262 Hazel Street, Waterloo, ON N2L 3N9
- $1,296,000
- 10
- BD
- 4
- BA
- 2,000
- SqFt
- List Price
- $1,296,000
- MLS#
- X13585008
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Triplex
- Style
- 2-Storey
- Bedrooms
- 10
- Bathrooms
- 4
- Living Area
- 2000-2500
- Province
- ON
- Municipality
- Waterloo
- Area
- Waterloo
- Subdivision
- State St.
Property Description
A rare three-property land assembly in one of the closest residential pockets to Wilfrid Laurier University. Steps to campus and situated on a direct GRT bus route to the University of Waterloo, this is one of the most convenient student-housing locations in the city. The assembly is currently configured for 22 rooms across the three properties, arranged as 6 separate self-contained units, each with its own bathroom, kitchen and common area - a proven, income-generating layout with exceptional walkability to both campuses, transit, shopping and amenities. With future development potential on a very manageable scale - a sensible, achievable build rather than an outsized or overly ambitious project, with possible expansion to neighbouring properties - this is an outstanding holding for investors and developers seeking scale, steady student-rental income, and long-term appreciation in Waterloo's University District. 262, 264, 266 Hazel must be purchased together.
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Additional Information
- Taxes
- $11,028
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- None
- Kitchens
- 3
- Exterior
- Vinyl Siding
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 6
- Parking Type
- Private Double
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Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..