Waterloo, N2L 0K2
$355,000
Listed by SUTTON GROUP - SELECT REALTY.
Prime Investment Opportunity Turnkey University Area Apartment!Discover an incredible investment opportunity in a newer, high-demand building with a low to no vacancy rate! This fully furnished 450 SF suite is ideally located steps from the University of Waterloo and Wilfrid Laurier University, ensuring a steady stream of tenants.Rental income starts at $2,500/month for this building, making this a lucrative option for investors. The unit comes move-in ready with top-quality suite finishes, Swiss laminate flooring throughout, and a modern kitchen featuring a granite countertop, under-mount double-basin stainless steel sink, and premium appliances. The stylish living space is furnished with a table, couch and TV, while your bedroom is furnished with a bed and a nightstand. This unit comes with all appliances as well including a washer dryer, dishwasher, stove and fridge! The building boasts excellent amenities, including a gym, party/meeting room, and street parking. Quick possession availablesecure this fantastic property today!
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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.