$1,399,000

Investment For Sale In Central, Waterloo, Ontario

$1,399,000

Property Information:

PREMIUM UPTOWN WATERLOO! This John Street West, located triplex with an additional basement helper, is ideal for owner-occupied use, investment or multi-generational family living opportunity! Location is everything in real estate, and here we are located perfectly between Belmont Village and Uptown Square. This property offers occupants easy accessibility to all amenities, including the LRT transit, local eateries and boutique shopping, all of which are just a short walk away. Featuring: Dedicated garage and driveway space for each unit (3 garages); Separate hydro meters and separate water meters. Each townhouse-style unit is large and spacious, and as an investor, you'll never experience vacancy here - location, finishes and offerings have attracted long-term AAA tenants! Two units are currently vacant and ready for rent or occupancy! Projected Gross Rent Income at $93,960/year, giving investors an attractive 5.8% gross cap rate in an ultra-desirable location. Contact the listing agent for further details or to book a viewing.

Inclusions: Garage Door Opener,Window Coverings,4 Fridges , 4 Stoves All In As Is Condition

Exclusions : All Tenant Belongings

Building Features:

  • Floor Space: 4220 Square Feet

Property Features:

  • Bedrooms: 9
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished, Sump Pump
  • Built in: 1920
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Private Drive Triple+ Wide
  • Floor Space (approx): 4220 Square Feet
  • Heating: Natural Gas, Radiator
  • Interior Features: Separate Hydro Meters, Other
  • Laundry Features: In-Suite
  • Lot Depth: 114 Feet
  • Lot Features: Highway Access, Hospital, Library, Major Anchor, Park, Playground Nearby, Quiet Area, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 40.00 Feet
  • Parking Features: Attached Garage, Garage Door Opener
  • Roof: Metal
  • Water Source: Municipal
  • Window Features: Window Coverings
  • Zoning: R4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX SOLID GOLD REALTY (II) LTD.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved