Waterloo, N2J 2J3
$569,000$000000
Listed by KELLER WILLIAMS EDGE REALTY.
Calling all Investors or Parents of students studying locally! City approved student rental, 5 bedrooms may generate $48,000+ Gross Income per year. Originally a boot & shoe factory in the early 1900's this building was converted to loft style residential living, keeping character of the industrial era. Exposed brick & beam give this building a trendy cool vibe, any renter will love. $45,000 was spent to completely renovate this unit in 2018, including new kitchen, appliances, bathrooms, and new furnace installed in 2024. This unit features 5 large bedrooms & 2 bathrooms. Building Amenities include media party room, secure bike storage and on-site laundry. Desirable location for students, close proximity to Universities, LRT, bus routes, grocery stores, bars, restaurants and parks. 91 Walk Score, a "walkers paradise". An opportunity you don't want to miss!
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The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.