KWC - Waterloo - 5 Bedroom Student Income - $32,000+ Gross! $409,900

MikeMilovick

Inspired Forum Member
REIN Member
Mar 15, 2008
506
12
18
Waterloo, Ontario, Canada
#1
Over $32,000 projected gross annual income available here! This classic student investment features exceptional annual positive cash flow (over $3350+ with just 20% down) with all five bedrooms rented. Nice price point for freehold entry level income earner. Could also work for Parent Investor. No condo fees! Leases in place until at least end of August, 2018! Close to everywhere your tenants want to be, including easy walk to both Universities (steps to WLU Science Building) and Uptown Waterloo - with its abundance of shopping, dining and cultural amenities. Buy with confidence - this is a City-Approved Rental Licensed Property with a rare Class D2 license! HVAC inspection done annually. Electrical Safety Inspection done when initially rental licensed! All life safety systems inspected/upgraded in January, 2018. Some work required here - pre-listing, electronic inspection by Alden Gibson available. Price reflects. Parent investors move fast! Seller will start re-rental activity soon. Investor work sheet available to show how this opportunity can work for you!

Investor work sheet available as attachment.

For more details:
http://www.teammilovick.com/listings/listings/on/waterloo/17-marshall-street?listingId=7297240

17 Marshall St.jpg
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