Office: (519) 885-0200

Cell: (519) 498-3274

charlene4realestate@rogers.com


LOADING

70-72 Waterloo Ave Guelph, Ontario N1H 3H5

7187 sqft
Fully Air Conditioned

$3,555,000

$215,640 Gross Income !. Welcome to an extraordinary investment opportunity in the heart of Guelph! This income property guarantees unmatched returns and boasts a rare 4-plex featuring a total of 20 rooms and 8 bathrooms. With written leases in place, the property not only generates incrediable income but also presents further upside potential through tenant turnover and valuation. Situated in close proximity to Guelph's vibrant downtown, transit options, and the prestigious University of Guelph, this property is a prime choice for students seeking spacious and comfortable living accommodations. recent renovations in 2020 - including expansive kitchens, updated electrical systems, lighting, new furnaces, painting, flooring, interior doors, insulation in basement, landscaping and walkways. Enjoy modern comforts with the addition of central air units, while the 2021 upgrades to exterior doors and windows enhance energy efficiency and security.**** EXTRAS **** Projected Proforma for May 1st, 2024 ( 72A new lease May 1, 2024, 70A, 70B & 72B 2.5% rent increase will be given for May 1, 2024). Rental increases will be given early February 2024. 2 Washers 2 Dryers coin op on a Lease, $130 per month. (id:39993)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X7365456
Property Type Multi-family
Community Name Central West
Amenities Near By Public Transit
Parking Space Total 7

Building

Cooling Type Fully Air Conditioned
Fireplace Present No
Size Interior 7187 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Irregular 55 X 116 Ft
Size Total Text 55 X 116 Ft

https://www.realtor.ca/real-estate/26369864/70-72-waterloo-ave-guelph-central-west

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Mila Kolovic
Salesperson

(519) 570-4447

Keller Williams Innovation Realty
640 Riverbend Dr Unit B
Kitchener, Ontario N2K 3S2

(519) 570-4447
www.kwgtr.com/

Choose Charlene Cardow as your real estate agent in Kitchener-Waterloo and surrounding areas!

RE/MAX Twin City Realty inc.
83 Erb Street West
Waterloo, Ontario
N2L 6C2, Canada
Visit Office Website

Phone: (519) 498-3274

Email: charlene4realestate@rogers.com

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