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396 HAZEL Street, Waterloo, Ontario, N2L3P6

MLS: 40816052 | House (Freehold)

$699,999

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Property Description

Welcome to 396 Hazel Street — a prime investment opportunity in the heart of Waterloo's highly desirable student rental area. This city-licensed student rental offers a legal duplex setup, making it a turnkey option for investors seeking strong and consistent rental income. Thoughtfully designed for student living, the property features spacious bedrooms, multiple bathrooms, and generous common areas that enhance tenant comfort and appeal. The functional layout, combined with its legal status and licensing, provides peace of mind and long-term stability. Ideally located within walking distance to Wilfrid Laurier University and the University of Waterloo, this home ensures high rental demand year after year. Additionally, it presents a great opportunity for buyers to renovate and further increase the property's value, making it especially attractive for investors looking to maximize returns. Whether you are an investor expanding your portfolio or a parent looking for a smart housing solution for university-bound children, 396 Hazel Street checks all the boxes. (id:64974)

Directions: Columbia and Hazel Street

Quick Facts

  • Property Type: House (Freehold)
  • Style: Raised bungalow
  • Bedrooms: 7 (3 above, 4 below)
  • Bathrooms: 2
  • Living Area: 2,300 sq ft (213.7 m²)
  • Above Grade: 1,200 sq ft (111.5 m²)
  • Below Grade: 1,100 sq ft (102.2 m²)
  • Ownership: Freehold
  • Attached: No
  • Parking: 4.0 spaces
  • Frontage: 52 ft (15.8 m)

Costs

  • Annual Taxes: $8,480.00

Listing Provided by: PEAK REALTY LTD.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Forced air
  • Cooling: Central air conditioning
  • Basement: Finished, Full
  • Appliances: Washer, Refrigerator, Stove, Dryer

Exterior & Construction

  • Style: Raised bungalow
  • Exterior: Brick, Aluminum siding
  • Foundation: Poured Concrete
  • Sewer: Municipal sewage system
  • Water: Municipal water

Lot & Land

  • Frontage: 52 ft (15.8 m)
  • Features: Paved driveway, In-Law Suite
  • Zoning: GR

Community & Neighbourhood

  • Subdivision: 417 - Beechwood/University

Room Details (12 rooms)

Basement
Bedroom10'6" x 12'1" (127 ft²)
Bedroom11'4" x 10'8" (121 ft²)
Bedroom10'3" x 11'2" (114 ft²)
Bedroom9'6" x 14'5" (137 ft²)
3pc Bathroom
Main level
Full bathroom
Living room15'1" x 17'11" (270 ft²)
Dining room9'0" x 13'10" (125 ft²)
Kitchen13'3" x 13'8" (181 ft²)
Bedroom8'0" x 11'3" (90 ft²)
Bedroom8'9" x 11'3" (98 ft²)
Bedroom10'9" x 14'5" (155 ft²)

Listing Information

MLS® Number40816052
BoardCornerstone
Originating SystemCornerstone Association of REALTORS®
BrokeragePEAK REALTY LTD.
Date ListedMarch 30, 2026
Last UpdatedMarch 31, 2026

Listing History

MLS listing activity for 396 HAZEL Street, Waterloo, Ontario, N2L3P6 — dates reflect when changes were recorded in the DDF

DateDays on MarketPriceEventListing ID
🔄3/31/20261Status Changed40816052
3/30/20260$699,999Listed (For Sale)40816052

Location & Neighborhood

📍396 HAZEL Street, Waterloo, Ontario, N2L3P6
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Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±5%Match BedroomsYesMatch BathroomsYes

Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes

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396 HAZEL Street, Waterloo, Ontario, N2L3P6

ASAP
 
WED
15
Apr
THU
16
Apr
FRI
17
Apr
SAT
18
Apr
SUN
19
Apr
MON
20
Apr
TUE
21
Apr
MorningAfternoonEvening
BuyRealty.ca
[email protected]
416-639-1935
Ask a Question