536 Glen Forrest Boulevard
Waterloo, ON
- 8 bed
- 3 bath
- approx. 1100-1500 sqft
- Duplex
- 111 days on market
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.
Listing Details
- Taxes (2025)
- $6,316
- Listed
- May 25, 2026
Price History
Listing history
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Property
- Style
- 1 Storey/Apt
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Accessory Apartment, Primary Bedroom - Main Floor
- Lot Size
- 66.33 x 66.44 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Glen Forrest Blvd/Bearinger Rd
- Parcel Number
- 222690091
- Possession
- 60-89 days
- Occupancy
- Tenant
Included
- Inclusions
- Existing: 3 refrigerators, 3 Stoves, 1 clothes washer and 1 clothes dryer
Schools
Elementary
- Cedarbrae Public School0.2 km
Public · Waterloo Region DSB · 240 students
Grade 3 reading: 21% met the provincial standard · Grade 6 math: 14% met the provincial standard
- Sir Edgar Bauer Catholic Elementary School0.6 km
Catholic · Waterloo CDSB · 445 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 60% met the provincial standard
- N A MacEachern Public School0.8 km
Public · Waterloo Region DSB · 260 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 55% met the provincial standard
Secondary
- St David Catholic Secondary School1.9 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Waterloo Collegiate Institute2 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- Laurel Heights Secondary School3.7 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 87% 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
Residential Freehold in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,026
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,026 recorded sales of residential freehold properties in Waterloo over the last 12 months.
Rooms
5-piece on Main, 3-piece on Basement, 3-piece on Ground
Main
- Bathroom8'2" x 6'11"
- Bedroom 211' x 9'6"
- Bedroom 311'9" x 8'
- Bedroom 411'2" x 8'9"
- Kitchen11'7" x 15'4"
- Living Room11'2" x 11'2"
- Primary Bedroom11' x 12'
Ground
- Bathroom7'5" x 7'8"
- Kitchen21' x 9'10"
- Primary Bedroom13'3" x 8'2"
Basement
- Bathroom8'2" x 6'11"
- Bedroom 211'2" x 11'4"
- Bedroom 311'2" x 8'9"
- Kitchen11'2" x 15'7"
- Living Room11'4" x 11'4"
- Primary Bedroom11' x 12'
Listed by
iCloud Realty Ltd.
Walk Score
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Location
Street View
Mortgage Calculator
$175,000
Estimated Monthly Payment
$4,299
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,299/mo (20% down, 5.5%)
Taxes: $526/mo · Insurance: $219/mo
Estimates only. Consult a financial advisor.
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