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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    Views   1
    Time on Jump  28 day

    AI Summary *

    • Licensed tri-plex with 15 bedrooms, perfect for student rentals.
    • Located in the heart of Uptown Waterloo, close to universities.
    • Finished basement includes laundry, office, workshop, and server room.
    • Currently generating over $117,000 in net operating income.
    • Four parking spots available at the rear for convenience.




    Welcome to 334 king st n in waterloo! Fantastic investment opportunity, licensed student rental tri-plex 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 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 IDX12669782
    Address334 King Street
    CityWaterloo, Ontario
    Price$2,299,000
    Bed / Bath16 / 5 Full
    Style3-Storey, Duplex
    ConstructionBrick
    Land Size565.7
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor 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
    Get more info