Uncover an extraordinary student rental investment opportunity at 400 Albert St, Waterloo. This property is a rare multi-unit treasure that holds immense financial potential for savvy investors. Comprising an impressive 109 units, this real estate gem features a diverse mix of accommodations, including 26 spacious 4-bedroom units, a generous 3-bedroom unit and a cozy 2-bedroom unit. The location is nothing short of ideal, situated just 1 kilometer from the renowned University of Waterloo, 950 meters from Wilfrid Laurier University and a short 2.1 kilometers from Conestoga College.
What sets this property apart from the competition? It's the unique combination of factors that make this investment a standout.
First, the numbers: The current rental rates are already attractive for seasoned investors seeking to calculate cap rates and cash flow returns. These figures alone would capture the attention of any investor. However, what truly elevates this investment to the next level is the fact that these rents are currently below market value. This presents a golden opportunity for savvy investors to maximize their long-term returns.
Long-term potential: Beyond the immediate financial gains, the long-term potential of this investment is where it truly shines. With tenant turnover rates approximately 25-35% per year, you have the unique advantage of adjusting rents upward as turnover occurs, thereby optimizing your income. This not only ensures a steady cash flow but also allows you to offer quality housing to students from three prestigious institutions, enhancing the desirability of your units in the long run.
These real estate investment opportunities are rare. The potential for substantial returns, both now and in the future, makes 400 Albert St an essential addition to your investment portfolio.
Act quickly, book a showing and secure this ticket to supercharging your real estate portfolio and unlocking a future filled with financial success and growth.More details
Developers and builders, bring your creative vision to downtown Kitchener. This well maintained and carefully managed 17-unit multifamily property (all one bedroom apartments) is set on just over one-half of an acre (.503 acres) directly across from City
Hall and beside the Central LRT station. With highly flexible D-5 zoning, this site could potentially house a 30+ storey high-rise residential tower someday. Ask for a copy of our land use study from LandPro highlighting this opportunity. Only a 600m walk to the future Waterloo Region transit hub, 400 m to Gaukel and Victoria Park, 750m to the Central library while the arts and entertainment of downtown Kitchener are all on the doorstep. Meanwhile, investors can make use of the excellent holding asset in the 17-unit building which generates solid income as plans are laid.More details
Award Winning Building That is Located in a Prime Downtown Kitchener Location. This Building is Currently Leased out with Seven (7) Office Units but can be Leased to Retail Tenants as it is Zoned Commercial. Very High Parking Ratio and the Building is Completely Handicapped Accessible with Automatic Entrance Doors and Elevator Service to all Floors. The Basement Level is Currently Used for Tenant Storage.More details
Free standing 39,335 square foot industrial building on 4.699 acres with surplus land for warehouse / manufacturing expansion in Cambridge with attractive heavy industrial zoning featuring fenced compound and outside storage, crane bay and swing cranes, variable ceiling heights, grade and dock level loading as well as drive in doors of variable sizes. Four existing short term tenancies provide for an investment opportunity or full occupancy for an individual user. Existing environmental site assessment available demonstrating compliance with MOE standards. Alternatively, as a development opportunity, the property located within an Official Plan designated Regeneration Area. A municipal site plan pre-consultation application for twelve (12) semi-detached residential lots and 2.36 acre six story (60 Unit) mid-rise residential apartment building has been proposed to transition the property from industrial to residential. Additional details available for the Listing Agent. Site Plan inclusive of Pre-Consultation Remarks (Attached)More details
Calling all astute real estate investors! Here's your ticket to unlock a remarkable student rental investment opportunity at 419 Hazel Street. This property shines with 46 units, including 15 sought-after 3-bedroom units and a cozy 1-bedroom unit. Its location, just 1.2 kilometers from the University of Waterloo, 1 kilometer from Wilfrid Laurier University, and 2.0 kilometers from Conestoga College, positions it as a prime player in the lucrative student housing market.
But what truly sets this property apart is the growth potential this investment holds. The current rental rates are already enticing, making it an excellent prospect for calculating cap rates and cash flow returns. However, here's where the real opportunity exists: the rents are presently below market value with a turnover of 20-30% annually. This presents a distinct and unparalleled opportunity for investors like you to elevate your long-term returns.
Picture this: as tenants naturally turnover, you have the unique ability to gradually adjust rents to align with market rates. This strategic move ensures progressively increasing cash flow over time, essentially turning this property into a cash cow.
In a market where listings for student housing are as rare as this one, seizing this chance to invest in the future is not just a recommendation; it's a financial imperative. Act decisively to incorporate this gem into your investment portfolio, and witness your returns flourish as the market catches up with your astute investment strategy.
Investors, take note – this is your ticket to success in the thriving Waterloo student rental market. Don't let this opportunity slip away. Take the next step to delve deeper into this exceptional investment opportunity, and let's pave the way for your prosperous future in real estate.More details
18,032 SF industrial unit available for lease in an excellent Cambridge location. Featuring approx. 2,400 SF of office space, 2 dock doors, 1 drive-in door and 11'6"-14'6" clear height. Fully air-conditioned and 50 exterior parking spots available. 600 Amp/600 Volt electrical service. M3 Zoning allows wide variety of industrial uses. Central location close to Highways and many amenities available nearby.More details
Discover 890 Gasglow St in the Beechwood area of Kitchener – The Medical/professional building is located in a "Community Node and allows for both commercial and residential use. The medical/dental professional offices make for a great tenant mix. The location offers a sprawling 0.95-acre lot positioned at the corner of Fisher Hallman and Glasgow st, which offers excellent visibility for your business or tenants. With easy access to major routes, the property enjoys an enviable area of influence, making it an ideal choice for businesses seeking growth, or future development. There is an abundance of parking spaces for 40+ vehicles, guaranteeing convenient and hassle-free access for your valued customers. In addition, the property's accessibility via public transportation further enhances its potential as a thriving commercial hub. Capitalize on this exceptional chance to establish or expand your business in this high-potential area.More details
$318,900+ Effective Gross Annual Income Available Here!
Modern, Purpose Built Eightplex steps to WLU’s Science Building and Athletic Building! Throw a football and hit campus from here! Prime Prime Prime Location.
Written leases. Exceptionally well-maintained, owner-managed rental operation. Separate electric and gas meters. Two full bathrooms per unit. In-suite laundry. Large common areas. All tenants on written lease. This is a Cash flow positive opportunity based on contemporary financing. Nothing to do here but collect good rents – with a further opportunity to increase income even more on re-rental! This is ideal for the veteran rental housing service provider that takes great comfort in operating buildings that are in extreme proximity to campus. Owned/enjoyed by same investment group for last seven years. Now its your turn!
Let's set up a private showing - today!More details
Great turn-key development project in the Waterloo University district! Assembly of 2 single detached houses: 309 & 311 Hawthorn St. Development of a six (6) storey multi-unit apartment building containing fifty-five (55) residential dwelling units, eighty (80) bedrooms, twenty-two (22) parking spaces, and thirty-eight (38) bicycle parking spaces. OPA/ZBA application targeted for Jan 2024 council approval. Situated just a short walk from King Street and Wilfrid Laurier University campus, this location is only minutes away from the University of Waterloo. It also enjoys close proximity to various Grand River transit stops and routes, offering convenient access to Uptown Waterloo and major commercial nodes. Package includes all drawings and reports for city permit.More details
Beautiful Post/Beam Building - Prime Location In Historic Downtown Galt/Cambridge. 37,000 Sq. Ft. Of Flex Space Is Perfect To Showcase Your Business Or To Hold As An Investment For The Future. With the launch of the nearby Gaslight District a 37-Storey condo approved just steps away momentum is building for further revitalization in the core taking it back to its thriving past! Join The Downtown Renaissance! Book Your Showing Today!More details
Nearly $240,000 Effective Gross Income Available Here! This sixplex apartment building features spacious units with oversized bedrooms, and massive common areas. Two full bathrooms per unit with in-suite laundry. This opportunity is owner built and owner managed - and it shows. Very clean, professional, organized, turn key operation. Individual meters for electricity and gas. Ample parking with most of the spots covered.
Great central location with close proximity to University of Waterloo, Uptown Waterloo, Waterloo Park and TNT Grocery Store. Rental-licensed exempt building!
Investor work sheet with full financials applied to contemporary financing available! Solid investment opportunity in one of the Perennially Best Towns in Ontario to Invest In!More details
High profile, Downtown Galt, freestanding building. Located right at the corner of Main and Wellington St. This 6462 square foot building has huge potential, currently used as Commercial retail space on the main level, it has approximately 3300 square feet of upper floor space (currently used as storage) which permits residential and/or commercial development. The main floor is one continuous space but could be easily divided as there are two separate gas services and 2 separate hydro services. Each level also has 2 washroom facilities. Close to public parking, transit, restaurants, banks, shopping, City Hall and Downtown River trails. This building is also available for Lease.More details
Listed by ROYAL LEPAGE CROWN REALTY SERVICES INC. - BROKERAGE 2
Data was last updated December 5, 2023 at 05:50 AM (UTC)
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