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266 HAZEL Street, Waterloo — listed at $1,296,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
A rare three-property land assembly in one of the closest residential pockets to Wilfrid Laurier University. Steps to campus and situated on a direct GRT bus route to the University of Waterloo, this is one of the most convenient student-housing locations in the city. The assembly is currently configured for 22 rooms across the three properties, arranged as 6 separate self-contained units, each with its own bathroom, kitchen and common area — a proven, income-generating layout with exceptional walkability to both campuses, transit, shopping and amenities. With future development potential on a very manageable scale — a sensible, achievable build rather than an outsized or overly ambitious project, with possible expansion to neighbouring properties — this is an outstanding holding for investors and developers seeking scale, steady student-rental income, and long-term appreciation in Waterloo's University District. 262,264,266 Hazel must be purchased together. (id:60164)
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is 266 HAZEL Street a good fit for a growing family?+
With 3 bedrooms and 0 bathrooms (939 sq ft), there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
What makes this a luxury property?+
At $1,296,000, standout features include 939 sq ft. In this price range, expect higher-end finishes — verify during a showing.
What's the parking situation?+
This property includes 2 spaces.
How is the home heated? Is it efficient?+
Heating is forced air. Ask for past utility bills to understand real heating costs.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,727, heating is forced air. Always verify the latest figures with your agent before making an offer — these change yearly.
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