$549,900

Condo For Sale In Columbia, Waterloo, Ontario

$549,900
  • 5

    Bedrooms

  • 2

    Baths

  • $696.70

    Maintenance Fees

Property Information:

Prime Investment Opportunity – Fully Furnished 5-Bedroom Unit Near Universities. Monthly Rental Income: $4,300 | Low Condo Fees | Covered Parking Included This turn-key 5-bedroom, 2-bathroom condo offers an exceptional investment opportunity in a highly sought-after building, steps from University of Waterloo and Wilfrid Laurier University. Designed to maximize rental income, this unit comes fully furnished with zero property management fees, ensuring hassle-free cash flow from day one.Key Features include: Spacious Living Area: Open-concept living, dining, and kitchen, fully furnished with modern finishes. Five Bedrooms: Each bedroom features large windows and under-bed storage, dresser drawers, providing functional and comfortable living spaces for tenants. Secure Building: 24-hour security and a well-managed building ensure a safe environment and high tenant retention. Prime Location: Walk to campus, shopping, restaurants, and other local amenities. Parking: Rarely available in this building, included with the unit. Included Furnishings & Appliances: Refrigerator, stove, dishwasher, microwave, hood fan, beds with mattresses, desks with chairs, under-bed storage cabinets, dining table with chairs, couch, chairs, coffee table, window coverings, and lighting fixtures. Perfect for investors seeking a reliable, high-demand rental property, this unit offers immediate possession and consistent income with a 6.23% Cap Rate. (id:27)

Building Features:

  • Style: Apartment
  • Building Type: Apartment
  • Basement Type: None
  • Construction Style - Attachment: Attached
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors, Security system
  • Floor Space: 1307 sqft
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove, Hood Fan, Window Coverings

Property Features:

  • OwnershipType: Condominium
  • Property Type: Single Family
  • Bedrooms: 5
  • Bathrooms: 2
  • Access Type: Road access
  • Amenities Nearby: Hospital, Park, Public Transit, Schools, Shopping
  • Built in: 2009
  • Communication Type: High Speed Internet
  • Condo Fees: $696 Monthly
  • Features: Conservation/green belt, Paved driveway, Recreational, No Pet Home
  • Floor Space (approx): 1307 Square Feet
  • Lot Depth: 135 Feet
  • Lot Frontage: 106 Feet
  • MaintenanceFee Type: Insurance, Common Area Maintenance, Heat, Landscaping, Property Management, Water
  • Utility Type: Natural Gas - Available, Cable - Available
  • Zoning: (H) RN-12
  • Sewer: Municipal sewage system
  • Parking Type: Covered
  • No. of Parking Spaces: 1

Rooms:

  • Bathroom Main Level 5'6'' x 9'5''
  • Bathroom Main Level 8'3'' x 4'8''
  • Bedroom Main Level 8'3'' x 12'5''
  • Bedroom Main Level 15'4'' x 8'3''
  • Bedroom Main Level 15'4'' x 8'5''
  • Bedroom Main Level 15'4'' x 8'5''
  • Primary Bedroom Main Level 15'4'' x 8'6''
  • Living Main Level 9'7'' x 17'2''
  • Dining Main Level 9'8'' x 12'7''
  • Kitchen Main Level 10'6'' x 8'8''
  • Foyer Main Level 5'4'' x 9'11''

Courtesy of: RE/MAX SOLID GOLD REALTY (II) LTD.

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

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