56 DOVER STREET

Waterloo, , N2J1Z1, Canada

$699,900

Smart Investment Opportunity in Waterloo! This turn-key bungalow with legal ADU is a dream for investors or savvy end-users looking to offset their mortgage with rental income. Fully renovated and featuring a legal 2-bedroom basement apartment, this property offers parking for up to 5 vehicles - a rare find in such a prime location. Just minutes from Wilfrid Laurier University and the University of Waterloo, its ideally positioned to attract consistent, high-quality tenants year after year. Extensive updates mean peace of mind for years to come, including new electrical, plumbing, furnace, AC, and roof. The main level showcases luxury vinyl plank flooring throughout, with a sunlit living and dining area, recessed lighting, and a stylish kitchen with quartz counters and brand new stainless steel appliances. Three generously sized bedrooms and two full baths - including a private ensuite - complete the upper unit. Downstairs, the bright and well-finished lower apartment features the same quality flooring, its own laundry, and a practical layout for students or professionals. A fenced backyard offers green space for kids, pets, or summer entertaining. Whether you're looking to add to your portfolio or live upstairs while generating income below, this property checks all the boxes. Invest with confidence - this one is ready to go.

EXTRAS: Refrigerator, Dishwasher, Dryer, Microwave, Hood Fan

Virtual Tour: https://media.visualadvantage.ca/56-Dover-St

Last updated on : Friday 12th of December 2025 11:11:02 AM

ADDRESS

Street : 56 DOVER STREET

City : Waterloo

Country : Canada

Postal Code : N2J1Z1

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PROPERTY SUMMARY

Property ID : X12629616

Building Type : House

Property Type : Single Family

Bedrooms : 3 + 2

Bathrooms : 3

Parking : 5

Parking Type: Detached Garage, Garage

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