Message Number

393879

status

Active

Subject Line

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

Canada

Ontario

Southwestern Ontario

Waterloo

Location, City

Waterloo

Have/Want

Have

Business category

Apartment buildings/multi unit/condo townhouse projects/investments

Date of Listing

November 12 2020

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

Virtual Tour Here

Investor Work Sheet Here

More Investment Properties Here

Property Management Here

Member Identifier

201

Control

MLS

Name

Mike Milovick

Title