Message Number393879
statusActive
Subject LineKWC - 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, CityWaterloo
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Date of ListingNovember 12 2020
Type DescriptionStudent Investment Real Estate
LocationWaterloo
Price$999,900.00
Cap Rate5.39%
CommentsOver $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



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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
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