New Listing
$475,000
 $2,550 est/mo Sourced by Back At You

428b Dunvegan Drive,Waterloo, ON N2K 2C7

Waterloo, ON N2K 2C7

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Description

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.

Details

MLS #40867541
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1973
Listing Provided ByKELLER WILLIAMS INNOVATION REALTY | Jeff Reitzel

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,364
BasementY
Story(s)2
ZoningR4
Acreage0.09

Interior

AppliancesDryer, Refrigerator, Stove, Washer
Rooms Total9
Interior FeaturesOther
CoolingNone
Cooling Yes / NoNo
HeatingForced Air, Natural Gas
Heating Yes / NoYes

Exterior

Lot FeaturesUrban, Greenbelt, Open Spaces, Park, Playground Nearby, Public Transit, Quiet Area, Shopping Nearby
Construction MaterialsAluminum Siding, Brick Veneer
RoofAsphalt Shing

Parking

Open Parking Yes / NoYes

Utilities

SewerSewer (Municipal)

Taxes

Tax Annual Amount3423.11

Area Information

ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2K 2C7
Area1 Waterloo East
Subarea120 Lexington | Lincoln Village
Community Name120 Lexington/Lincoln Village
Listing VS Median (in 120 Lexington/Lincoln Village)
Price:
$475,000
low | high
Med:
$661,950
10.642105263158% of Average
sqft:
1,364
low | high
Med:
1,462
42.815249266862% of Average
$ / sqft:
$348
low | high
Med:
$457
18.725147474458% of Average

Market Activity N2K 2C7

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Learn More About This Property

ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2K 2C7
Area1 Waterloo East
Subarea120 Lexington | Lincoln Village
Community Name120 Lexington/Lincoln Village
Listing VS Median (in 120 Lexington/Lincoln Village)
Price:
$475,000
low | high
Med:
$661,950
10.642105263158% of Average
sqft:
1,364
low | high
Med:
1,462
42.815249266862% of Average
$ / sqft:
$348
low | high
Med:
$457
18.725147474458% of Average
Nearby Listings (Within 1/10 mile)
Price: $356K - $593K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
426A Dunvegan Drive Property Photo 1
$567,000
426a Dunvegan Drive
Waterloo, ON N2K 2C7
Listing Updated: October 4, 2026 at 8:55:50 AM PDT