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Office Listing

Mike Milovick, Broker  |  Jennifer Shingler, Sales Representative


Remarks

$46,800 annualized gross income available here! Money in place with written leases until at least end of April, 2019. Cash flow positive opportunity with just 20% down. Turn key, classic student operation with City approvals in place featuring a rare Class D1 rental license! Two kitchens. Main floor features nice-sized common room, modern baseboard and thin plank hardwood in the bedrooms. Lower level bedrooms all generously proportioned with oversized egress windows. Updated vinyl windows throughout. Large, single detached, garage opportunity for landlord storage or even additional income. Easy walk to both Wilfrid Laurier and University of Waterloo and 50,000+ full time students. Note the newly minted R9 zoning! Warehouse the site while awaiting knock on door by developer. Additional insight into this well run property can be gained by visiting www.4cardill.ca. This has been a great investment for the owner who has owned the property for nearly 30 years! Now its your turn! Investor work sheet available to show how this opportunity can work for you! Why not invest in one of the perennially top five towns in Ontario today? (id:27)


Rooms

  • Bathroom
    • Level: Basement
  • Kitchen
    • Level: Basement 5' 2'' x 7' 3''
  • Recreation Room
    • Level: Basement 13' 0'' x 6' 7''
  • Bedroom
    • Level: Basement 8' 1'' x 11' 11''
  • Bedroom
    • Level: Basement 12' 6'' x 9' 9''
  • Bedroom
    • Level: Basement 9' 4'' x 11' 0''
  • Bedroom
    • Level: Basement 12' 8'' x 10' 10''
  • Living
    • Level: Ground 16' 1'' x 12' 0''
  • Kitchen
    • Level: Ground 9' 3'' x 10' 10''
  • Bedroom
    • Level: Ground 9' 11'' x 11' 11''
  • Bedroom
    • Level: Ground 9' 4'' x 11' 1''
  • Bedroom
    • Level: Ground 9' 9'' x 9' 11''
  • Bedroom
    • Level: Ground 9' 4'' x 9' 3''
  • Bathroom
    • Level: Ground

Area Map

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