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87 Waterloo Street Waterloo | Ontario For SALE Commercial Real Estate Services Asking Price: $650,000 Land Size: 0.107 Acres Building Area: 2,706 SF Zoning: R4 GROSS Income: $23,576/YR WHITNEYRE.COM 519.746.6300 Purpose Built Tri-Plex Multi-Residential Investment Opportunity Moore Ave S
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Commercial Real Estate Services 87 Waterloo Streetwhitneyre.com/data/properties/ABBBA46E-CA85-3AAF... · 87 Waterloo Street Waterloo | Ontario For SALE Commercial Real Estate Services

Jul 23, 2020

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Page 1: Commercial Real Estate Services 87 Waterloo Streetwhitneyre.com/data/properties/ABBBA46E-CA85-3AAF... · 87 Waterloo Street Waterloo | Ontario For SALE Commercial Real Estate Services

87 Waterloo Street Waterloo | Ontario

For SALE Commercial Real Estate Services

Asking Price: $650,000

Land Size: 0.107 Acres

Building Area: 2,706 SF

Zoning: R4

GROSS Income: $23,576/YR

WHITNEYRE.COM 519.746.6300

Purpose Built Tri-Plex Multi-Residential Investment Opportunity

Moore Ave S

Page 2: Commercial Real Estate Services 87 Waterloo Streetwhitneyre.com/data/properties/ABBBA46E-CA85-3AAF... · 87 Waterloo Street Waterloo | Ontario For SALE Commercial Real Estate Services

87 Waterloo Street For SALE

Unit Monthly Rent Next Increase

1 – Lower Level Vacant

2 – Main Level $967.03 Jan 1, 2020

3 – Second Level $997.64 Jan 1, 2020

Total Monthly Income $1,964.67

Total Yearly Income $23,576.04

Expenses Yearly $

Licence $1,308.44

Insurance $1,476.00

Lawn Maintenance/ Snow $1,795.00

Property Tax $4,448.00

Repairs/Maintenance $3,199.71

Utilities $5,014.68

Total Expenses $17,241.83

Net $6,334.21 519.746.6300

DETAILS:

• All appliances owned by Landlord

• Landlord pays hydro, gas & water

• Boiler heat

• Paved parking stalls

• Great location near Uptown Waterloo, Belmont Village, Downtown Kitchener, Sunlife Financial HQ, Grand River Hospital & LRT stop

• Easy access to Spur Line Trail

Page 3: Commercial Real Estate Services 87 Waterloo Streetwhitneyre.com/data/properties/ABBBA46E-CA85-3AAF... · 87 Waterloo Street Waterloo | Ontario For SALE Commercial Real Estate Services

Waterloo | Ontario

Commercial Real Estate Services

WHITNEYRE.COM

Lower Level

UNIT 1

1 Bedroom

Shared Laundry

Main Level

UNIT 2

2 Bedrooms

Second Level

UNIT 3

2 Bedrooms

Page 4: Commercial Real Estate Services 87 Waterloo Streetwhitneyre.com/data/properties/ABBBA46E-CA85-3AAF... · 87 Waterloo Street Waterloo | Ontario For SALE Commercial Real Estate Services

Joe Anstett

Sales Representative

519.721.1659 [email protected]

Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Limited Brokerage © 10/2019. MLS

WHITNEY & Company Realty Ltd. 103 Bauer Pl, Suite 2 Waterloo, Ontario N2L 6B5

FOR MORE INFORMATION PLEASE CONTACT:

Michael Lambert

Sales Representative

2x Olympian

519.590.0286 [email protected]

WHITNEYRE.COM

For SALE Commercial Real Estate Services

87 Waterloo Street Waterloo | Ontario