Maintenance fees
$802.00
Locker
None
Exposure
SW
Possession
Other
Price per sqft
$450 - $540
Taxes
$3,932 (2025)
Outdoor space
-
Age of building
11-15 years old
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Description
Opportunity Knocks! Freshly painted and impeccably maintained, this ground-floor CORNER unit offers a truly hands-off investment in a high-demand area. Centrally located along the university hub-walking distance to both the University of Waterloo and Wilfrid Laurier University. All 5 bedrooms are fully tenanted. Three rooms are secured with 3-year leases beginning September 2025, providing exceptional stability and peace of mind for any investor. Two additional rooms have leases ending August 2026, offering the potential for new tenants at rates of up to $900 per room. The property currently generates $3,800/month in rental income, totaling $45,600 annually. The building has recently added a brand-new onsite laundry facility, enhancing convenience for tenants and boosting overall appeal .A rare chance to step into a worry-free, income-producing property in one of Waterloo's most sought-after student rental locations. Please see inclusions for furniture included.
Broker: CITYSCAPE REAL ESTATE LTD.
MLS®#: X13031346
Property details
Neighbourhood:
Parking:
No
Parking type:
None
Property type:
Condo Apt
Heating type:
Forced Air
Style:
Apartment
Ensuite laundry:
No
MLS Size:
1000-1199 sqft
Listed on:
Apr 22, 2026
Show all details
Rooms
| Name | Size | Features |
|---|---|---|
Bedroom 5 | 0.0 x 0.0 ft | |
Bedroom 3 | 0.0 x 0.0 ft | |
Kitchen | 0.0 x 0.0 ft |
Show all
Instant estimate:
orto view instant estimate
$24,597
lower than listed pricei
High
$543,720
Mid
$515,303
Low
$500,023
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Included in Maintenance Fees
Heat
Water
1/26
$514,900
8 days
5BD
2BA
0 Parking
1,000-1,199 sqft
Maint. Fee $721
MLS#: X13305578
Benjamins Realty Inc.
1/14
$569,900
115 days
5BD
2BA
0 Parking
1,000-1,199 sqft
Maint. Fee $790
MLS#: X12799360
KELLER WILLIAMS INNOVATION REALTY
1/34
$530,000
193 days
5BD
2BA
0 Parking
1,000-1,199 sqft
Maint. Fee $790
MLS#: X12596864
ROYAL LEPAGE SIGNATURE REALTY
1/11
$522,000
37 days
3BD
2BA
0 Parking
1,000-1,199 sqft
Maint. Fee $639
MLS#: X13101904
RIGHT AT HOME REALTY