Message Number430326
statusActive
Subject LineKWC - Waterloo - 10 Student Duplex - $1,200,000 - Best Student Street in Canada! Steps to WLU! Nice Upswing Available on Rents!
Business area
Canada
Ontario
Southwestern Ontario
Waterloo
Location, City22 Ezra Avenue, Waterloo
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Date of ListingNovember 13 2024
Type DescriptionStudent Real Estate
Location22 Ezra Avenue, Waterloo
Price$1,200,000.00
ZoningRMU-20
Gross Income70800
Expenses23485
CommentsNothing is better than Ezra! This duplexed home is located seconds to WLU and a quick walk to Uptown. Located on a street with properties that are predominantly owned by Wilfrid Laurier University, this is a rare opportunity for the private sector investor! This building comes fully rented until at least the end of April, 2025 for large $$$ with still some lift on revenue on re-rental!. With nearly $70,000 Gross Income Available here, this opportunity comes with positive cash flow with 35% down. Spacious duplex with large, purpose built addition! Almost like two houses for price of one. Interlocking brick backyard generates $150 a month in parking income. Note large storage shed. Large common areas. Hardwood flooring in main unit. Newer bedroom doors. Two bathrooms per unit with in suite laundry. This is the ideal opportunity for investor that seeks security in a AAA location. Zoning may also provide future development opportunity when combined with adjacent properties. Let's set up a showing ASAP!
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Client DetailsActive Investor
Broker's RecommendationBest Student Street In Canada
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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