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Faye KITZMAN
Sales Representative
519.588.0141
Kevin KITZMAN
Licensed Assistant
519.240.9193
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Re/Max Real Estate Centre Inc., Brokerage
Twin City Brokerage Inc., Brokerage*
1400 Bishop St, Cambridge ON
901 Victoria St. N., Kitchener ON
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ID#: 30713005 Status: For Sale

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$2,400,000
Location:

158 Erb Street E, Waterloo Ontario

158 Erb Street E, Waterloo Ontario
Description:
student rental investment opportunity for the savvy and experienced investor who recognizes potential, and can embrace small challenges and take this property to the next level. 12 apartments x 3 rooms ea = 36 rooms in total to collect rent!! one apartment is currently vacant and having a 'makeover' to showcase the potential of what each of these apartments can become over time. once complete, higher rent rate will be warranted and the new landlord can name their price. the location is ideal for students attending wilfred laurier and university of waterloo. there is never a shortage of students looking for accommodation. also conveniently located to many student necessities, wal-mart, sobey's, shoppers drug mart, lcbo, restaurants, and coffee shops. however, just don't limit yourself to just students, with 12 - 3 bedroom apartments - open up your tenant profile to small families and/or young professionals. check it out and think big.....look into the future and see the potential.
Property:
Type: Residential
Lot Dimensions: Irregular Acreage: Under 0.5 Acres
Sewer: Sewer
Structure:
Type: 12+ Units
Square Footage: 11000
Heating: Gas, Radiant
Exterior: Brick
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158 Erb Street E, Waterloo Ontario

Twin City Realty Inc. Brokerage*


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The above information is believed to be accurate but is not warranted.
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademark DDF® is also owned by CREA and identifies CREA's Data Distribution Facility (DDF®). The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
**Broker *Sales Representative