$999,900
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139 Elgin Crescent, Waterloo, ON N2J2S5

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0 Beds
0 Baths
1,972 Sq Ft

Investor Alert Rare Opportunity to Acquire a Fully Stabilized, Rental Licensed 3+3 Bedroom Property in One of Waterloo's Most Proven Rental Locations. Welcome to 139 Elgin Crescent, a turnkey income-producing asset offering the combination investors are actively seeking: strong cash flow, excellent tenant quality, and long-term income certainty. The property is fully leased under a multi-year agreement through to at least April 30, 2027, generating $5, 970 per month plus utilities ($71, 640 annually), providing immediate cash flow with virtually no leasing risk. This home with registered accessory apartment features two self-contained 3-bedroom units, each with its own kitchen and bathroom, making it ideally configured for the Waterloo student rental market. Situated on a mature 50 foot x 127 foot lot within walking distance of Wilfrid Laurier University, the University of Waterloo, Uptown Waterloo, shopping, restaurants, transit and everyday amenities, the location has consistently demonstrated strong tenant demand. The property has benefited from numerous updates over the years, including roof, furnace, air conditioning, wiring, plumbing and bathroom updates. Recently completed vinyl plank flooring throughout the main floor living room, hallway and all three upstairs bedrooms provides a fresh, modern appearance while offering the durability investors appreciate. Additional features include large basement egress windows, shared laundry, an attached garage (real bonus in this area), double-wide driveway parking, fenced backyard and an expansive stone patio. Whether you're expanding an existing portfolio or seeking a dependable hands-off investment in one of Ontario's perennially strongest rental markets, this is a rare opportunity to acquire a fully licensed, fully leased, and professionally maintained rental asset with predictable income already secured well into 2027. A true turnkey investmentbuy today and collect strong rent tomorrow. (id:58753)

Listing By: MIKE MILOVICK - Royal LePage Wolle Realty
Source: CREA #40844518 Listing provided courtesy of Canadian Real Estate Association
  • MLS® 40844518
  • Date Listed07/04/2026
  • Days on Realty 83 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision 116 - Glenridge/Lincoln Heights
  • Property Type Duplex
  • Year Built 1958
  • Water Public
  • Square Feet 1,972 sq. ft
  • Price Per Sq. Ft $507.05

Interior Features

  • Appliances Water softener, Garage door opener
  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Southern exposure

Directions

Weber Street North to Noecker Street. Noecker Street to Elgin Crescent. Turn Right on Elgin Crescent. Property is on the right.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2J2S5

Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.

Walkability in ON / N2J2S5

Source: Walk Score

93/100

Walker's Paradise

Walk Score ®

64/100

Good Transit

Transit Score ®

89/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

16 nearby routes: 15 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 43/100, Bike Score: 62/100.

Points of Interest near 139 ELGIN Crescent, Waterloo, ON N2J2S5

Frequently Asked Questions for 139 ELGIN Crescent

Source: Realty.com

139 ELGIN Crescent, Waterloo, ON N2J2S5 in 116 - Glenridge/Lincoln Heights, Waterloo, ON N2J2S5 is a duplex listed at $999,900. Highlights include 1,972 sq. ft., built in 1958, $507 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 139 ELGIN Crescent.

Our records indicate that 139 ELGIN Crescent was built in 1958.

The full address for this home is 139 ELGIN Crescent, Waterloo, ON N2J2S5.

139 ELGIN Crescent has been listed on Realty.com since Sat July 04, 2026

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 43/100, Bike Score: 62/100.

Listing provided courtesy of: Royal LePage Wolle Realty
Listing agent: MIKE MILOVICK

This content last refreshed on 2026-09-25 16:15:29. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.