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396 Hazel Street
417 - Beechwood/University Waterloo N2L 3P6

$699,999
Residential beds: 7 baths: 2.0 2,300 sq. ft.

Aerial perspective of suburban area
Photo 1: 396 Hazel Street in Waterloo: 417 - Beechwood/University Single Family Residence for sale (4 - Waterloo West) : MLS®# 40816052
Photo 2: 396 Hazel Street in Waterloo: 417 - Beechwood/University Single Family Residence for sale (4 - Waterloo West) : MLS®# 40816052
Photo 3: 396 Hazel Street in Waterloo: 417 - Beechwood/University Single Family Residence for sale (4 - Waterloo West) : MLS®# 40816052
Photo 4: 396 Hazel Street in Waterloo: 417 - Beechwood/University Single Family Residence for sale (4 - Waterloo West) : MLS®# 40816052
Photo 5: 396 Hazel Street in Waterloo: 417 - Beechwood/University Single Family Residence for sale (4 - Waterloo West) : MLS®# 40816052
Status:
Active
Prop. Type:
Residential
MLS® Num:
40816052
Bedrooms:
7
Bathrooms:
2
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.
Property Type:
Residential
Property SubType:
Single Family Residence
Listing General Location:
417 - Beechwood/University, 4 - Waterloo West
Bedrooms:
7
Bathrooms:
2.0 (Full:2/Half:0)
Lot Details:
52 x 123.91
Lot Depth:
123'11"
Lot Frontage:
52'
Frontage Type:
East
Kitchens:
1
Home Style:
Bungalow Raised
County Or Parish:
Waterloo
Taxes:
Property Attached:
Detached
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Aluminum Siding, Brick
Basement:
Full, Finished
Linked Foundation:
Yes
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Number of Buildings:
0
Total Floor Area:
2,300 sq. ft.
# Main Level Bedrooms:
3
# Main Level Bathrooms:
1
Finished Area Above Grade:
1,200 sq. ft.
Finished Area Below Grade:
1,100 sq. ft.
Fireplace:
false
Laundry Features:
Lower Level, Main Level
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Forced Air
Dryer,Refrigerator,Stove,Washer
Water Heater Owned, Dryer, Refrigerator, Stove, Washer
All Tenant Belongings
In-Law Floorplan
false
No
Columbia and Hazel Street
No
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Basement
Basement
Basement
Basement
Floor
Ensuite
Pieces
Other
Basement
HST Applicable To Sale Price:
No
Association Fee:
Association Fee Frequency:
Association Fee 2:
Association Fee 2 Frequency:
Administrative Fee:
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Road Access Fee:
Condo Corporation:
No
Zoning:
GR
Accessibility:
Accessible Kitchen, Parking
Total Acres:
6458
Lot Site Features:
Urban, Public Transit, Schools
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Parking:
Asphalt
# Of Total Parking Spaces:
4.0
# Of Open Parking Spaces:
4.0
Driveway Parking:
Private Drive Single Wide
Road Frontage Type:
Municipal Road
Total Units:
Listed Date:
Mar 30, 2026
  • Photo 1: 396 Hazel Street in Waterloo: 417 - Beechwood/University Single Family Residence for sale (4 - Waterloo West) : MLS®# 40816052
    Aerial perspective of suburban area
  • Photo 2: 396 Hazel Street in Waterloo: 417 - Beechwood/University Single Family Residence for sale (4 - Waterloo West) : MLS®# 40816052
    Aerial view of property and surrounding area featuring property boundaries highlighted
  • Photo 3: 396 Hazel Street in Waterloo: 417 - Beechwood/University Single Family Residence for sale (4 - Waterloo West) : MLS®# 40816052
    Bird's eye view
  • Photo 4: 396 Hazel Street in Waterloo: 417 - Beechwood/University Single Family Residence for sale (4 - Waterloo West) : MLS®# 40816052
    Bird's eye view
  • Photo 5: 396 Hazel Street in Waterloo: 417 - Beechwood/University Single Family Residence for sale (4 - Waterloo West) : MLS®# 40816052
    View of front of home featuring stone siding, a garage, and a chimney
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Listed by PEAK REALTY LTD.
Data was last updated April 2, 2026 at 05:50 PM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$499,000
Min list price:
$315,000
Max list price:
$1,299,000
Avg days on market:
31
Min days on market:
1
Max days on market:
162
Avg price per sq.ft.:
$422.48
These statistics are generated based on the current listing's property type and located in 417 - Beechwood/University. Average values are derived using median calculations. This data is not produced by the MLS® system.
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MELANIE & WARREN MCNEIL
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