Address
428b Dunvegan Drive, Waterloo, ON
Price
$ 475,000
Property Attributes
  • ID#40867541
  • TypeSingle Family
  • Listing Status Active
  • CityWaterloo
  • Area1 - Waterloo East
  • Neighbourhood120 - Lexington/Lincoln Village
  • Postal CodeN2K 2C7
  • StyleTraditional
  • Year Built1973
  • Taxes$ 3423
  • Price$ 475,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1364
Data Source:
Ontario Regional (ITSO)
Property Description

An appealing opportunity for investors seeking a turn-key rental property with tenants already in place, this 3-bedroom, 2-bathroom semi-detached home offers a practical layout, generous living space and the stability of an established tenancy from day one. With over 1,300 sq. ft. above grade, the main level features a spacious kitchen, separate dining area and bright living room with an impressive wall of windows overlooking the backyard. A convenient 2-piece bath completes the level. Upstairs are three well-proportioned bedrooms, including a notably large primary bedroom, plus a 4-piece bath. Hardwood flooring adds warmth through the principal living areas, while the full basement provides laundry, utilities and substantial storage. Outside, the deep 31' x 122' lot offers a private driveway and a mature, fenced backyard with room to relax, garden or enjoy the outdoors. For an investor, the combination of freehold ownership, an established residential setting and tenants already in place makes this an easy addition to a rental portfolio. Set in Waterloo's established Lexington/Lincoln Village area, the location adds another layer of long-term appeal. Dunvegan Park is right in the neighbourhood, with trails, a playground, tennis and pickleball courts and basketball facilities, while nearby schools and everyday services make daily living convenient.Conestoga Mall, its shops, dining and services, and the ION light rail terminal are only a short drive away, providing excellent connections across Waterloo Region. The University of Waterloo and Wilfrid Laurier University are also within easy reach, adding to the area's broad rental appeal. Mature trees, established streets and nearby green space create a comfortable residential atmosphere without sacrificing access to shopping, transit, recreation and major employment and education destinations. A solid property, an established tenancy and a location that works for both tenants and investors.

Price History
10/4/2026 Listed $475,000

General Features

Living Area 1364
Sewer Sewer (Municipal)
Heating Forced Air,Natural Gas
Cooling None
Roof Asphalt Shing
Appliances Refrigerator,Stove
Zoning R4
Architectural Style Traditional
Construction Materials Aluminum Siding,Brick Veneer
Exclusions Tenant's Belongings
Year Built 1973
Stories Count 2
Property Subtype Single Family Residence
County Waterloo
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 9
Full Baths 1
Status Active
City Waterloo
Senior Community Y/N false
Open Parking Spaces 3
MLS Area 1 - Waterloo East
Property Attached Y/N true
MLS Area Minor 120 - Lexington/Lincoln Village
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor

Interior Features

Interior Amenities Other
Basement Full,Unfinished
Kitchen Level Main
Total Stories 3
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1364
Half Baths 1
Total Bedrooms 3
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Source Plans
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Lot Features Urban,Greenbelt,Open Spaces,Park,Playground Nearby,Public Transit,Quiet Area,Shopping Nearby
Water Source Municipal
Total Parking 3
Inclusions Refrigerator,Stove
Building Area Total 1364
Lot Dimensions 31.08 x 122.98
Frontage Length 31.08
Frontage Type East
Waterfront Y/N false
Crops Included Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in N2K 2C7