4 - 455 Albert Street , Waterloo Ontario

Sale $239,900.00  | 
Listing # 30649567
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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:

$15,540+ Projected Annual Gross Income! Leases in place to end of August, 2018 with opportunity to significantly increase revenue on re-rental. This is a City-approved rental licensed (D-2) opportunity for five rental bedrooms available in a 100% rental condo complex. Ideal for entry level investor or home for university bound child. Spacious, end unit (these units are larger than interior units). Updated oak kitchen cabinetry, lower level bedroom recently modernized. Current tenants pay $299, $299, $299, $199 and $199. Landlord enjoys an additional $40 a month for parking. Condo fees just $320 per month. Shows very clean. Easy walk to both universities and on bus route. Across the street from student desirables; beer, pizza and coffee. Direct bus to front steps of WLU. Just 0.8 of a kilometer to University of Waterloo. Historically, well managed condo corporation, with pro-landlord unit owners. Reasonable condo fees. (id:27)

Investment

Floor Space (approx): 1030.00 Square Feet
Zoning: MR-12

Property Features:

Amenities Nearby: Public Transit , Recreation , Schools
Community Features: Community Centre
Equipment Type: Water Heater
Features: No Driveway
OwnershipType: Freehold
Parking Type: No Garage
Property Type: Multi-family
Rental Equipment Type: Water Heater
Sewer: Municipal sewage system
Utility Type: Water - Available

Building Features:

Appliances: Dryer , Refrigerator , Stove , Washer
Architectural Style: 2 Level , Multi-Unit
Basement Development: Finished
Basement Type: Full
Building Type: Row / Townhouse
Construction Style - Attachment: Attached
Cooling Type: None
Exterior Finish: Brick , Vinyl siding
Fire Protection: Smoke Detectors
Foundation Type: Poured Concrete
Heating Fuel: Electric
Heating Type: Baseboard heaters