$849,000

Investment For Sale In Waterloo, Quebec

$849,000

Property Information:

Magnificent income property located in downtown Waterloo, close to all services and amenities. Comprised of 2 commercial premises and 8 residential 3 1/2 units. Annual income of $53,832. Good income optimization potential. The building has been meticulously maintained over the years and was partially renovated in 2015-2016. The taxable portion of the sale will be 22%.

Building Features:

  • Basement: Crawl space
  • Driveway: Unpaved
  • Foundation: Poured concrete
  • Parking: Driveway
  • Proximity: Daycare centre, Park, Bicycle path, Elementary school, High school
  • Roofing: Asphalt shingles
  • Siding: Brick, Vinyl
  • Size: 42.0 x 48.0 Feet
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $39,564
  • Commercial: $17,268

Taxes:

  • Municipal Tax: $13,239
  • School Tax: $432
  • Annual Tax Amount: $13,671

Property Assessment:

  • Lot Assessment: $71,900
  • Building Assessment: $425,000
  • Total Assessment: $496,900

Property Features:

  • Built in: 1930
  • Lot Depth: 26.09 Metre
  • Lot Frontage: 17.59 Metre
  • Lot Size: 556.40 Square Metres
  • Zoning: COMM, RESI
  • No. of Parking Spaces: 8

Revenue Units:

Courtesy of: Royal LePage Au Sommet

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
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.

Sold without legal warranty of quality, at the buyer's own risk.

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