428B DUNVEGAN Drive, Waterloo, Ontario

$475,000

3 Beds
2 Baths
1,364 Square Feet

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. (id:23309)

Listing ID: 40867541
Property Type: Single Family
Year Built: 1973

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Rooms

Level	Type	Dimensions
Second Level	Bedroom	14'1'' x 9'11''
Second Level	Bedroom	12'2'' x 8'11''
Second Level	4pc Bathroom	7'4'' x 4'11''
Second Level	Primary Bedroom	17'0'' x 14'11''
Basement	Storage	31'3'' x 18'9''
Main Level	Living Room	18'8'' x 11'8''
Main Level	2pc Bathroom	4'6'' x 4'0''
Main Level	Dining Room	11'7'' x 7'1''
Main Level	Kitchen	12'3'' x 11'2''

Details

Architectural Style: Other
Amenities Nearby: Park, Playground, Public Transit, Shopping
Community Features: Quiet Area
Features: Conservation/green belt
Ownership: Freehold
Parking Spaces: 3
Transaction: For sale
Zoning Description: R4

Building

Appliances: Dryer, Refrigerator, Stove, Washer
Architectural Style: Other
BasementType: Full (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 3
Constructed Date: 1973
Construction Style Attachment: Semi-detached
Cooling: None
Exterior Finish: Aluminum siding, Brick Veneer
Fireplace Present: False
Bathrooms (Half): 1
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1364 sqft
Stories Total: 2
Type: House
Utility Water: Municipal water

Land

Amenities: Park, Playground, Public Transit, Shopping
Sewer: Municipal sewage system
Size Frontage: 31 ft

This property for sale is located at 428B DUNVEGAN Drive in Waterloo. It was last modified on October 4th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Waterloo properties for sale.

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