Sixplex For Sale in Waterloo, ON - 30 bed, 12 bath (195 Erb St. West) - $2,795,000


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Sixplex / Revenue Property For Sale in Waterloo, ON - 30 bed, 12 bath

Main Features

30 Bedrooms
12 Bathrooms
10,500 Square Feet
65 ft X 121 ft Lot Size
Wheelchair Accessible
3 Stories
Covered Parking, Parking Lot
Built in 2010
$17,560 Annual Taxes

The Basics

  • Price: $2,795,000
  • Property Type: Sixplex / Revenue Property
  • Ad Type: For Sale
  • Listing ID: 919854
  • MLS® Number: X4529340

Location

  • Address: 195 Erb St. West
  • Neighbourhood: Erb West and Westmount Rd.
  • City: Waterloo
  • Province/State: Ontario
  • Postal/ZIP Code: N2L 1V6
Property Description
Other Features
Map Location
Mortgage Calculator
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Purpose built in 2010 for the university student rental market. Located 10 minutes walk from the University of Waterloo.The building has 30 bedrooms in 6 large 5-bedroom apartments. Each apartment has its own furnace and water heater and offers the full range of amenities - air conditioning, in-suite laundry, 2 fridges, stove, dishwasher and OTR microwave. There is parking for 8 cars and secure indoor bike storage.

Fully rented through August 2020. Gross income of $207,000. Municipal taxes $17,560. Units are separately metered for gas and hydro. Excellent investment.

Call vendor for more information 519-404-6524

This Property Also Includes:

Air Conditioning Included

Approximate Map Location*

195 Erb St. West, Waterloo, Ontario, Canada   N2L 1V6

DIRECTIONS   (Click Here)
STREET VIEW   (Click Here)

* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.
Seller Name: Richard Phillion
Contact this Seller at 519-404-6524
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The seller agrees to pay 1.5% commission to a real estate bringing an acceptable offer which results in a completed sale.
48 hours notice for all showings. Schedule showings by phone or text to 519-404-6524.
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