Estimated Cash Flow
$1,597.00/ month
Asking Price
$999,900.00
Potential Rent
$7,875.00/ month
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KL737089 Kitchener/Waterloo

$94,500+ Scheduled Gross Annualized Income Available here! Fully rented with leases in place until at least August, 2019. Generous positive cash flow, purpose-built, student triplex that features three, City Approved Class D2 rental licenses for five rental bedrooms per unit! 15 rental bedrooms total! Turn Key operation. Tens of thousands of dollars spent in recent updates including: modernized kitchens with granite countertops, dishwashers and contemporary white kitchen cabinetry. New laminate flooring throughout common areas and hallways, recently rebuilt side staircase/deck, professionally landscaped exterior, freshly painted units and hallway, new air conditioning units. Located on oversized lot with a large parking lot in the rear. Coin laundry. Four separate electrical meters. Each unit has its own water heater. Walk Score of 90 (Walker's Paradise) means this property is situated close to everywhere your tenants' want to be - WLU, Uptown and transportation! Located in one of the Perennially Best Cities in Canada to invest in. Let me e-mail you an investor work sheet to show how this opportunity can work for you!

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