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$549,900
521
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Apartment/Condominium
Levels Residential
Size -
Garage Yes
Maintenance Fees $841
Taxes $4,034
Approx. Age 
MLS® Number X12284758

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

SOLD FIRM. Positive Cash Flow opportunity in the heart of Waterloo! This fully leased 5-bedroom, 2-bathroom condo unit at 392 Albert Street, Unit 204 offers a rare opportunity to own a high-performing rental property just minutes from the University of Waterloo and Wilfrid Laurier University. Currently rented, this property generates a strong annual income of $48, 000.Inside, the unit features a modern kitchen complete with maple cabinetry, a double sink, and included appliances: fridge, stove, and dishwasher. The open-concept living and dining area is spacious and bright, enhanced by a Juliette balcony with west-facing exposure that brings in plenty of natural light.Each of the five bedrooms is generously sized and comes fully furnished with a bed, desk, and chest of drawers, making this a truly turnkey investment. The unit includes two full bathroomsone 3-piece and one 4-pieceoffering convenience for shared living.Additional highlights include durable vinyl plank flooring throughout (completely carpet-free), hydronic hot water heating, a sprinkler system, intercom access, and deadbolts on all bedroom doors for added safety and privacy.This low-maintenance condo is ideally suited for turn key income and offers excellent long-term rental potential in one of the perennially best rental markets in Canada.Show Description
MLS® NumberX12284758
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCoin Operated, Laundry Room, Outside
Exposure
Exterior
GarageYes
Approx. Age
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Fan Coil
A/CCentral Air
Heating Fuel

Extras

Rooms

Show Details
Living Room:Main20.64 × 12.9 ft

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