$520,000
$569,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
SOLD DATE : 10/21/2024
Key Details
Sold Price $520,000
Property Type Condo
Sub Type Condo Apartment
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1400-1599
MLS Listing ID X9005722
Sold Date 10/21/24
Style 2-Storey
Bedrooms 5
HOA Fees $654
Annual Tax Amount $3,636
Tax Year 2023
Property Description
Calling all Investors or Parents of students studying locally! City approved student rental, 5 bedrooms may generate $48,000+ Gross Income per year. Originally a boot & shoe factory in the early 1900's this building was converted to loft style residential living, keeping character of the industrial era. Exposed brick & beam give this building a trendy cool vibe, any renter will love. $45,000 was spent to completely renovate this unit in 2018, including new kitchen, appliances, bathrooms, and new furnace installed in 2024. This unit features 5 large bedrooms & 2 bathrooms. Building Amenities include media party room, secure bike storage and on-site laundry. Desirable location for students, close proximity to Universities, LRT, bus routes, grocery stores, bars, restaurants and parks. 91 Walk Score, a "walkers paradise". An opportunity you don't want to miss!
Location
Province ON
County Waterloo
Zoning Residential
Rooms
Family Room No
Basement Other
Kitchen 1
Interior
Interior Features Carpet Free
Cooling Other
Laundry Coin Operated
Exterior
Garage Surface
Garage Spaces 1.0
Amenities Available Bike Storage, Recreation Room
Parking Type None
Total Parking Spaces 1
Building
Locker None
Others
Pets Description Restricted
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