172 REGINA Street N, Waterloo, ON N2J3B3
172 REGINA Street N, Waterloo, ON N2J3B3
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$4,990,000
Est. payment /mo
8,930 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 8930

Square Footage 8,930 sqft

Price per Sqft $558

Subdivision 116 - Glenridge/Lincoln Heights

MLS® Listing ID 40851244

Property Sub-Type Freehold

Property 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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 8

Garage Yes

Private Pool No

Building

Story 4

Sewer Municipal sewage system

Others

Ownership Freehold

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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172 REGINA Street N

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