KWC - Waterloo - Student Duplex in Prime Location - $699,900

Mike Milovick

Inspired Forum Member
REIN Member
Mar 15, 2008
509
15
18
Waterloo, Ontario, Canada
#1
Nothing is better than Ezra! This home is situated on perhaps the best student street in all of Canada! Seconds to WLU and 15,000+ students. This building comes fully rented until at least April, 2018 for large $$$. On a street with properties that are mostly owned by Wilfrid Laurier University, this is a rare opportunity for the private sector investor! With nearly $63,000 Annualized Projected Gross Income Available here, this opportunity comes with strong positive cash flow with just 20% down. Spacious duplex with large, purpose built addition! Almost like two houses for price of one. Backyard may provide opportunities for additional parking income. Large common areas. Hardwood flooring in main unit. Newer bedroom doors. Seller has spent thousands of dollars recently replacing both side and back stair cases. Two bathrooms per unit. This is the ideal opportunity for student investor that seeks security in a AAA location or parent buyer looking to make money while kid is going to school. Zoning may also provide future development opportunity. Investor work sheet with full financials available - to show how this property can get working for you!

Investor work sheet attached.

For more details:
http://www.teammilovick.com/listings/listings/on/waterloo/22-ezra-avenue?listingId=6993929

22 Ezra Ave.jpg
More Great Properties here:
www.teammilovick.com

Why Invest in Waterloo?
http://www.wearewaterloo.ca/en/index.asp

Legend Award Recipient
"Are Your Real Estate Needs Being Serviced By A Legend?"
 

Attachments