133 Margaret Avenue S, Waterloo ON N2J 2E2

Description

Welcome to 133 Margaret Avenue South, a beautifully updated 2-bedroom, 2-bathroom home nestled in one of Waterloo’s most convenient and desirable neighborhoods. Perfect for first-time buyers, hobbyists, or anyone seeking a live-work opportunity, this property features a massive 35’ x 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.