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84 - 88 JOHN Street W, Waterloo, Ontario

$1,399,000

9 Beds
3 Baths
4,220 Square Feet

PREMIUM UPTOWN WATERLOO! This John Street West, located triplex with an additional basement helper, is ideal for owner-occupied use, investment or multi-generational family living opportunity! Location is everything in real estate, and here we are located perfectly between Belmont Village and Uptown Square. This property offers occupants easy accessibility to all amenities, including the LRT transit, local eateries and boutique shopping, all of which are just a short walk away. Featuring: Dedicated garage and driveway space for each unit (3 garages); Separate hydro meters and separate water meters. Each townhouse-style unit is large and spacious, and as an investor, you'll never experience vacancy here - location, finishes and offerings have attracted long-term AAA tenants! Two units are currently vacant and ready for rent or occupancy! Projected Gross Rent Income at $93,960/year, giving investors an attractive 5.8% gross cap rate in an ultra-desirable location. Contact the listing agent for further details or to book a viewing. (id:23309)

Listing ID: 40653285
Property Type: Multi-family
Year Built: 1920

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Details

Amenities Nearby: Hospital, Park, Playground, Schools, Shopping
Community Features: Quiet Area, Community Centre, School Bus
Features: Southern exposure, Sump Pump
Ownership: Freehold
Parking Spaces: 6
Transaction: For sale
Zoning Description: R4

Building

Appliances: Window Coverings, Garage door opener
BasementType: Full (Finished)
Basement Development: Finished
Constructed Date: 1920
Cooling: None
Exterior Finish: Brick
Fireplace Present: False
Foundation: Poured Concrete
Bathrooms (Total): 3
Heating Fuel: Natural gas
Size Interior: 4220 sqft
Stories Total: 3
Type: Triplex
Utility Water: Municipal water

Land

Access Type: Highway access
Amenities: Hospital, Park, Playground, Schools, Shopping
Sewer: Municipal sewage system
Size Frontage: 40 ft

Listing provided by RE/MAX SOLID GOLD REALTY (II) LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 84 - 88 JOHN Street W in Waterloo Ontario. It was last modified on October 4th, 2024. Contact the Team Vadala to schedule a viewing or to discover other Waterloo real estate for sale.

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