56 Dover Street
Waterloo
N2J 1Z1
$699,900
Residential
beds: 5
baths: 3.0
1,907 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 40793674
- Bedrooms:
- 5
- Bathrooms:
- 3
- Photos (47)
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Smart Investment Opportunity in Waterloo! This turn-key bungalow with legal ADU is a dream for investors or savvy end-users looking to offset their mortgage with rental income. Fully renovated and featuring a legal 2-bedroom basement apartment, this property offers parking for up to 5 vehicles - a rare find in such a prime location. Just minutes from Wilfrid Laurier University and the University of Waterloo, its ideally positioned to attract consistent, high-quality tenants year after year. Extensive updates mean peace of mind for years to come, including new electrical, plumbing, furnace, AC, and roof. The main level showcases luxury vinyl plank flooring throughout, with a sunlit living and dining area, recessed lighting, and a stylish kitchen with quartz counters and brand new stainless steel appliances. Three generously sized bedrooms and two full baths - including a private ensuite - complete the upper unit. Downstairs, the bright and well-finished lower apartment features the same quality flooring, its own laundry, and a practical layout for students or professionals. A fenced backyard offers green space for kids, pets, or summer entertaining. Whether you're looking to add to your portfolio or live upstairs while generating income below, this property checks all the boxes. Invest with confidence - this one is ready to go.
- Property Type:
- Residential
- Property SubType:
- Single Family Residence
- Listing General Location:
- 114 - Uptown Waterloo/North Ward, 1 - Waterloo East
- Bedrooms:
- 5
- Bathrooms:
- 3.0 (Full:3/Half:0)
- Lot Details:
- 51 x
- Lot Frontage:
- 51'
- Frontage Type:
- East
- Kitchens:
- 2
- Home Style:
- Bungalow
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Property Attached:
- Detached
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
- Construction:
- Aluminum Siding, Brick
- Basement:
- Walk-Up Access, Full, Finished
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shing, Fiberglass
- Number of Buildings:
- 0
- Total Floor Area:
- 1,907 sq. ft.
- # Main Level Bedrooms:
- 3
- # Main Level Bathrooms:
- 2
- Finished Area Above Grade:
- 1,098 sq. ft.
- Finished Area Below Grade:
- 809 sq. ft.
- Fireplace:
- false
- Water Supply:
- Municipal-Metered
- Sewer:
- Sewer (Municipal)
- Cooling:
- Central Air
- Heating:
- Forced Air, Natural Gas
- Built-in Microwave,Carbon Monoxide Detector,Dishwasher,Dryer,Range Hood,Refrigerator,Smoke Detector
- Built-in Microwave, Dishwasher, Dryer, Range Hood, Refrigerator
- Accessory Apartment
- false
- No
- Erd St E
- No
- Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s), Smoke Detector(s)
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- HST Applicable To Sale Price:
- Included
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
- Road Access Fee:
- Signup
- Condo Corporation:
- No
- Zoning:
- SR2
- Lot Site Features:
- Urban, Park, Public Transit, School Bus Route, Schools
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
- Garage Spaces:
- 1.0
- Parking Places Covered:
- 1.0
- Parking:
- Detached Garage
- # Of Total Parking Spaces:
- 5.0
- # Of Open Parking Spaces:
- 4.0
- Driveway Parking:
- Private Drive Double Wide
- Total Units:
- Signup
- Listed Date:
- Dec 12, 2025
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Listed by Royal LePage Royal City Realty and Royal Lepage Royal City Realty Ltd., Brokerage
Data was last updated December 17, 2025 at 01:50 AM (UTC)
Area Statistics
- Listings on market:
- 26
- Avg list price:
- $572,450
- Min list price:
- $279,900
- Max list price:
- $895,000
- Avg days on market:
- 59
- Min days on market:
- 4
- Max days on market:
- 328
- Avg price per sq.ft.:
- $461.91
These statistics are generated based on the current listing's property type
and located in
114 - Uptown Waterloo/North Ward. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Brian Santos
- Broker
- 519-404-9967
- Contact by Email
Quick Links
Contact Me
Cell: 519-404-9967
brian@grandlivingwr.com
RE/MAX Twin City Realty Inc.
83 Erb St W Waterloo, ON N2L 6C2