52,734 SqFt
52,734 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 52,734 sqft
Price per Sqft $377
MLS Listing ID 40849492
Abv Grd Liv Area 57,114
Annual Tax Amount $118,000
Property Sub-Type Multi Family
Source Cornerstone
Property Description
The building's art deco character sets it apart from the moment you arrive. From its distinctive art deco facade to thoughtfully designed interiors featuring California ceilings, oversized stairwells and hallways, and custom cabinetry throughout, this is a property built with intention. Purpose-built in 2012 for student accommodation and fully occupied since completion, the diversified unit mix of five-bedroom, four-bedroom, three-bedroom, and two-bedroom suites is tailored for group co-tenancy — keeping turnover low and income highly predictable. Each suite is appointed with generous kitchens featuring dual fridges and a dishwasher, spacious carpeted bedrooms, and full 4-piece bathrooms. Lower-level suites benefit from in-floor heating, while all units are served by central air conditioning and forced air systems for year-round comfort. VTB 2nd may be available for a qualified buyer.
Building amenities are equally well-considered: elevator access, controlled entry, 24/7 CCTV surveillance, an on-site management office to handle tenant needs and maintenance requests, in-building laundry, and both indoor and outdoor parking round out an offering that tenants consistently renew and investors rarely let go.
Location
Province ON
County Waterloo
Area 4 - Waterloo West
Zoning (H)RN-12
Direction University Ave.W. between Sunview St. and Albert St.
Rooms
Basement Full, Finished
Kitchen 0
Interior
Interior Features Separate Heating Controls, Separate Hydro Meters
Heating Forced Air, Radiant
Cooling Central Air
Fireplace No
Appliance Hot Water Tank Owned
Laundry Common Area
Exterior
Roof Type Asphalt
Lot Frontage 141.81
Garage No
Building
Lot Description School Bus Route, Schools, Shopping Nearby
Faces University Ave.W. between Sunview St. and Albert St.
Story 7
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 6
Structure Type Brick Veneer
New Construction No
Others
Senior Community No
Tax ID 223630286
Ownership Freehold/None
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