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Listed price in listed location currency (CAD).
$4,990,000

008

MLS® 40851244

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 8930 sqft
Garage 
Taxes $36,869
Days Active 1
Lot Size 8931.89 SF
Approx. Age 
Avg. Price Per Sqft $558
MLS® Number 40851244

Property Address: 172 Regina St N, Waterloo, ON, N2J3B3

Average square foot calculated using Size range provided by listing agent.

Description

Rare chance to own a contemporary, purpose-designed eight-unit building in one of the most sought-after student rental pockets in the city. Wilfrid Laurier's campus sits practically at your doorstep — the Science and Athletic facilities are a short stroll away, making this an easy walk for every tenant. Location like this simply doesn't come available often. Every suite is thoughtfully appointed with its own hydro and gas metering, two full bathrooms, and the added convenience of laundry right in the unit. Spacious shared areas round out the layout. The property has been carefully looked after under hands-on ownership, and each resident is secured on a signed lease agreement. The numbers work: this asset produces positive cash flow at today's lending rates, delivering dependable returns from day one. There's room to grow revenue further as units turn over, offering built-in upside for the incoming owner. It's a natural fit for an experienced operator who appreciates the reliability of housing situated within arm's reach of a major university.
MLS® Number40851244
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull, Partially Finished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air

Extras

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