536 Glen Forrest Boulevard, Waterloo, ONN2L 4J2

Great Investment Opportunity With Strong Income Potential: LEGAL DUPLEX with A Double Garage recently converted into A THIRD ONE-BEDROOM UNIT with a potential monthly rent of $950. This property is located in the well established Lakeshore Village community. Its central location in Waterloo make it a popular choice for convenient commuting and quick access to the expressway. You can get vacant possession of the 4-bedroom mainfloor unit. Set your own rent for the Garage. Basement is currently rented but tenant is open to staying or leaving. The upper unit(main) offers a shared front, main entrance and a private rear entrance. The unit features a generous kitchen with a large island and plenty of counter and cupboard space. Large bathroom includes a vanity with double sinks. The unit also boasts spacious and bright bedrooms. The 3-bedroom basement unit also boasts two entrances; a main entrance in the front and a private unit entrance in the rear of the building. Conveniently located near the schools; For grades JK-6; N. A. MacEachern, Winston Churchill, and Cedarbrae are available. Sir. Edgar Bauer is available for students in JK-8.

• About 216 m from a hydro transmission corridor

  Check title for a hydro right-of-way or easement; provincial line mapping is approximate.

  Source: Ontario GeoHub — Utility Line (hydro transmission) · as of Sep 2026

Also checked, nothing flagged at this location: conservation-regulated areas, provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors.

Not openly mapped for this area (ask the local conservation authority): flood hazard mapping.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.