297 Toll Gate Boulevard, Waterloo, ON N2L 4M5

Welcome to this newly renovated (2025) legal duplex in the desirable lakeshore neighbour hood, totalling $150,000+ spent, perfect formultigeneration families and investors. The house was gutted to the studs (except upper bedrooms) in 2025, with brand new electrical, plumbing, framing, drywall, new separate electric panel, windows, sliding back door, deck, gutter, appliances, water heater, water purifier, sumppump, foundation water proofing and more! Lower unit (two bedrooms one bath) has walkin access from the garage, and the second walk upentrance (2025) to the yard, with enlarged looking out windows. Treed private yard is waiting for your personal touch. All equipment owned norental. Plumbing and electrical ready to place a dishwasher to upper kitchen island. Basement brings in 1650 Plus Utilities monthly (2025) while Main level brings in 2600 inclusive of Utilities montly in 2025. Live in one of the unit and rent the other as mortgage helper, or rent both and enjoy positivecashflow and easy maintenance. This duplex is conveniently located within walking distance to University of Waterloo, and along bus route toboth universities, shopping and other amenities.

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, hydro transmission 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.