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$1,600,000
317 Spruce St, Waterloo, ON N2L 3M6
15 Beds
0 Baths
2,353 sqft

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Over $98,400+ Annualized Gross Income Available Here! Cash Flow Machine! This meticulously maintained, owner-managed, triplex features a 2097 square foot purpose-built addition 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 to you fully rented. A lot of arrows up here: note three electricity meters, three gas meters, moisture sensing fans in all bathrooms, life safety systems annually inspected, and in suite laundry. This building comes complete with good, clean tenants. Some furnishings are seller provided. Located in investor-desirable Northdale, this opportunity should provide better than average yield - today - and in years to come! With both universities fully open for January, this makes for a tremendous re-opening investment! Let me make 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.
  • Price:
  • $1,600,000
  • Bedrooms:
  • 15
  • Square Footage:
  • 2,353
  • Year Built:
  • 1954
  • Listing ID #:
  • 40167872
  • Street Address:
  • 317 Spruce St
  • City:
  • Waterloo
  • Province:
  • Ontario
  • Postal Code:
  • N2L 3M6
  • County:
  • Waterloo
  • Community:
  • Waterloo West
  • Subarea:
  • 417 - Beechwood/University
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
n/a

WATERLOO COLLEGIATE AND VOCATIONAL INSTITUTE
Public
  • Age Of Dwelling:
  • 51-99 Years
  • Approximate Square Footage Range:
  • 2001 To 3000
  • Basement Description:
  • Walk-Up
  • Basement Type:
  • Full Basement
  • Building Faces:
  • West
  • Building Security:
  • Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Description:
  • Brick, Vinyl Siding
  • Construction Type:
  • Detached
  • Finished Above Ground Square Footage:
  • 2353.00
  • Foundation Material:
  • Poured Concrete
  • Has Basement:
  • 1
  • Interior Features:
  • Separate Hydro Meters
  • Number Of Units:
  • 3
  • Number Of Units:
  • 3
  • Stories:
  • 2.0
  • Total Building Square Footage:
  • 2353
  • Type Of Roof:
  • Asphalt Shing
  • Year Built:
  • 1954
  • Expenses:
  • Estimated
  • Conforms To Zoning:
  • Nmu-12
  • Lot Shape:
  • Rectangular
  • Lot Size Side:
  • 125.00
  • Excluded:
  • Tenants's Possessions
  • Included In Sale:
  • Microwave
  • Originating Mls:
  • Kitchener Waterloo
  • Cross Street:
  • Spruce And Hickory
  • Location Description:
  • Urban
  • Sub Area:
  • 417 - Beechwood/University
  • Laundry Description:
  • In-Suite
  • Parking Description:
  • Asphalt
  • Parking Spaces:
  • 3
  • Existing Water:
  • Municipal
  • Heating:
  • Forced Air, Gas, Water
  • Sewage Type:
  • Sewer (municipal)
  • Listing provided by Royal Lepage Grand Valley Realty
  • ONITSO

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