view of front facade with a balcony and brick siding Features: fence, lawn, balcony More Photos

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    For Sale - 334 King Street, Waterloo, Ontario

    Est payment $11,040/mo
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    Views   1
    Time on Jump  84 day

    AI Summary *

    • Fantastic investment opportunity with a licensed tri-plex in Waterloo.
    • Close to major universities and colleges, ideal for student rentals.
    • Current NOI over $117,000 with a solid 5.1% cap rate.
    • Finished basement unit with useful spaces like a workshop and laundry.
    • Separate metering for gas and water in each unit for convenience.




    Welcome to 334 king st n in waterloo! Fantastic investment opportunity. Licenced built tri-plexwith student rentalwith 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 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 gas and water. Rare opportunity to own a secure, stylish, and ideally located investment in one of kitcheners most sought-after neighborhoods.
    Listing IDX12668528
    Address334 King Street
    CityWaterloo, Ontario
    Price$2,299,000
    Bath7 Full
    StyleInvestment
    Land Size565.7
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Public TransitBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

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    Listing Agency:  RE/MAX REALTRON REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    334 King Street
    Waterloo , Ontario
    7 $2,299,000
    Get more info