297 Toll Gate Boulevard, Waterloo, ON N2L 4M5

About this residence

Welcome to this newly renovated (2025) legal duplex in the desirable lakeshore neighbour hood, totalling $150,000+ spent, perfect formultigeneration families and investors. The house was gutted to the studs (except upper bedrooms) in 2025, with brand new electrical,plumbing, framing, drywall, new separate electric panel, windows, sliding back door, deck, gutter, appliances, water heater, water purifier, sumppump, foundation water proofing and more! Lower unit (two bedrooms one bath) has walkin access from the garage, and the second walk upentrance (2025) to the yard, with enlarged looking out windows. Treed private yard is waiting for your personal touch. All equipment owned norental. Plumbing and electrical ready to place a dishwasher to upper kitchen island. Basement brings in 1650 Plus Utilities monthly (2025) while Main level brings in 2600 inclusive of Utilities montly in 2025. Live in one of the unit and rent the other as mortgage helper, or rent both and enjoy positivecashflow and easy maintenance. This duplex is conveniently located within walking distance to University of Waterloo, and along bus route toboth universities, shopping and other amenities.

Property details

Property type

Duplex

Total rooms

12

Garage

Attached

Parking spaces

2

Annual taxes

$4,469 (2026)

Possession

Flexible

Directions

Bearinger turn Toll Gate

Location