20 - 12 Bridgeport Road E , Waterloo Ontario N2J2J3

Sale $425,000.00  | 
Listing # 30813511
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Mike Milovick

Team Milovick

Phone:  519.745.7000
Fax:  519.745.8460

Royal LePage Grand Valley Realty, Brokerage (Independently owned and operated)

Brokerage

15C - 370 HIGHLAND ROAD WEST
Kitchener,  ON N2M5J9

Remarks:

Nearly $41,000 Potential Gross Income Available Here! Positive cash flow opportunity with just 20% down - boasting a projected 5 percent cap rate. This is the only 6 bedroom suite in the development! Suite was developed in 2002 utilizing industrial era (1900's) post and beam building shell. Uber cool with true loft feel. Bare naked brick, exposed post and beam, high ceilings. Character abounds! Many recent interior improvements. Bike room, games room and laundry cater to the occupants. Rental licensed, Class Z6 license - City approved. Walk Score of 97 - Walkers Paradise! Close to all amenities tenants desire including two LRT stops, Uptown and its shopping/night life scene, library, Waterloo Park as well as walking distance to both universities. Condo fees $730 per month which include exterior maintenance, water, garbage removal and a parking spot. Airbnb is permitted in this development. REALTOR.ca consumers - click on Brochure icon below for investor work sheet which has full financials, combined with contemporary financing, to show how this opportunity can work for you! Written lease in place to end of April. (id:27)

Condo

Condo Fees: $730.00 Monthly
Floor Space (approx): 1599.00 Square Feet
Built in: 2002
Bedrooms: 6
Bathrooms (Total): 2

Property Features:

Amenities Nearby: Public Transit , Recreation , Schools , Park
Community Features: Community Centre
Equipment Type: Water Heater
Features: Park setting , Park/reserve , Paved driveway , Laundry- Coin operated
OwnershipType: Condominium
Parking Type: No Garage
Property Type: Single Family
Rental Equipment Type: Water Heater
Sewer: Municipal sewage system
Utility Type: Water - Available

Building Features:

Amenities: Party Room
Appliances: Refrigerator , Stove
Basement Type: None
Building Type: Apartment
Construction Material: Wood frame
Cooling Type: None
Exterior Finish: Brick , Stucco , Wood
Foundation Type: None
Heating Fuel: Natural gas
Heating Type: Forced air

Rooms

  • Bedroom
    • Level: 2nd 9' 8'' x 14' 9''
  • Bedroom
    • Level: 2nd 9' 11'' x 14' 10''
  • Bedroom
    • Level: 2nd 9' 6'' x 11' 5''
  • Bedroom
    • Level: 2nd 13' 4'' x 11' 3''
  • Bathroom
    • Level: 2nd 5' 5'' x 4' 11''
  • Master Bedroom
    • Level: Ground 13' 5'' x 11' 1''
  • Living
    • Level: Ground 10' 0'' x 13' 1''
  • Kitchen
    • Level: Ground 13' 0'' x 12' 1''
  • Bedroom
    • Level: Ground 9' 5'' x 14' 11''
  • Bathroom
    • Level: Ground 5' 10'' x 5' 6''