62 University Avenue E , Waterloo Ontario

Sale $1,700,000.00  | 
Listing # 30757787
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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)


Kitchener,  ON N2M5J9


$137,000+ Gross Income Available Here! Purpose-built, fourplex apartment building. Ideally located: steps to Wilfrid Laurier University and Conestoga College's Waterloo campus. On direct bus route to University of Waterloo. Always rented. Oversized five bedroom units with two bathrooms and large open concept kitchen-living room. Massive garage is real bonus: ideal for landlord toys - or for additional income. All brick exterior with balconies. Each unit has own individual electrical meters. Dedicated high efficiency furnace and air conditioner per unit. Handicap access. Keyless front door and unit entry. Contemporary, quality build. Turn key rental operation. Rental license exempt building. This is a rare opportunity to invest in a market with very few purpose-built buildings available. Let me send you an investor worksheet to show how this opportunity can work for you. (id:27)


Lot Frontage: 52.0 Feet
Lot Depth: 180.0 Feet
No. of Parking Spaces: 8
Built in: 2003
Zoning: RMU-81

Property Features:

Access Type: Highway access
Amenities Nearby: Public Transit , Schools
Equipment Type: Water Heater
Features: Paved driveway , Level , Carpet Free , Sump Pump
OwnershipType: Freehold
Parking Type: Detached garage
Property Type: Multi-family
Rental Equipment Type: Water Heater
Sewer: Municipal sewage system
Utility Type: Water - Available

Building Features:

Appliances: Dishwasher , Dryer , Freezer , Refrigerator , Stove , Stove , Washer
Architectural Style: 3 Level , Multi-Unit
Basement Development: Finished
Basement Type: Full
Building Type: Fourplex
Construction Style - Attachment: Detached
Cooling Type: Air Conditioned , Central air conditioning
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Foundation Type: Poured Concrete
Heating Fuel: Natural gas
Heating Type: Forced air