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Renanza Realty
For sale

802 WATERLOO Street

London, Ontario

MLS® 40855384

$649,900

Status
Active
Property type
House
MLS® number
40855384
Bedrooms
6
Bathrooms
3
Year built
1900

Listing description

Rare Investment Opportunity: Legal 6-Bedroom Licensed Student Rental. Step into a turn-key investment with this stunning yellow brick century home. Perfectly situated and fully licensed with the city, this rare 6-bedroom property offers the ideal blend of historic charm and modern functionality.

Whether you are looking to expand your portfolio or start strong, this house is a standout in the student rental market. Interior Highlights includes spacious living: A unique layout featuring two separate common living rooms-one on the main floor and one in the finished basement-plus an additional sun-filled common room overlooking the backyard. Sun-Drenched Bedrooms: Oversized windows throughout flood the home with natural light.

The upstairs includes a standout bedroom with its own private walkout and deck. A large, spacious eat-in kitchen serves as the heart of the home, perfect for group living. Finished Basement with separate entrance: Features a large recreation room, laundry room, and an additional bedroom, providing a perfect separate zone for tenants.

Major Updates & Exterior: Peace of Mind: Significant capital improvements include a new main sewer line, new front steps, and the replacement of most main floor and upstairs windows. Outdoor Oasis: A sliding door leads to a wrap-around deck and a beautiful, private backyard filled with perennial gardens. Storage: A solid 8x12 shed in the backyard provides ample storage for tenants.

Current Status: One reliable, long-term tenant remains, with the other five bedrooms vacant and ready for you to set your own market rents! Don't miss out on this rare, licensed, and updated yellow brick gem. This property is built for performance and longevity!

Property summary

MLS® number
40855384
Property type
Single Family
Building type
House
Square footage
2,412 sq ft
Title
Freehold
Built in
1900
Annual property taxes
$5,079.00
Parking
3 spaces
Days on market
50 days

Features & details

Heating
Hot water radiator heat
Cooling
None
Basement
Finished, Full
Appliances
Washer, Refrigerator, Stove, Dryer
Exterior features
Brick, Vinyl siding
Architectural style
A-Frame

What would this home cost you?

Based on the $649,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,024 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Rock Star Real Estate Inc., Oakville.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.