| Message Number | 442189 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| status | Active | ||||||||
| Subject Line | Waterloo - Student Duplex - $999,900 - $71,600+ Gross Annual Income, One Block from WLU and 20,000 students. Multi-Year Leases Generous Cap Rate of 5.77% | ||||||||
| Business area |
|
||||||||
| Location, City | Waterloo | ||||||||
| Have/Want | Have | ||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
| Date of Listing | October 1 2026 | ||||||||
| Type Description | Student Investment Real Estate | ||||||||
| Location | Waterloo | ||||||||
| Price | $999,900.00 | ||||||||
| Gross Income | 71640 | ||||||||
| Cap Rate | 5.77 | ||||||||
| Comments | Rare Opportunity to Acquire a Fully Stabilized, Rental Licensed 3+3 Bedroom Property in One of Waterloo's Most Proven Rental Locations. This turnkey income-producing asset offering the combination investors are actively seeking: strong cash flow, excellent tenant quality, and long-term income certainty. The property is fully leased under a multi-year agreement through to at least April 30, 2027, generating $5,970 per month plus utilities ($71,640 annually), providing immediate cash flow with virtually no leasing risk. | ||||||||
| Internet Links |
|
||||||||
| Control | MLS | ||||||||
| Name | Mike Milovick | ||||||||
| View my Other Listings, Haves and Wants: | CLICK HERE! | ||||||||
| Title | Broker | ||||||||
| Company Name | Royal LePage Wolle Realty Brokerage | ||||||||
| Address Line One | 7A, 180 Northfield Drive West | ||||||||
| City | Waterloo | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | N2H 0C7 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (519)747-2040 | ||||||||
| Cell Number | 519-747-2040 | ||||||||
| Home Number | 519-747-2040 | ||||||||
| FAX Number | 519-747-2081 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
For The Public, buyers and sellers.
For Real Estate Brokers and Salespeople
Global Real Estate Networking Provided By The ICIWorld Association of Real Estate Brokers and Salespeople. Established 1994. Mailing Address: 18 King St. E., Suite 1400, Toronto, Ontario M5C 1C4 Canada 416-777-2633. Orlando, Florida, USA 954-317-2327