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Home ON Kitchener - Cambridge - Waterloo Waterloo Beechwood
392 ERB ST W
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$1,650,000
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392 ERB ST W
Waterloo, Ontario N2L1W6

MLS® Number: X5273371
9 + 5
Bedrooms
5
Bathrooms
-
Square Feet

Listing Description

Fully Leased & Reno'd 4-Plex In Desirable Waterloo. Close Proximity To The Universities, Highway Access And Dt Waterloo. Features Two 5 Bed Units, One 4 Bed Unit, And A Bachelor. Current Gross Monthly Rental Revenue Of $8,550 Results In Projected Annual Noi Of $77K And Is Priced At An Approximate 4.7% Cap Rate. Current Owner Invested In A New Roof, Attic Insulation, All Windows & Doors, Parking Lot Extension, Sub-Metering, Fire & Life Safety Systems.**** EXTRAS **** The Owners Also Made Substantial Renos To Each Suite With High-End Finishes Throughout, Including New Kitchens (Cabinets, Undermount Sinks, Hard-Surface Countertops, S/S Appliances, New Bathrooms, In-Suite Laundry And Flooring Throughout. (9150559)

Property Summary

Property Type
Single Family
Building Type
Fourplex
Storeys
2
Land Size
60 x 190 FT
Annual Property Taxes
$8,004
Total Parking Spaces
8
Time on REALTOR.ca
1388 days

Building

Bedrooms
Above Grade
9
Below Grade
5
Bathrooms
Total
5
Interior Features
Basement Type
Full (Finished)
Heating & Cooling
Heating Type
Forced air (Natural gas)
Exterior Features
Exterior Finish
Brick, Stucco
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Public Transit, Schools
Parking
Total Parking Spaces
8
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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