$2,100,000

Investment For Sale In Lakeshore, Waterloo, Ontario

$2,100,000

Property Information:

Turnkey multi-residential investment - six fully leased two-storey brick townhouse units in a row, generating income from day one. Works out to only $350,000 per unit, this is an exceptional entry point into one of Ontario's strongest rental markets. Each unit features two bedrooms, a full washroom, and a rec room in the basement. Situated on a large 0.4-acre lot with 9 rear parking spaces, backing onto greenspace in a quiet, family-oriented neighbourhood minutes from the University of Waterloo and Wilfrid Laurier University - ensuring consistently strong rental demand. Excellent long-term mature tenants in place. Significant future development potential on this large lot! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 5160 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Features: Irregular lot size
  • Floor Space (approx): 5160 Square Feet
  • Irregular: Yes
  • Lot Depth: 115 Feet
  • Lot Frontage: 109.9 Feet
  • Lot Size: 0.40 Acres
  • Zoning: GR
  • No. of Parking Spaces: 9

Courtesy of: RE/MAX PRESIDENT REALTY

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.