For Sale - 334 King Street, Waterloo, Ontario

Est payment $11,396/mo
Views   1
Time on Jump  28 day
  • Investment opportunity with a purpose-built tri-plex featuring 15 bedrooms.
  • Located in the heart of Uptown Waterloo, close to universities.
  • Currently generating over $117,000 in net operating income.
  • Includes finished basement unit with additional facilities and laundry.
  • Four dedicated parking spots available at the rear of the property.



Fantastic investment opportunity, welcome to 334 king st n in waterloo! Special built tri-plex licensed with 15 bedrooms, one 3 piece and one 4 piece bath per unit. Heart of uptown waterloo, short walking distance to the university of waterloo, laurier and conestoga college's waterloo campus!! Purpose-built in 2008 student rental property currently generating noi of over $117,000, offering an impressive 5. 1% cap rate. Vendor take-back (vtb) financing is available for qualified purchasers. The property features a finished basement unit, with a workshop, server room, laundry (coin) room and office. Four parking spots at the rear. Each unit is separately metered for hydro and gas. Rare opportunity to own a secure, stylish, and ideally located investment in one of kitchener's most sought-after neighborhoods.
Listing IDX12553318
Address334 King Street
CityWaterloo, Ontario
Price$2,299,000
Bed / Bath16 / 5 Full
Style3-Storey, Detached
ConstructionBrick
Land Size565.7
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Separate Heating Controls, Separate Hydro Meter, Storage, Water Softener, Water Purifier, Water Heater, Ventilation SystemAmenities Fenced Yard, Public Transit, School, School Bus Route, Rec./Commun.CentreOwnership FreeholdBasement Finished, Walk-UpFoundation OtherHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  RE/MAX REALTRON REALTY INC.
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334 King Street
Waterloo , Ontario
16 5 $2,299,000
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