Message Number423246
statusActive
Subject LineKWC Waterloo - 40 Student, Purpose-Built apartment building boasting $313,0000 Annual Gross Income! AAA Location Steps to WLU. Opportunity to increase rents!
Business area
Canada
Ontario
Southwestern Ontario
Waterloo
Location, CityWaterloo
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Date of ListingFebruary 9 2024
Type DescriptionStudent Investment Real Estate
LocationWaterloo
Price$4,800,000.00
Comments$313,000+ Gross Income Available Here! Modern, Purpose Built Eightplex steps to WLU?s Science Building and Athletic Building! Throw a football and hit campus from here! Prime Prime Prime Location. Written leases. Exceptionally well-maintained, owner-managed rental operation. Separate electric and gas meters. Two full bathrooms per unit. In-suite laundry. Large common areas. All tenants on written lease. This is a Cash flow positive opportunity based on contemporary financing. Nothing to do here but collect good rents ? with a further opportunity to increase income even more on re-rental! This is ideal for the veteran rental housing service provider that takes great comfort in operating buildings that are in extreme proximity to campus. Owned / enjoyed by same investment group for last seven years. Now its your turn! Let's set up a private showing - today!
Internet Links

172 Regina Street North, Waterloo Brochure



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Member Identifier201
ControlMLS
NameMike Milovick
TitleBroker
Company NameRoyal LePage Wolle Realty
Address Line One7A, 180 Northfield Drive West
CityWaterloo
State/ProvinceOntario
Zip/Postal CodeN2H 0C7
CountryCanada
Business Phone Number(519)747-2040
Cell Number519-747-2040
Home Number519-747-2040
FAX Number519-747-2081
Email AddressSend Email
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