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Basara.

Waterloo · Beechwood/University · Detached · MLS# 40816052

396 HAZEL Street

$699,999

7

bed

2

bath

2,300

sqft

Detached · $304/sqft

Ask an agent about this property

Listed March 30, 2026

About this home.

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. (id:59491)

The full record.

Property typeDetached
Square footage2,300 sqft
Lot size0
Bedrooms7
Bathrooms2
HeatingForced air
CoolingCentral air conditioning
ListedMarch 30, 2026

How this listing prices against Beechwood/University.

12

Sales

$565,500

Median price

29

Days on market

95.6%

% of list

105

Active listings

N/A

Months supply

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($140,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$3,206

Principal$559,999
Total interest$401,666
Total paid$961,665

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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396 HAZEL Street, Waterloo — $699,999