Message Number442189
statusActive
Subject LineWaterloo - Student Duplex - $999,900 - $71,600+ Gross Annual Income, One Block from WLU and 20,000 students. Multi-Year Leases Generous Cap Rate of 5.77%
Business area
Canada
Ontario
Southwestern Ontario
Waterloo
Location, CityWaterloo
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Date of ListingOctober 1 2026
Type DescriptionStudent Investment Real Estate
LocationWaterloo
Price$999,900.00
Gross Income71640
Cap Rate5.77
CommentsRare Opportunity to Acquire a Fully Stabilized, Rental Licensed 3+3 Bedroom Property in One of Waterloo's Most Proven Rental Locations. This turnkey income-producing asset offering the combination investors are actively seeking: strong cash flow, excellent tenant quality, and long-term income certainty. The property is fully leased under a multi-year agreement through to at least April 30, 2027, generating $5,970 per month plus utilities ($71,640 annually), providing immediate cash flow with virtually no leasing risk.
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ControlMLS
NameMike Milovick
View my Other Listings, Haves and Wants:CLICK HERE!
TitleBroker
Company NameRoyal LePage Wolle Realty Brokerage
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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