Description
A rare three-property land assembly in one of the closest residential pockets to Wilfrid Laurier University. Steps to campus and situated on a direct GRT bus route to the University of Waterloo, this is one of the most convenient student-housing locations in the city. The assembly is currently configured for 22 rooms across the three properties, arranged as 6 separate self-contained units, each with its own bathroom, kitchen and common area a proven, income-generating layout with exceptional walkability to both campuses, transit, shopping and amenities. With future development potential on a very manageable scale a sensible, achievable build rather than an outsized or overly ambitious project, with possible expansion to neighbouring properties this is an outstanding holding for investors and developers seeking scale, steady student-rental income, and long-term appreciation in Waterloo's University District. 262,264,266 Hazel must be purchased together.
Details
| MLS # | 40847948 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 42 |
| Listing Provided By | RE/MAX Real Estate Centre Inc. | Dan Openshaw |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 1 |
| SQ Feet | 1,685 |
| Basement | Y |
| Story(s) | 1 |
| Units | 2 |
| Zoning | (H)RN-6 |
Interior
| Interior Features | None |
|---|---|
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Laundry Features | Other |
Exterior
| Lot Features | Schools, Shopping Nearby |
|---|---|
| Construction Materials | Vinyl Siding |
| Roof | Asphalt Shing |
| Security Features | Smoke Detector |
Parking
| Open Parking Yes / No | Yes |
|---|
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 10412 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Waterloo |
| Postal Code | N2L 3N9 |
| Area | 4 Waterloo West |
| Subarea | 417 Beechwood | University |
| Community Name | 417 Beechwood/University |
| Listing VS Median (in 417 Beechwood/University) | |
Price: $1,296,000 low | high Med: $393,500 sqft: 1,685 low | high Med: 607 $ / sqft: $769 low | high Med: $656 On site: 42 low | high Med: 55 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Waterloo |
| Postal Code | N2L 3N9 |
| Area | 4 Waterloo West |
| Subarea | 417 Beechwood | University |
| Community Name | 417 Beechwood/University |
| Listing VS Median (in 417 Beechwood/University) | |
Price: $1,296,000 low | high Med: $393,500 sqft: 1,685 low | high Med: 607 $ / sqft: $769 low | high Med: $656 On site: 42 low | high Med: 55 | |
