Excellent investment opportunity in the heart of Waterloo! This beautifully updated, licensed rental property offers a turnkey opportunity in one of the city's most sought-after student rental locations. Featuring recent renovations throughout, the home provides modern finishes, spacious living areas, and low-maintenance ownership.The seller is currently completing the conversion of the lower level into a legal 3-bedroom secondary suite, creating even greater rental potential and maximizing future income opportunities.Ideally located just minutes from the University of Waterloo, Wilfrid Laurier University, Conestoga College, public transit, shopping, restaurants, and everyday amenities, this property is perfectly suited for students and investors alike. Whether you're expanding your portfolio or looking for a high-demand income property, this is an exceptional opportunity in a prime Waterloo location.