$2,260,000

Investment For Sale In Columbia, Waterloo, Ontario

$2,260,000

Property Information:

An exceptional opportunity to own a turnkey student rental property with a definite opportunity to increase rent as the tenants turnover, ideally situated within close proximity to two universities. This well-maintained building comprises four self-contained units across 20 bedrooms, purpose-built to meet the demands of the student rental market. Exceptionally well built and maintained, as soon as you view the building in person you can see how well this building was built. Each unit offers 5 generously proportioned bedrooms, expansive common areas, and two full bathrooms, providing the comfort and functionality today's student tenants expect. Every unit operates independently with its own furnace, central air conditioning, hot water heater, and in-suite laundry. Tenants pay their own hydro. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Type: None
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 5200 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 20
  • Bathrooms: 8
  • Amenities Nearby: Public Transit, Schools
  • Floor Space (approx): 5200 Square Feet
  • Lot Depth: 124 Feet
  • Lot Frontage: 50 Feet
  • Zoning: RMU-20
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX Real Estate Centre Inc.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.