264 HAZEL Street, Waterloo, Ontario N2L3N9

Listing courtesy of RE/MAX Real Estate Centre Inc..

$1,296,000
8
BD
1
BA
1,685
SqFt

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List Price
$1,296,000
MLS®
40847948
Days on Market
6
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
8
Bathrooms
1
Living Area
1,685
Subdivision
417 - Beechwood/University

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. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
417 - Beechwood/University
Parking Spaces
4
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Heating
Forced air
Total Number Of Units
2
Stories
1

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Calculator source: Real Geeks