317 Spruce Street , Waterloo Ontario

Sale $1,095,000.00  | 
Listing # 30619203
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Office Listing:

Mike Milovick, Broker  |  Jennifer Shingler, Sales Representative

Mike Milovick

Team Milovick

Phone:  519.745.7000
Fax:  519.745.8460

Royal LePage Grand Valley Realty, Brokerage (Independently owned and operated)

Brokerage

15C, 370 HIGHLAND ROAD WEST
Kitchener,  ON N2M5J9

Remarks:

Over $93,700+ Potential Gross Income! Cash Flow Machine! This meticulously maintained, owner-managed, triplex features a 2097 square foot purpose-built addition (2005) with generously sized bedrooms and common space. Located about a five minute walk to WLU and a fifteen minute walk to UW, this is a turn key, rental licensed, city approved opportunity. Three 5 bedroom units. This building comes fully rented with good, clean tenants. Some furnishings are seller provided. There is a lot to like here: note three electricity meters, three gas meters, new sump pump, moisture sensing fans in all bathrooms, life safety systems annually inspected, air conditioned units, in suite laundry, newer roof. Located in investor-desirable Northdale, this opportunity should provide better than average yield - today - and in years to come! Your financial analysis of this opportunity easy! Investor work sheet available to show how this positive cash flow property can work for you! Let me e-mail it to you. (id:27)

Investment

Lot Frontage: 55.0 Feet
Lot Depth: 125.0 Feet
No. of Parking Spaces: 4
Floor Space (approx): 3272.00 Square Feet
Built in: 2005
Zoning: NMU-12

Property Features:

Amenities Nearby: Schools
Equipment Type: None
Features: Paved driveway , Level
Fence Type: Partially fenced
OwnershipType: Freehold
Parking Type: No Garage
Property Type: Multi-family
Rental Equipment Type: None
Sewer: Municipal sewage system
Structure Type: Shed

Building Features:

Appliances: Dryer , Microwave , Refrigerator , Stove , Stove , Humidifier
Architectural Style: Multi-Unit
Basement Development: Finished
Basement Type: Full
Building Type: Triplex
Construction Style - Attachment: Detached
Cooling Type: None
Exterior Finish: Brick , Vinyl siding
Fire Protection: Smoke Detectors
Foundation Type: Poured Concrete
Heating Fuel: Natural gas
Heating Type: Forced air , Boiler