22 JAMES Street, Waterloo ON N2J2S8 Photo 1 22 JAMES Street, Waterloo ON N2J2S8 Photo 2 22 JAMES Street, Waterloo ON N2J2S8 Photo 3

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22 JAMES Street - 22 James is located just steps east of Wilfrid Laurier University, less than a 5 min walk. 22 James is a legal fourplex with 5 self-contained units. Currently all units are fully rented. Coin laundry. Current rents: $700, $850, $950, $980 and $1800 per month. All utilities included. An ideal multiplex in the Heart of the University District. Easy to rent to professionals and students. Located within walking distance to university and Downtown. NOI $7,536, GRM= 12.4 and Cap Rate 5.94%. Excellent zoning MR12 with endless opportunities - see supplement for MR-12 Zoning

Property Details

  • ID: 30558432
  • Storeys: 0
  • County: Canada
  • Style: Other
  • Parking Type Description: None 0 cars
  • Status: Active
  • New Construction: No

Features

Appliances Dryer
Architectural Style 2 Level, Multi-Unit
Basement Development Finished
Basement Type Full (Finished)
Cooling Type None
Equipment Type None
Exterior Finish Brick
Features Laundry- Coin operated, Paved driveway
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Hot water radiator heat
Other Fireplace Present - False
Rental Equipment Type None
Sewer Municipal Sewage System
Soil Type Sand/gravel
Transaction Type For sale
Listed By PEAK REALTY LTD.