114 Marshall Street , Waterloo Ontario

Sale $449,900.00  | 
Listing # 30689855
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Stephen Schaefer

Stephen Schaefer

Sales Representative

Phone: 519.745.7000
Mobile: 226.868.1379

stephenschaefer@royallepage.ca
http://www.stephenschaefer.ca

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

Brokerage

15C, 370 HIGHLAND ROAD WEST
Kitchener,  ON N2M5J9

Remarks:

$31,500 of scheduled gross income available here! This classic student investment features positive cash flow positive with just 20% down. Nice price point for freehold, entry-level income earner. Leases in place until at least end of April, 2019! Gleaming hardwood floors in main level bedroom. Contemporary Colonial series doors. Updated main bath. Massive rec room (with bar top). Modern tiling through out lower level. Close to everywhere your tenants want to be, including easy walk to both Universities (five minute walk to WLU, ten minute bike ride to UW) and Uptown Waterloo - with its abundance of shopping, dining and cultural amenities. Walk score of 79 - very walkable (City of Waterloo average score is 44). Buy with confidence - this is a City-Approved Rental Licensed Property has a rare Class D2 (five bedroom) rental license! HVAC inspection done annually. Electrical Safety Inspection done when initially rental licensed! Updated main bath. Mostly newer vinyl windows. Nice homes like this do not come along often. Check out the virtual tour - and prepare to be impressed! Investor work sheet available to show how this opportunity can work for you! (id:27)

Investment

Lot Frontage: 53.0 Feet
Lot Depth: 104.0 Feet
No. of Parking Spaces: 3
Floor Space (approx): 1001.00 Square Feet
Built in: 1959
Zoning: RMU-20

Property Features:

Amenities Nearby: Schools
Equipment Type: Water Heater
Features: Paved 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: Bungalow , Multi-Unit
Basement Development: Finished
Basement Type: Full
Building Type: Multi-Family
Construction Style - Attachment: Detached
Cooling Type: None
Exterior Finish: Aluminum siding , Brick
Fire Protection: Smoke Detectors
Foundation Type: Poured Concrete
Heating Fuel: Natural gas
Heating Type: Forced air