtfully designed for student living, the property features spacious bedrooms, multiple bathrooms, and generous common areas that enhance tenant comfort and appeal. The functional layout, combined with its legal status and licensing, provides peace of mind and long-term stability. Ideally located within walking distance to Wilfrid Laurier University and the University of Waterloo, this home ensures high rental demand year after year. Additionally, it presents a great opportunity for buyers to renovate and further increase the property's value, making it especially attractive for investors looking to maximize returns. Whether you are an investor expanding your portfolio or a parent looking for a smart housing solution for university-bound children, 396 Hazel Street checks all the boxes. (id:49967)
| MLS® Number | 40816052 |
| Property Type | Single Family |
| Amenities Near By | Public Transit, Schools |
| Equipment Type | Furnace |
| Features | Paved Driveway, In-law Suite |
| Parking Space Total | 4 |
| Rental Equipment Type | Furnace |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 6 |
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Architectural Style | Raised Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 2,300 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 124 Ft |
| Size Frontage | 52 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Gr |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 12'1'' x 10'6'' | ||
| Basement | Bedroom | 10'8'' x 11'4'' | ||
| Basement | Bedroom | 11'2'' x 10'3'' | ||
| Basement | Bedroom | 14'5'' x 9'6'' | ||
| Basement | 3pc Bathroom | Measurements not available | ||
| Main Level | Full Bathroom | Measurements not available | ||
| Main Level | Living Room | 17'11'' x 15'1'' | ||
| Main Level | Dining Room | 13'10'' x 9'0'' | ||
| Main Level | Kitchen | 13'8'' x 13'3'' | ||
| Main Level | Bedroom | 11'3'' x 8'0'' | ||
| Main Level | Bedroom | 11'3'' x 8'9'' | ||
| Main Level | Full Bathroom | 14'5'' x 10'9'' |
https://www.realtor.ca/real-estate/29532687/396-hazel-street-waterloo
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