172 REGINA Street N, Waterloo NEW LISTING

Brokered by: RE/MAX Real Estate Centre Inc.

MLS®: 40851244 (Freehold)

Price: $4,990,000.00

Address: 172 REGINA Street N, Waterloo
FOR SALE
Subdivision: 116 - Glenridge/Lincoln Heights
Postal Code: N2J3B3
Style: 
Bedrooms: 0
Bathrooms: 0
Parking:  Covered
Garage: Covered
Lot Size (Approximate):   55 ft x
Stories:  4


About 172 Regina Street N

Rare chance to own a contemporary, purpose-designed eight-unit building in one of the most sought-after student rental pockets in the city. Wilfrid Laurier s campus sits practically at your doorstep — the Science and Athletic facilities are a short stroll away, making this an easy walk for every tenant. Location like this simply doesn t come available often. Every suite is thoughtfully appointed with its own hydro and gas metering, two full bathrooms, and the added convenience of laundry right in the unit. Spacious shared areas round out the layout. The property has been carefully looked after under hands-on ownership, and each resident is secured on a signed lease agreement. The numbers work: this asset produces positive cash flow at today s lending rates, delivering dependable returns from day one. There s room to grow revenue further as units turn over, offering built-in upside for the incoming owner. It s a natural fit for an experienced operator who appreciates the reliability of housing situated within arm s reach of a major university. (id:56071). Get more information on 172 Regina Street N

Property Features

Appliances:  Water softener
Rental Equipment:  
Zoning Description:  RMU-40
Interior Size (Approximate):  8930 sqft
Lot (Approximate):  under 1/2 acre
Exterior Finish:  Brick
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate): 
Basement:  Full (Partially finished) Partially finished

Rooms & Sizes

(Approximate)

     

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.