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$ 2,299,000
Est. payment | /mo
7 Baths
$ 2,299,000
Est. payment | /mo
7 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12668528
Annual Tax Amount $16,987
Tax Year 2025
Property Sub-Type Investment
Property Description
Welcome to 334 King St N in Waterloo! Fantastic Investment Opportunity. Licenced built tri-plexwith student rentalwith 15 bedrooms, One 3 piece and One 4 piece bath per unit. Heart of Uptown Waterloo, short walking distance to the University of Waterloo, Laurier and Conestoga College's Waterloo Campus!! Purpose-Built in 2008 student rental currently generating NOI of over $117,000, offering an impressive 5.1% cap rate.Vendor Take-Back (VTB) financing is available for qualified purchasers. The Property Features a Finished Basement unit, with a Workshop, Server Room, Laundry (Coin) Room and Office. Four Parking Spots at the Rear. Each unit is separately metered for Gas and Water. rare opportunity to own a secure, stylish, and ideally located Investment in one of Kitcheners most sought-after neighborhoods.
Location
Province ON
County Waterloo
Area Waterloo
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 122.2
Others
ParcelsYN No
Listed by RE/MAX REALTRON REALTY INC.
"Helping clients build weath through strategic real estate aquisitions"