28
See all 28 photos
$495,000
Est. payment /mo
5 Beds
3 Baths
1,502 SqFt
New
121 UNIVERSITY AVE East #9 Waterloo, ON N2J4J1
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Key Details
Property Type Multi-Family
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,502 sqft
Price per Sqft $329
Subdivision 116 - Glenridge/Lincoln Heights
MLS® Listing ID 40711720
Bedrooms 5
Originating Board Cornerstone - Waterloo Region
Year Built 1974
Property Sub-Type Condominium
Property Description
$46,200 Annual Gross Income Available Here! This well-updated, modernized, spacious (1500+ SF), rental licensed, City-approved money maker beckons for your immediate attention! This solid construction five bedroom townhome is located in Waterloo's prime rental areas comes to you fullly rented! Updates abound: modernized, white gloss IKEA kitchen cabinets mated to butcher block countertop with subway tile, oversized tile flooring on main floor, mostly newer plumbing fixtures - sinks and toilets - throughout. Furnace (2023). Freshly painted in a contemporary, neutral palette. Updated main bath. Finished rec room with vinyl plank flooring, pot lighting and tongue and groove wood ceiling. Massive primary bedroom with ensuite and walk in closet. Underground parking spot. Note that the townhome is solid, cement (not frame) construction - the same construction as university residences. Condo fees of $756.42 per month include water, insurance, landscaping/snow removal, private garbage removal, parking as well as exterior maintenance. Turn key, worry-free condo living. Located almost across the street from Conestoga College, a 5 minute bike ride on trail system to Uptown Waterloo and its ameneties, a couple blocks from WLU, and a quick scooter ride to Waterloo Park and University of Waterloo, this is an ideal opportunity for investor looking for foothold into lucrative Waterloo student housing market or parent looking for a home away from home for their university bound child. Investor work sheet available to show how this property can work for you! Flexible possession available. There is a lot to love here. (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
Total Parking Spaces 1
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Condominium
Virtual Tour https://youriguide.com/9_121_university_avenue_east_waterloo_on/
Listed by Royal LePage Wolle Realty
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