KWC Waterloo - $749,000 Rental Licensed Bungalow with $43,200 Gross Annual Income!

Mike Milovick

Inspired Forum Member
REIN Member
$43,200 Gross Annual Income Available here with tenants on multi-year lease. This building is City-approved operation that generates positive cash flow with 35% down. Legal money maker!

This rental licensed property with a registered accessory apartment has a desirable four and three bedroom lay out. Main floor unit has a large eat in kitchen and spacious living. Building is carpet free - with thin plank hardwood throughout main, laminate through lower level and ceramics in kitchen and bathrooms. Good, clean tenants. Note extensive side deck with a large backyard that all tenants enjoy! Note walk up from basement. Location within walking distances to both universities, St. David's Highschool, shopping (including Beer Store) and groceries (new Farm Boy) and public transit (including bus route that goes directly to main entrance of WLU). Offer date September 29, 2021. This opportunity is ideal for: extended, multi-generational family, parent investor with kid going to school, or shrewd investor seeking positive cash flow in one of Ontario's perennial Top Ten Towns or even parent investor. Tough to beat!

Virtual Tour Here: Virtual Tour

Picture Gallery Here: Picture Gallery

Investor Worksheet Here: Investor Worksheet

Contact me through email via mike@teammilovick.com or call (519) 745-7000, and let's set up a showing today!
 

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