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70-72 Waterloo Avenue, Guelph MLS Number: 40593493
Guelph South, Guelph, Wellington, ON, N1H 3H5- Brochure
- Favourite
$3,279,000
Status: For Sale
- 20+ Beds
- 8 Baths
- Area : 7187 sqft
- Property Type: Residential Income (Multi-4 Unit)
- Property Taxes : $12118 (Tax Year:2023)
- Listing Courtesy : Keller Williams Innovation Realty
70-72 Waterloo Avenue Property Description
$216,720 Gross Income & $39,000 income growth expected on tenant turnover! Extraordinary investment opportunity in the heart of Guelph! This income property guarantees unmatched returns and boasts a rare 4-plex featuring a total of 20 bedrooms and 8 bathrooms. With written leases in place, the property not only generates incredible income but also presents further upside potential through tenant turnover and valuation. Situated in close proximity to Guelph's vibrant downtown, transit options, and the prestigious University of Guelph, this property is a prime choice for students seeking spacious and comfortable living accommodations. The location offers easy access to amenities, making it an ideal spot for tenants. The property's charm is complemented by its recent renovations in 2020 - including expansive kitchens, updated electrical systems, lighting, new furnaces, painting, flooring, interior doors, insulation in basement, landscaping and walkways. Enjoy modern comforts with the addition of central air units, while the 2021 upgrades to exterior doors and windows enhance energy efficiency and security. Each unit offers generously sized rooms, providing tenants with ample living space. Separate Hydro & Gas meters for all 4 units. The communal barbeque area and parking facilities further enhance the appeal of this investment property. With a waiting list of eager tenants, the demand for this property is undeniable. This property will provide unbeatable returns for many years to come. Ask us today for the full proforma and see for yourself the valuation potential with tenant turnover ! Don't miss out on this unique opportunity.
70-72 Waterloo Avenue Property Facts
| Property Type | :Residential Income |
| MLS Number | :40593493 |
| Listing Type | :Sale |
| Property Age | :100+ Years years |
| Possession Date | : |
| Last Updated | :29 May, 2024 (113 Days ago) |
| Source | :Waterloo Region |
| Area | :Wellington |
| Community | : Guelph South |
| City | :Guelph |
| Area Major | :City of Guelph |
| Area Minor | :1 - Downtown |
| Postal Code | : N1H 3H5 |
| Directions | :GPS |
70-72 Waterloo Avenue Property Price & Tax Insights
| Price | : $3,279,000 |
| Property Taxes | :$12118 |
| Tax Year | :2023 |
Property Details for 70-72 Waterloo Avenue, Wellington, ON
| Bedrooms | :20 + |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Glasgow Street/Waterloo Avenue |
| Bathrooms | :8 |
| Approx Square Footage | :7187 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
Exterior Information
| Parking Space | :7 |
| Basement | :Separate Entrance |
70-72 Waterloo Avenue, Wellington - Price History
29 May, 2024
TREB #40593493
Price Change
$3279000
- 0
- 400k
- 800k
- 1.2M
- 1.6M
- 2M+
- 0
- 6
- 12
- 18
- 24
- 30+
- 0
- 6
- 12
- 18
- 24
- 30+
70-72 Waterloo Avenue - Location Map and Landmarks
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FAQs: 70-72 Waterloo Avenue, Wellington
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Q:What is the Area Size of the 70-72 Waterloo Avenue In Sq.Ft and it's MLS No.?
A: The project covers an area of approximately 7187 sq. ft and is strategically located in Wellington. The MLS No of this project is 40593493 and the Project is located in ON, Canada -
Q: Does this Project 70-72 Waterloo Avenue available for Sale ?
A: The project 70-72 Waterloo Avenue is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further. -
Q: How far is this property from my workplace?
A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property. -
Q:What are the Key Features 70-72 Waterloo Avenue is Offering?
A:Square Yards is giving a Cashback of $16,395 if you buy this property from us, however there are several key features offered by the 70-72 Waterloo Avenue. You get 20+ Beds with 8 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony. -
Q:How many Parking Space available in this 70-72 Waterloo Avenue?
A: 70-72 Waterloo Avenue in Wellington offers a total of 7 parking spaces for residents. -
Q:How many Beds & Baths available in 70-72 Waterloo Avenue, Wellington?
A: 70-72 Waterloo Avenue, Wellington comes with 20+ Beds for maximum convenience and space. There are 8 baths available as well for when you have guests over or if you have a large family! -
Q:How many Apartments and Condos are available for Sale in Wellington, On?
A:Wellington, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
