Message Number392607
statusActive
Subject LineKWC - Waterloo � Student Fourplex - $2,100,000 - $126,000+ Annualized Gross! Separate electric, gas and water meters, Positive cash flow with 20% Down
Business area
Canada
Ontario
Southwestern Ontario
Waterloo
Location, CityWaterloo
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Date of ListingSeptember 27 2020
Type DescriptionStudent Investment Real Estate
LocationOne Block from WLU
Price$2,100,000.00
ZoningRMU-20
Gross Income126000
Expenses44292
Net Income80232
Comments$126,000+ Scheduled Gross Income Available Here! This apartment building features spacious units with oversized bedrooms, massive common areas. Two bathrooms per unit. Very clean. Individual meters for water, electricity and gas. Front Roof done in 2015. Back roof done in 2004. In floor heating in the lower levels of Units A and D. Great central location with close proximity to Uptown and walking distance to both Universities. RMU-20 zoning may allow for further, future re-development. Original building expanded and significantly renovated in 2004. Rental-licensed exempt building! Written leases in place to end of April, 2021. Positive cash flow with just 20 percent down. Investor work sheet with full financials applied to contemporary financing available! Optimize the building�s financial statement to unlock tremendous, additional value: increase rents significantly on re-rental while offloading utility costs to new tenants. 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

Investor Work Sheet Here



More Investment Properties Here



Property Management Here


Member Identifier201
ControlMLS
NameMike Milovick
TitleBroker
Company NameRoyal LePage Grand Valley Realty Brokerage
Address Line OneUnit 15C, 370 Highland Road West
CityKitchener
State/ProvinceOntario
Zip/Postal CodeN2M 5J9
CountryCanada
Business Phone Number(519)745-7000
Cell Number519745-7000
Home Number519745-7000
FAX Number(519) 745-8460
Email AddressSend Email
Home PageHome Page

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