KWC - Waterloo - 5-Bed Student Condo With Mega Cool Factor $33,000+ Gross! $314,900

Mike Milovick

Inspired Forum Member
REIN Member
Mar 15, 2008
Waterloo, Ontario, Canada
$33,000+ Potential Gross Income Available Here! Turn key ! Suite was developed in 2002 utilizing industrial era (1900's) building shell. Beam and Brick construction - uber cool factor with true loft feel. Bare naked brick, exposed post and beam, high ceilings. Character abounds! This suite is an end, corner unit. Lower level has oversized windows contributing to a Day Light basement feel. Updated vinyl plank throughout main level. New Westinghouse stove (2017), two new bathrooms (2015), hot water heater (2017) Bike room, games room and laundry cater to the occupants - designed with student living in mind. Rental licensed, Class Z5 Premium license - City approved. Money in place, with written leases, until end of April, 2018. All five tenants pay $550 inclusive with the owner generating an additional $50 a month for parking. Investor work sheet available which has full financials - combined with contemporary financing - to show how this opportunity can work for you! Great opportunity for parent with kid going to school or investor seeking turn key income. Walk Score of 97 - Walkers paradise! Close to everywhere your tenants' need to be!

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