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$789,999
Status: For Sale
Attention Investors !! Location..Location..Location. Currently Property offers an outstanding Investment Opportunity in a highly Desirable location in Waterloo. Buyer has both Options to either Rent it as it is or Demolish it and Build Brand New Dream House in Future as currently there are already Multimillion Dollars Houses been Built on the Street . Currently this Licensed 9-Bedroom Rooming house sits on a generous 40x119 lot, with all rooms currently Rented, Generating a Solid income of over $6000 per month. Current Tenants are Very Co-operative, always pays rent on time, and are willing to either stay or vacate as required by Buyer. Additional Income is Generated from parking and Laundry Services as well. The property's close Proximity to the Both Universities and Convenient access to Public Transit, combined with its peaceful location, make it an ideal choice for Students. The property is consistently in high demand among Renters and has been recently Painted.
| Property Type | :Residential |
|---|---|
| MLS Number | :X8408786 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :25 Oct, 2024 (27 Days ago) |
| Source | :TRREB |
| Area | :Waterloo |
|---|---|
| Postal Code | :
N2L 2W4
|
| Price | : $789,999 |
|---|---|
| Property Taxes | :$5077.29 |
| Tax Year | :2024 |
|---|
| Bedrooms | :5 + 4 |
|---|---|
| No. of Rooms | :8 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :University Ave & Erb St |
| Bathrooms | :2 |
|---|---|
| Fuel | :Gas |
| Living | :4.17 m x 3.51 m |
|---|---|
| Laundry | :3.61 m x 1.80 m |
| 2nd Br | :3.10 m x 2.97 m |
| 4th Br | :3.48 m x 2.19 m |
| Br | :3.63 m x 2.54 m |
| Br | :3.15 m x 3.05 m |
| Kitchen | :3.61 m x 1.80 m |
|---|---|
| Br | :3.53 m x 3.00 m |
| 3rd Br | :3.10 m x 2.87 m |
| 5th Br | :3.43 m x 2.72 m |
| Br | :2.92 m x 3.76 m |
| Br | :2.97 m x 3.15 m |
| Exterior Finish | :Alum Siding |
|---|---|
| Parking Space | :4 |
| Basement | :Finished |
| Garage | :None |
|---|---|
| Laundry Level | :Main |
25 Oct, 2024
TREB #X8408786
Property update
$789999.0
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