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.
For sale
C$699,999
396 Hazel St, Waterloo, ON N2L 3P6
7beds
1,200sqft
Single Family Residence, Residential
Built in ----
6,458 Square Feet Lot
$-- Zestimate®
C$583/sqft
C$-- HOA
What's special
Spacious bedroomsMultiple bathroomsGenerous common areasFunctional layout
- 1 day |
- 20 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: 10 hours ago
Listed by:
Nishant Nishant, Salesperson,
PEAK REALTY LTD.,
Ina Maican, Salesperson,
PEAK REALTY LTD.
Source: ITSO,MLS®#: 40816052Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 3
Bedroom
- Features: 4-Piece
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Bathroom
- Features: 3-Piece
- Level: Basement
Other
- Features: 5+ Piece
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Water Heater Owned, Dryer, Refrigerator, Stove, Washer
- Laundry: Lower Level, Main Level
Features
- In-Law Floorplan
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,300
- Total interior livable area: 1,200 sqft
- Finished area above ground: 1,200
- Finished area below ground: 1,100
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Private Drive Single Wide
- Uncovered spaces: 4
Accessibility
- Accessibility features: Accessible Kitchen, Parking
Features
- Frontage type: East
- Frontage length: 52.00
Lot
- Size: 6,458 Square Feet
- Dimensions: 52 x 123.91
- Features: Urban, Public Transit, Schools
Details
- Parcel number: 222770006
- Zoning: GR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow Raised
- Property subtype: Single Family Residence, Residential
Materials
- Aluminum Siding, Brick
- Foundation: Poured Concrete
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: C$583/sqft
- Annual tax amount: C$8,480
- Date on market: 3/30/2026
- Inclusions: Dryer, Refrigerator, Stove, Washer
- Exclusions: All Tenant Belongings
Nishant Nishant, Salesperson
Nishant Nishant, Salesperson
(519) 747-0231
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Listed for sale | C$699,999C$583/sqft |
Source: ITSO #40816052 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: N2L
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Waterloo Topics
