Maximum 4 project can be compared at one go.
$2,400,000
Status:
$164,400 Gross Effective Annual Income Available Here! Invest in a Rare and Profitable Fourplex Near All of Waterloo's Post-secondary institutions. This is your chance to own a purpose-built, fourplex apartment building in a prime location. It's just steps away from Wilfrid Laurier University and Uptown Waterloo and a short walk to Conestoga College and University of Waterloo. You'll never have trouble finding tenants for these spacious and modern units. Each one features five bedrooms, two full bathrooms, and a large open concept kitchen-living room as well as in-suite laundry. Note handicap access, controlled entry and individual electrical and gas meters. Each unit has its own high efficiency furnace and air conditioner for optimal comfort. This is a quality-built, turn-key rental operation that is exempt from rental licensing. Don't miss this rare opportunity to invest in a market with very few purpose-built buildings available.
| Property Type | :Residential |
|---|---|
| MLS Number | :X7240662 |
| Listing Type | :Sale |
| Property Age | :6-15 Years |
| Possession Date | : |
| Last Updated | :02 Jan, 2024 (350 Days ago) |
| Source | :TRREB |
| Area | :Waterloo |
|---|---|
| Postal Code | :
N2J 2P7
|
| Price | : $2,400,000 |
|---|---|
| Property Taxes | :$17376.25 |
| Tax Year | :2023 |
|---|
| Bedrooms | :9 + 9 |
|---|---|
| No. of Rooms | :27 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Elgin St/King St N |
| Bathrooms | :8 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :3500-5000 sqft |
| Fireplace/Stove | :No |
| Virtual Tour | :Virtual Tour (External Link) |
| Kitchen | :4.03 m x 3.24 m |
|---|
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :6 |
| Basement | :Finished |
| Garage | :None |
|---|---|
| Park | :Park |
| Library | :Library |
