22 James Street, Waterloo, Ontario

$1,599,000

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10

Beds

6

Baths

About 22 James Street

Discover an exceptional investment opportunity in a vibrant Waterloo neighbourhood. This multiplex offers strong, dependable cash flow with over $80K in annual gross rental income, while providing excellent potential for future rental growth. The property comprises five self-contained apartments with a total of 10 spacious bedrooms and 5 full kitchens, making it an ideal addition to any investment portfolio. Offering peace of mind for both owners and tenants, the building is equipped with a hard-wired fire alarm system throughout all units and common areas. Positioned in a prime location just steps from Wilfred Laurier University, University of Waterloo, Conestoga College and vibrant Uptown Waterloo, the property benefits from consistent demand from students, faculty, and young professionals alike. Residents enjoy convenient access to the ION Light Rail, Waterloo Park, shopping, grocery stores, cafés, restaurants, fitness centres, entertainment venues, and the region's thriving technology corridor, home to many of Canada's leading employers. This property offers a compelling opportunity to increase revenue over time while benefiting from long-term appreciation. Whether you're expanding an established portfolio or acquiring your first multi-residential asset, this turnkey investment combines immediate income, future upside, and an unbeatable location. (id:6289)

More Info on this Fourplex MLS® listing

22 James Street is a fourplex listing for sale in Waterloo. The MLS® number is X14163818. It features 10 bedrooms, 6 bathrooms. It's currently listed for $1,599,000. For more details on MLS® X14163818, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in Waterloo is available now!

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Features of 22 James Street

Listing # X14163818
Price $1,599,000
Bedrooms 10
Bathrooms 6.00
Half Baths 1
Type Multi-family
Sub-Type Fourplex

Community Information

Address 22 James Street
City Waterloo
Province Ontario
Postal Code N2J2S9

Amenities

Features Irregular lot size
Parking Spaces 6
Parking Garage
Garages Garage
Is Waterfront No
Has Pool No

Interior

Appliances Window Coverings, Water Heater
Heating Baseboard heaters, Electric
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement No
Basement Apartment in basement, N/A

Exterior

Exterior Brick
Lot Description 76 x 90.6 FT
Foundation Poured Concrete

Listing Details

OfficeSAM MCDADI REAL ESTATE INC.

Listing Map

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