| Message Number | 395807 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| status | Active | ||||||||
| Subject Line | SOLD! KWC - Waterloo �� Reduced! Student Triplex - $999,900 - $85,000+ Annualized Gross! Separate electric meters, 5.39% cap! Positive cash flow with 20% Down | ||||||||
| Business area |
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| Location, City | Waterloo | ||||||||
| Have/Want | Have | ||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
| Date of Listing | February 8 2021 | ||||||||
| Type Description | Student Investment Real Estate | ||||||||
| Location | Waterloo | ||||||||
| Price | $999,900.00 | ||||||||
| Cap Rate | 5.39% | ||||||||
| Comments | Over $85,000+ Potential Gross Income Available Here! Positive cash flow opportunity with just 20% down with a projected 5 percent cap rate. Well-maintained, City approved, rental-licensed property featuring three D2 rental licenses (two five bedrooms and one four bedroom). Fully rented to end of April, 2021. Lots of upswing in value and additional increased income is still available for the next operator! All bathrooms modernized. Newer maple kitchen cabinetry, contemporary countertops and ceramic flooring in all three kitchens. Key pad access to each unit. Coin operated washer and dryer. Thermal pane windows. Four parking spots. Close to all of Waterloo's amenities and walking distance to both University of Waterloo, Wilfrid Laurier University and Conestoga College's Waterloo campus. When you click on the Investor Work Sheet link below, you will get a message asking you to "Open This in a New Window" Click on "Open This in a New Window". | ||||||||
| Internet Links |
More Investment Properties Here | ||||||||
| Member Identifier | 201 | ||||||||
| Control | MLS | ||||||||
| Name | Mike Milovick | ||||||||
| Title | Broker | ||||||||
| Company Name | Royal LePage Grand Valley Realty Brokerage | ||||||||
| Address Line One | Unit 15C, 370 Highland Road West | ||||||||
| City | Kitchener | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | N2M 5J9 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (519)745-7000 | ||||||||
| Cell Number | 519745-7000 | ||||||||
| Home Number | 519745-7000 | ||||||||
| FAX Number | (519) 745-8460 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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