121 University Avenue E Unit# 9 , Waterloo, ON N2J4J1
Waterloo, ON N2J4J1
Description
$46,200 Annual Gross Income Available Here! This well-updated, modernized, spacious (1500+ SF), rental licensed, City-approved money maker beckons for your immediate attention! This solid construction five bedroom townhome is located in Waterloo's prime rental areas comes to you fullly rented! Updates abound: modernized, white gloss IKEA kitchen cabinets mated to butcher block countertop with subway tile, oversized tile flooring on main floor, mostly newer plumbing fixtures - sinks and toilets - throughout. Furnace (2023). Freshly painted in a contemporary, neutral palette. Updated main bath. Finished rec room with vinyl plank flooring, pot lighting and tongue and groove wood ceiling. Massive primary bedroom with ensuite and walk in closet. Underground parking spot. Note that the townhome is solid, cement (not frame) construction - the same construction as university residences. Condo fees of $756.42 per month include water, insurance, landscaping/snow removal, private garbage removal, parking as well as exterior maintenance. Turn key, worry-free condo living. Located almost across the street from Conestoga College, a 5 minute bike ride on trail system to Uptown Waterloo and its ameneties, a couple blocks from WLU, and a quick scooter ride to Waterloo Park and University of Waterloo, this is an ideal opportunity for investor looking for foothold into lucrative Waterloo student housing market or parent looking for a home away from home for their university bound child. Investor work sheet available to show how this property can work for you! Flexible possession available. There is a lot to love here. (id:13843)
Details
| MLS# | 40711720 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1974 |
| Days On Site | 19 |
| Listing Provided By | Royal LePage Wolle Realty | MIKE MILOVICK |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,502 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | RMU-20 |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Waterloo |
| Postal Code | N2J4J1 |
| Community Name | 116 Glenridge/Lincoln Heights |
| Listing VS Median (In 116 Glenridge/Lincoln Heights) | |
Price: $495,000 low | high Med: $475,000 SqFt: 1,502 low | high Med: 1,123 $ / SqFt: $330 low | high Med: $423 On site: 19 low | high Med: 49.000000 | |