ON
Waterloo
N2J3B3
172 REGINA N Street
172 REGINA N Street, Waterloo, ON N2J3B3
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Listing Type
Multi Family
Listing Status
Active
2
$4,990,000

Home Details for 172 REGINA N Street

Price
$4,990,000
Type
Residential Income
Listing #
40851244
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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
  • Parking
    • Detached
Listing Courtesy: RE/MAX Real Estate Centre Inc.
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240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
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647 618 3158
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