616 Silverbirch Rd

Waterloo | | N2L 4R5
  • 18105.0 sqft
  • 0 gar

$2,099,000

Est. Mtg $7,117 /mo
  • Days on market

    94

  • Status

    A

Listing Broker Royal LePage Wolle Realty
Since listed: 1 views

Home details

MLS #:

X8207104

Property type:
Investment
Style:
Taxes:
$21,895
Possession:
Immediate
Condo Fee:
Lot Size:
80.0 X 213.0
Zoning:
RMU-40
Use:
Apts-6 To 12 Units
Heat:
Gas Hot Water

Description


616 Silverbirch Rd, , Waterloo, Ontario is a Investment property in Waterloo and in the community in the N2L 4R5 postal code


SOLID and Well cared for purpose-built 9-PLEX. GREAT Multi-Family Investment Property with outstanding income & 4.8% Cap rate. All units occupied. RMU40 zoning, concrete construction comprised of 8x2 bedroom units and 1x1 bedroom unit. Gas boiler heat, one hydro meter. 13 parking spaces. Assumable fixed rate mortgage for 2.5 years at 3.09%!!! Excellent turn-key investment in great area close to ION transportation, access to Highway 7/8, Universities, Conestoga mall shopping, amenities and parks. The location does not get much better than this in Waterloo Region. Reach out to Listing Realtors for a copy of financial brochure..

Extras

**INTERBOARD LISTING: WATERLOO ASSOCIATION OF REALTORS**Gross income of $153.000/Net income $102,172/4.85% CAP rate.



Payment calculator

$8941 monthly. In association with: TD Bank
%
  • Principal and Interest
    7117 /mo
  • Property Taxes
    $1824 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mimmo Galatti, Realtor

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