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$ 4,465,000
Est. payment | /mo
8,200 SqFt
$ 4,465,000
Est. payment | /mo
8,200 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 8,200 sqft
Price per Sqft $544
MLS Listing ID X12334339
Annual Tax Amount $24,699
Tax Year 2024
Property Sub-Type Investment
Property Description
Well-maintained 22-unit apartment property in Uptown Waterloos desirable North Ward, consisting of two neighboring buildings on separate lots being sold together. The suite mix includes 3 bachelor units and 19 one-bedroom units, offering excellent rental appeal for singles and couples. Both buildings are professionally managed and benefit from steady tenant demand in this central, walkable location near transit, shopping, dining, and amenities. With current rents below market, there is significant upside potential through turnover and strategic renovations. A rare opportunity to acquire a stable, income-producing asset with long-term value growth in one of Waterloo Regions most sought-after neighborhoods.
Location
Province ON
County Waterloo
Area Waterloo
Zoning R2
Interior
Cooling No
Inclusions Hot water tanks (owned), coin-operated laundry equipment, existing appliances in all units, all existing light fixtures.
Exterior
Parking Features Outside/Surface
Utilities Available Yes
Building
Lot Description Lot
Others
Virtual Tour https://youtu.be/MgWNSw9f2yk
Lited by REAL BROKER ONTARIO LTD.