396 HAZEL Street
Waterloo, Ontario
7 bed • 2 bath • Multi-family
FULLY RENOVATED. LEGAL DUPLEX (MAIN LEVEL 3 BED, 1 BATH) + (4BED, 1 BATH BASEMENT)! Welcome to 396 Hazel Street, A fantastic investment opportunity in Waterloo’s sought-after student rental area. This city-licensed student rental offers a legal duplex setup and a functional layout designed for strong rental appeal. Featuring spacious bedrooms, multiple bathrooms, and generous common areas, the property is well suited to student living. Ideally located with convenient access to Wilfrid Laurier University and the University of Waterloo, this home offers excellent potential for consistent rental demand. The property also presents an opportunity for buyers to renovate and enhance its value. Convenient public transit is just steps away, with the nearest street-level transit stop approximately a 1-minute walk from the home. Parks and recreation facilities are also nearby, with three parks and seven recreation facilities within a 20-minute walk. A great opportunity for investors or parents seeking a practical university housing option.
Price History
Schools
Secondary
- Waterloo Collegiate Institute0.4 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School0.4 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute2.8 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- Winston Churchill Public School0.4 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- MacGregor Public School1.5 km
Public · Waterloo Region DSB · 510 students
- Cedarbrae Public School1.5 km
Public · Waterloo Region DSB · 240 students
Grade 3 reading: 21% met the provincial standard · Grade 6 math: 14% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,033
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,033 recorded sales of multi-family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$129,800
Estimated Monthly Payment
$3,188
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,188/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $162/mo
Estimates only. Consult a financial advisor.
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