425 Dunvegan Drive B, Waterloo

$749,900
425 Dunvegan Drive B

$749,900

New
8d
Duplex2-Storey

425 Dunvegan Drive B, Waterloo

Total Monthly Obligation $3,703

Beds
5
Baths
4
Park
3
Sqft
1100-1500
DOM
8d
Yield
4.2%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Duplex
MLS® Number-X14080294
Beds-5
Bathrooms-4
Size-1100-1500 sqft
Lot Size-30.53 × 109 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Duplex
Taxes-$3,637 (2026)
Parking-3 - None
Basement-Apartment, Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible/TBA
Title-Residential Freehold

No agent assigned

Extensively renovated in 2024 with $150K+ in renovations, including a legal 2-bedroom basement apartment, this freehold semi-detached home features 5 bedrooms, 4 bathrooms and over 1,350 sq. ft. of above-grade plus approx. 600 sq. ft. of basement living space. Upgrades include a modern kitchen with quartz countertops and stainless steel appliances, new laminate flooring, modern tiles, pot lights throughout, upgraded bathrooms with rain shower and LED mirrors, and a newly added 2-piece primary ensuite. Electrical improvements include a 125-amp panel, upgraded receptacles and copper pigtailing. The fully renovated legal basement apartment offers a separate kitchen, 3-piece bathroom and private laundry, with potential rental income of approximately $1,500/month. Additional updates include all gutters replaced in 2026 and exterior waterproofing of the basement wall facing the backyard. Situated on a deep 30.53' x 109' lot with a private driveway and fenced backyard, conveniently located near parks, schools, Conestoga Mall, ION light rail, the University of Waterloo and Wilfrid Laurier University. An excellent opportunity for investors or homeowners seeking additional rental income!

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Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,703/mo
Mortgage $3,025
Monthly Loss $2,907
Principal$796
Interest$2,229
Property Tax$303
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 425 Dunvegan Drive B

Time

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