264 Hazel Street, Waterloo, ON N2L 3N9

$1,296,000
8
BD
2
BA
1,500
SqFt

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List Price
$1,296,000
MLS#
X13585054
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
1 1/2 Storey
Bedrooms
8
Bathrooms
2
Living Area
1500-2000
Province
ON
Municipality
Waterloo
Area
Waterloo
Subdivision
Beech 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.

Additional Information

Taxes
$10,412
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Kitchens
2
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..