195 Erb Street W Waterloo, Ontario N2L 1V6
$3,700,000
Nearly $240,000 Effective Gross Income Available Here! This sixplex apartment building features spacious units with oversized bedrooms, and massive common areas. Two full bathrooms per unit with in-suite laundry. This opportunity is owner built and owner managed - and it shows. Very clean, professional, organized, turn key operation. Individual meters for electricity and gas. Ample parking with most of the spots covered. Great central location with close proximity to University of Waterloo, Uptown Waterloo, Waterloo Park and TNT Grocery Store. Rental-licensed exempt building! Investor work sheet with full financials applied to contemporary financing available! Solid investment opportunity in one of the Perennially Best Towns in Ontario to Invest In! (id:49454)
Property Details
| MLS® Number | 40419843 |
| Property Type | Multi-family |
| Amenities Near By | Park, Public Transit, Schools, Shopping |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Parking Space Total | 8 |
Building
| Bathroom Total | 12 |
| Bedrooms Total | 30 |
| Appliances | Microwave Built-in |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 2010 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Alarm System |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 9759 |
| Utility Water | Municipal Water |
Parking
| Covered |
Land
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 121 Ft |
| Size Frontage | 65 Ft |
| Size Irregular | 0.181 |
| Size Total | 0.181 Ac|under 1/2 Acre |
| Size Total Text | 0.181 Ac|under 1/2 Acre |
| Zoning Description | Rmu-20 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/26176831/195-erb-street-w-waterloo
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November 14 2023 08:58:54
Kitchener-Waterloo Association of REALTORS®
Royal LePage Wolle Realty