A great investment opportunity for a student apartment building in the core strip of Waterloo. It is close to three universities: 2.2 km to the UW, 1.2 km to WLU, and 0.4 km to Conestoga College, with direct bus Route 202 to all schools. The lot measures 64.05 x 158.65 feet, zoned MU20, with potential for higher-level building in the near future.This fourplex student building includes 20(4X5) bedrooms, 8 (4X2) bathrooms, and 4 (4X1) kitchens. There is a separate laundry room with coin-operated machines. The property offers 7 parking spots, an AC and central heating system. All kitchens are newly renovated; the roof was replaced in 2017, and all equipment is in great working condition.Built in 2002 specifically for students, no renting license is required. It has been operated and maintained by the owner who has since moved to BC.The total gross income for the past three years has been over $200K annually (excluding parking and laundry income). For serious buyers, the lease list can be provided. The annual fixed costs are about $40, 000 excluding mortgage interest. Its fully leased now with on-call maintenance staff and 24hrs emergency contact. Don't miss your chance to explore this investment property ! (id:55598)
- MLS® X9398686
- Date Listed10/16/2024
- Days on Realty 11 Days
- Bedrooms 0
- Bathrooms 8 baths
- Lot Size -
- Sewer Other
- Property Type Quadruplex
- Water Public
- Square Feet 5,000 sq. ft
- Price Per Sq. Ft $499.98
Interior Features
- Appliances Central Vacuum, Dryer, Furniture, Microwave, Refrigerator, Stove, Washer
- Cooling Central Air Conditioning
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
72/100
Very Walkable
Walk Score ®
47/100
Some Transit
Transit Score ®
79/100
Very Bikeable
Bike Score ®
Overview
Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.Transit Summary
12 nearby routes: 12 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 42/100, Bike Score: 63/100.
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Frequently Asked Questions for 151 UNIVERSITY AVENUE E
Source: Realty.com
151 UNIVERSITY AVENUE E, Waterloo, ON N2J2W4 is a Quadruplex, Residential property listed for $2,499,900 The property is 5000 sq. ft with 0 bedrooms and 8 bathrooms
Realty.com has 22 photos of 151 UNIVERSITY AVENUE E.
The full address for this home is 151 UNIVERSITY AVENUE E, Waterloo, ON N2J2W4.
151 UNIVERSITY AVENUE E has been listed on Realty.com since Wed October 16, 2024
Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 42/100, Bike Score: 63/100.
Listing provided courtesy of:
HOMELIFE LANDMARK REALTY INC.
(tel: (905) 305-1600)
Listing agent:
JAY ZHANG
(tel: (905) 305-1600)
This content last refreshed on 2024-10-27 15:19:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 151 UNIVERSITY AVENUE E, Waterloo, ON N2J2W4 : MLS® X9398686