Nothing 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. Investor work sheet with full financials available - to show how this property can get working for you!
Property Type:
Residential Income
Property SubType:
Duplex Up/Down
Year built:
1911
(Age: 113)
Listing General Location:
417 - Beechwood/University, 4 - Waterloo West
Bedrooms:
10
Bathrooms:
4.0
(Full:-/Half:-)
Lot Details:
145.03 x 46.06
Lot Depth:
145'44.2 m
Lot Frontage:
46'1"14 m
Frontage Type:
North
Kitchens:
0
County Or Parish:
Waterloo
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Brick, Vinyl Siding
Basement:
Walk-Up Access, Full, Finished
Foundation:
Stone
UFFI:
No
Roof:
Asphalt Shing
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
2,004 sq. ft.186 m2
Finished Area Above Grade:
2,004 sq. ft.186 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Water Meter:
Yes
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Baseboard, Electric
None,4 Fridges, 2 Stoves, 2 Washers, 2 Dryers
Dryer, Refrigerator, Stove, Washer
Tenants' Possessions
Accessory Apartment, Separate Hydro Meters
false
No
BETWEEN ALBERT AND KING STREET, THIRTY SECOND WALK TO WLU
No
Survey Year:
1998
HST Applicable To Sale Price:
No
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Insurance Expense:
$2,335
Snow Garbage Expense:
$3,000
Utilities Expense:
8400
Net Income:
$47,915
Other Income:
$1,800
Lease to Own Equipment:
None
Leases:
Yes
Zoning:
RMU-20
Total Acres:
6856
Fencing:
Fence - Partial
Lot Site Features:
Irregular Lot, Library, Place of Worship, Public Parking, Schools
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Data was last updated November 22, 2024 at 11:50 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,099,950
Min list price:
$800,000
Max list price:
$3,999,000
Avg days on market:
69
Min days on market:
11
Max days on market:
107
Avg price per sq.ft.:
$497.84
These statistics are generated based on the current listing's property type
and located in
4 - Waterloo West. Average values are
derived using median calculations.