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 $11,396/mo
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    Time on Jump  35 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.
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    334 King Street
    Waterloo , Ontario
    7 $2,299,000
    Get more info