KWC - Waterloo - $2239 Gross Monthly Income in Oversized Three Bedroom Unit in Student Apartment Building$ 399,900

Mike Milovick

Inspired Forum Member
REIN Member
Mar 15, 2008
Waterloo, Ontario, Canada
$2239 Gross Monthly Income Available Here with the tenants paying electricity.

Contemporary student living steps to WLU and easy walk to University of Waterloo. Note unit size - nearly 1400 square feet - this is an absolutely massive three bedroom suite in a well-appointed building. Parents love the controlled entry (controlled by tenants' smart phone) and security cameras. Students love bike storage, study lounge and the hip vibe of the building.

Note contemporary colour scheme with accent wall. Granite countertops. Carpet free, laminate flooring. High ceilings. Oversized bedrooms. Tenant controlled climate. Don't miss the ensuite in the master bedroom!

This is an ideal opportunity for an investor seeking turn key student income. Or could work well for smart parent who, instead of Paying The Landlord, wants to Be The Landlord. Students on multi-year lease. Leased until at least end of August, 2019 (with tenant option to further extend).