FULLY RENOVATED. LEGAL DUPLEX (MAIN LEVEL 3 BED, 1 BATH) + (4BED, 1 BATH BASEMENT)! Welcome to 396 Hazel Street, A fantastic investment opportunity in Waterloo’s sought-after student rental area. This city-licensed student rental offers a legal duplex setup and a functional layout designed for strong rental appeal. Featuring spacious bedrooms, multiple bathrooms, and generous common areas, the property is well suited to student living. Ideally located with convenient access to Wilfrid Laurier University and the University of Waterloo, this home offers excellent potential for consistent rental demand. The property also presents an opportunity for buyers to renovate and enhance its value. Convenient public transit is just steps away, with the nearest street-level transit stop approximately a 1-minute walk from the home. Parks and recreation facilities are also nearby, with three parks and seven recreation facilities within a 20-minute walk. A great opportunity for investors or parents seeking a practical university housing option.