317 Spruce St, Waterloo, ON N2L 3M6, Canada

317 Spruce St, Waterloo, ON N2L 3M6, Canada
$ 1,600,000.00

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Quick Info

MLS #: 40167872 Post Updated: 2021-11-23 05:08:04 Bedrooms: 15 LotSizeDimensions: 125 x 55.09
BuildingAreaTotal: 2353 Year built: 1954 Status: Type:


Over $98,400+ Annualized Gross Income Available Here! Cash Flow Machine!

This meticulously maintained, owner-managed, triplex features a 2097 square foot purpose-built addition with generously sized bedrooms and common space.

Located about a five minute walk to WLU and a fifteen minute walk to UW, this is a turn key, rental licensed, city approved opportunity. Three 5 bedroom units. This building comes to you fully rented. A lot of arrows up here: note three electricity meters, three gas meters, moisture sensing fans in all bathrooms, life safety systems annually inspected, and in suite laundry. This building comes complete with good, clean tenants. Some furnishings are seller provided.

Located in investor-desirable Northdale, this opportunity should provide better than average yield – today – and in years to come!
With both universities fully open for January, this makes for a tremendous re-opening investment!

Let me make your financial analysis of this opportunity easy! Investor work sheet available to show how this positive cash flow property can work for you! Let me e-mail it to you.

Rooms & Units Description

  • NumberOfUnitsTotal: 3

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Location & Schools

  • MLSAreaMajor: 4 - Waterloo West
  • MLSAreaMinor: 417 - Beechwood/University
  • CountyOrParish: Waterloo
  • CrossStreet: Spruce and Hickory,
  • Directions: Spruce and Hickory, short walk to WLU
  • HighSchool: Waterloo Collegiate And Vocational Institute
  • Coordinates: -80.527151, 43.479031
  • Zoning: NMU-12

Property Details

  • AboveGradeFinishedArea: 2353
  • AboveGradeFinishedAreaUnits: Square Feet
  • BelowGradeFinishedAreaUnits: Square Feet
  • StoriesTotal: 2
  • ConstructionMaterials: Brick, Vinyl Siding
  • DirectionFaces: West
  • AcresRange: < 0.5

Property Features

  • LotFeatures: Urban, Rectangular, Ample Parking, Library, Place of Worship, Public Transit, Schools
  • SecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • LaundryFeatures: In-Suite
  • InteriorFeatures: Separate Hydro Meters
  • Appliances: Microwave, Dryer, Refrigerator, Stove, Washer
  • Basement: Walk-Up Access, Full, Finished
  • FoundationDetails: Poured Concrete
  • Roof: Asphalt Shing
  • FrontageLength: Lot Front(55.09)
  • FrontageType: West
  • Cooling: None
  • HeatingYN: 1
  • Heating: Forced Air, Natural Gas, Water
  • ParkingTotal: 3
  • OpenParkingYN: 1
  • OpenParkingSpaces: 3
  • ParkingFeatures: Asphalt
  • Sewer: Sewer (Municipal)
  • WaterSource: Municipal

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317 Spruce St, Waterloo, ON N2L 3M6, Canada. MLS 40167872. This style property is located in Waterloo is currently . This property is listed at $ 1,600,000.00. It has 15 beds bedrooms, bathrooms. The property was built in 1954 year.

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