Detached House for sale at 56 Dover Street, Waterloo, Ontario, N2J 1Z1 - MLS: X12286892

new
for sale
for lease
sold
leased
terminated
expired
suspended

56 Dover Street

Waterloo, Ontario, N2J 1Z1 -

$799,000

Virtual Tour

Neighbourhood
Major Intersection

Erb St E

Listed Since: 23 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Detached, Bungalow
Bedrooms

3 + 2
Bathrooms

3
Basement

Full + Finished
Kitchen

1 + 1
Total Parking

5 (1 Detached Garage)
Lot Size

51x125 (Feet)
Taxes

$4,021.00 (2024)
Type

Freehold

Property Description

Property description for 56 Dover Street, Waterloo

Smart Investment Opportunity in Waterloo! This turn-key, duplexed bungalow is a dream for investors or savvy end-users looking to offset their mortgage with rental income. Fully renovated and featuring a legal 2-bedroom basement apartment, this property offers parking for up to 5 vehicles - a rare find in such a prime location. Just minutes from Wilfrid Laurier University and the University of Waterloo, its ideally positioned to attract consistent, high-quality tenants year after year. Extensive updates mean peace of mind for years to come, including new electrical, plumbing, furnace, AC, and roof. The main level showcases luxury vinyl plank flooring throughout, with a sunlit living and dining area, recessed lighting, and a stylish kitchen with quartz counters and brand new stainless steel appliances. Three generously sized bedrooms and two full baths - including a private ensuite - complete the upper unit. Downstairs, the bright and well-finished lower apartment features the same quality flooring, its own laundry, and a practical layout for students or professionals. A fenced backyard offers green space for kids, pets, or summer entertaining. Whether you're looking to add to your portfolio or live upstairs while generating income below, this property checks all the boxes. Invest with confidence - this one is ready to go.

Listed by Royal LePage Royal City Realty

Property details

MLS #

X12286892
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

Detached, 1 spaces
Total Parking

5
Family Room

Y
Den

Y
Exterior

Alum Siding
Fireplace

N
Roof

Asphalt Shingle, Fibreglass Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12286892
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

Detached, 1 spaces
Total Parking

5
Family Room

Y
Den

Y
Exterior

Alum Siding
Fireplace

N
Roof

Asphalt Shingle, Fibreglass Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Bathroom

3.12 x 1.66 ft Main level

3 Pc Ensuite
Bathroom

1.51 x 2.24 ft Main level

4 Pc Bath
Br

3.22 x 3.35 ft Main level
Br

3.19 x 3.81 ft Main level
Dining

3.11 x 1.77 ft Main level
Kitchen

4.25 x 3.99 ft Main level
Living

4.34 x 4.65 ft Main level
Primary

3.1 x 3.48 ft Main level
Bathroom

1.51 x 2.67 ft Bsmt level
Br

3.02 x 3.31 ft Bsmt level
Br

4.29 x 2.51 ft Bsmt level
Kitchen

3.7 x 4.31 ft Bsmt level
Rec

4.26 x 4.74 ft Bsmt level
Utility

1.86 x 2.28 ft Bsmt level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 56 Dover Street, Waterloo

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Schools

Create your free account to explore schools near 56 Dover Street, Waterloo.

Neighbourhood Amenities & Points of Interest

Find amenities near 56 Dover Street, Waterloo

There are no amenities available for this property at the moment.

Local Real Estate Price Trends for Detached in Waterloo

Active listings

170

Average Selling Price of a Detached

July 2025

$940,105

Last 3 Months

$984,676

Last 12 Months

$969,329

July 2024

$1,100,262

Last 3 Months LY

$1,069,614

Last 12 Months LY

$1,015,400

Change

-15%

Change

-8%

Change

-5%

Historical Average Selling Price of a Detached in

Average Selling Price

3 years ago

$1,058,627

Average Selling Price

5 years ago

$730,507

Average Selling Price

10 years ago

$443,621

Change

-11%

Change

29%

Change

112%

Number of Detached Sold

July 2025

Last 3 Months

Last 12 Months

July 2024

Last 3 Months LY

Last 12 Months LY

Change

43%

Change

36%

Change

19%

How many days Detached takes to sell (DOM)

July 2025

Last 3 Months

Last 12 Months

July 2024

Last 3 Months LY

Last 12 Months LY

Change

61%

Change

67%

Change

35%

Average Selling price

Inventory Graph

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month
Principal Amount	Interest
Total Payable	Amortization

Property Price

Amortization

Rate of Interest

Down Payment ($)

Down Payment (%)

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.