Welcome to 133 Margaret Avenue South, a beautifully updated 2-bedroom, 2-bathroom home nestled in one of Waterloos most convenient and desirable neighborhoods. Perfect for first-time buyers, hobbyists, or anyone seeking a live-work opportunity, this property features a massive 35x 22 heated workshop ideal for mechanics, creatives, or those looking to convert the space into an additional dwelling unit. Inside, the home offers a bright and inviting layout with modern upgrades throughout, perfectly suited for small families, couples, or downsizers. The finished basement provides excellent potential for a third bedroom or home office, with a rear staircase offering the possibility of a separate entrance for multigenerational living or future rental income. Zoned SR2, this property opens the door to even more development possibilities, adding to its long-term value. Situated on a large private lot with ample parking and its own hydro meter for the shop, this home combines city convenience with unmatched versatility. Recent updates include a new roof (2023), on-demand hot water tank (owned, 2023), furnace (2023), and a full electrical inspection and upgrade (7.5 years ago). Don't miss this rare opportunity to own a turnkey home with serious potential in a fantastic Waterloo location. (40809225)
Property Type
Single Family
Annual Property Taxes
$4,233.13 (CAD)
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
32 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. REALTOR.ca Canada Inc. does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.