121 University Avenue E #9 Active Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2J 4J1
Key Details
Property Type Single Family Home
Sub Type Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 1,502 sqft
Price per Sqft $306
MLS Listing ID 40738964
Bedrooms 5
Abv Grd Liv Area 1,502
Year Built 1974
Annual Tax Amount $3,304
Property Sub-Type Rooming House
Source Cornerstone
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 fully 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 amenities, 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.
Location
Province ON
County Waterloo
Area 1 - Waterloo East
Zoning RMU-20
Direction Enter Village on the Green from University Avenue East. Drive into the complex. Unit 9 is located in the second group of town homes on your left hand side. There is visitor parking in the development.
Rooms
Basement Full,Partially Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer
Laundry In-Suite
Exterior
Parking Features Exclusive,Guest
Garage Spaces 1.0
Roof Type Asphalt Shing
Porch Patio
Garage No
Building
Lot Description City Lot,Greenbelt,Public Transit,Schools,Shopping Nearby
Faces Enter Village on the Green from University Avenue East. Drive into the complex. Unit 9 is located in the second group of town homes on your left hand side. There is visitor parking in the development.
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick Veneer,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 230230009
Ownership Condominium
Virtual Tour https://unbranded.youriguide.com/9_121_university_avenue_east_waterloo_on/