An exceptional investment opportunity in the heart of Waterloo's thriving university district! This bright and functional 1+1 bedroom, 1 bathroom condo is steps From The University Of Waterloo and Wilfrid Laurier University. The property offers amazing amenities including; fitness centre, basketball court, theatre room, games room, multiple study lounges, and on site retail along with amazing proximity to restaurants and shopping. Whether you're looking to expand your investment portfolio, purchase your first income property, or looking for your kind, this unit offers outstanding rental potential in one of the region's strongest student housing markets. The building has historically experienced nearly 0% vacancy, providing investors with confidence in consistent rental demand and reliable cash flow. Designed for hassle-free ownership, the property also benefits from professional management, offering a stress-free investment experience with minimal day-to-day involvement. Don't miss your chance to own a turnkey investment in a prime location with proven rental performance, exceptional demand, and the convenience of low-maintenance, professionally managed ownership. Already rented through to 2027, however, vacant possession can be provided if sold before the end of August.
| MLS # | X13551686 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $323 |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 54 |
| Listing Provided By | IREP REALTY INC. | X13551686 283200 |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 |
| Interior Features | None |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Laundry Features | In-Suite Laundry |
| Construction Materials | Brick |
|---|
| Garage Yes / No | Yes |
|---|
| Tax Annual Amount | 3523.36 |
|---|---|
| Tax Year | 2026 |
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Waterloo |
| Postal Code | N2L 3W9 |
| Listing VS Median (in N2L 3W9) | |
Price: $429,000 low | high Med: $0 On site: 54 low | high Med: | |
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Waterloo |
| Postal Code | N2L 3W9 |
| Listing VS Median (in N2L 3W9) | |
Price: $429,000 low | high Med: $0 On site: 54 low | high Med: | |