45 High Street , Waterloo

Bed / $599,900 / MLS® #:30687662

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$50,000+ scheduled gross annual income available here! Strong money in place with parental guaranteed leases until at least end of August, 2019 (tenants on multi-year lease, early opt out date to end lease in August is December 15). Cash flow positive opportunity with just 20% down. Clean student operation with City approvals in place for a Class D2 rental license (five bedrooms) and Class A3 license (three bedrooms)! Good layout. Main floor shows contemporary - and simply spectacular. Dark laminate throughout. Contemporary white kitchen. Updated luxe four piece bath with tiled shower/glass door. Pot lighting. Lower level unit features generously proportioned bedrooms. Oak kitchen. Newer three piece bath here too. Single detached, garage – opportunity for landlord storage or even additional income. Easy walk to both Wilfrid Laurier and University of Waterloo – and 50,000+ full time students. Investor work sheet available to show how this opportunity can work for you! Why not invest in one of the perennially top five towns in Ontario today?, Directions:High Street and Hazel Street - 15 minute walk to both University of Waterloo and Wilfrid Laurier University, Exclusions:Tenants' Possessions

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Property Details

Property Type Detached
Property Style Bungalow
Square Feet 1001 to 1500
Property Tax $N/A
Maintenance N/A
Days On Our Website 9
Basement Fully Finished - Walk-Up Full
Kitchens
Garages
Pool N/A
Fireplaces
Air Conditioning Yes
Heating Gas - Forced Air
Exterior Brick
Garage Type Detached
Sewers Sewer (Municipal)
Water Municipal

Listing Office: ROYAL LEPAGE GRAND VALLEY REALTY

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