For Sale

$425,000.00

12 BRIDGEPORT Road East, 20, Waterloo, ON N2J 2J3

6 Beds

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. 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 $752 per month which include exterior maintenance, water, garbage removal and a parking spot.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.

Inclusions:

NONE

Exclusions:

Tenants' Possessions

Property Summary

  • No. of Parking Spaces: 1
  • Built in: 2002
  • Bedrooms: 6
  • Zoning: U1-81

Property Features:

  • Acres Range:
    < 0.5
  • Architectural Style:
    Multi-Level
  • Basement:
    None
  • Business Type:
    []
  • Construction Materials:
    Brick , Stucco (Plaster) , Wood
  • Features Area Influences:
    Library , Park , Place of Worship , Public Transit , Rec./Community Centre , [] , Schools
  • Foundation Detail:
    None
  • Heating:
    Forced Air , Gas
  • Interior Features:
    Separate Hydro Meters
  • Laundry Features:
    Coin Operated , In Area , Shared
  • Levels:
    Multi/Split
  • Parking Features:
    Asphalt , Outside/Surface/Open , None
  • Roof:
    Asphalt Shing
  • Security Features:
    Smoke Detector(s) , Sprinkler System Full
  • Sewer:
    Sewer (Municipal)
  • Type:
    Apartment Unit
  • Under Contract:
    Hot Water Heater
  • Water Source:
    Municipal

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