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20 - 12 Bridgeport Road E Waterloo, Ontario N2J 2J3

6 Bedroom 2 Bathroom 1599 sqft
None Forced Air

$425,000

Maintenance,

$730 Monthly

Nearly $41,000 Potential Gross Income Available Here! Positive cash flow opportunity with just 20% down - boasting a projected 5 percent cap rate. This is the only 6 bedroom suite in the development! Suite was developed in 2002 utilizing industrial era (1900's) post and beam building shell. Uber cool with true loft feel. Bare naked brick, exposed post and beam, high ceilings. Character abounds! Many recent interior improvements. Bike room, games room and laundry cater to the occupants. Rental licensed, Class Z6 license - City approved. Walk Score of 97 - Walkers Paradise! Close to all amenities tenants desire including two LRT stops, Uptown and its shopping/night life scene, library, Waterloo Park as well as walking distance to both universities. Condo fees $730 per month which include exterior maintenance, water, garbage removal and a parking spot. Airbnb is permitted in this development. REALTOR.ca consumers - click on Brochure icon below for investor work sheet which has full financials, combined with contemporary financing, to show how this opportunity can work for you! Written lease in place to end of April. (id:30922)

Property Details

MLS® Number 30813511
Property Type Single Family
Amenities Near By Public Transit, Recreation, Schools, Park
Community Features Community Centre
Equipment Type Water Heater
Features Park Setting, Park/reserve, Paved Driveway, Laundry- Coin Operated
Parking Space Total 1
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Party Room
Appliances Refrigerator, Stove
Basement Type None
Constructed Date 2002
Construction Material Wood Frame
Cooling Type None
Exterior Finish Brick, Stucco, Wood
Fireplace Present No
Foundation Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1599 Sqft
Type Apartment
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit, Recreation, Schools, Park
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Description U1-81

Rooms

Level Type Dimensions
Second Level Bedroom 9' 8'' x 14' 9''
Second Level Bedroom 9' 11'' x 14' 10''
Second Level Bedroom 9' 6'' x 11' 5''
Second Level Bedroom 13' 4'' x 11' 3''
Second Level 3pc Bathroom 5' 5'' x 4' 11''
Ground Level Master Bedroom 13' 5'' x 11' 1''
Ground Level Living Room 10' 0'' x 13' 1''
Ground Level Kitchen 13' 0'' x 12' 1''
Ground Level Bedroom 9' 5'' x 14' 11''
Ground Level 3pc Bathroom 5' 10'' x 5' 6''

Utilities

Water Available
Interested?






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