347 Spruce ST Active

Waterloo,ON N2L 3M6

$ 4500000

- Bed

- Bath

7000 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $642

MLS Listing ID X12064543

Building Age 16-30

Annual Tax Amount $31,278

Tax Year 2024

Property Sub-Type Investment

Property Description

What a great investment opportunity! 100% occupancy, The property is a student residence. There are 11 units and a total of 35 bedrooms at 347 Spruce St. There are 1x 3 bed/Kitchen/ Living/ 1 bath (3 beds); 6x 2 beds/Kitchen/ Living/1 bath (12 beds); and 4x 5 beds/Kitchen/ Living/ 2 bath (20 beds). Walking distance to Wilfrid Laurier University. Located 16 minutes walk to Wilfrid Laurier, Waterloo. It is also near University of Waterloo and University of Guelph. The property is near Kitchener/Waterloo Airport, located 21.4 kilometres or 25 minutes away (drive). Ideally located between both Wilfred Laurier University and University of Waterloo.

Location

Province ON

County Waterloo

Area Waterloo

Zoning Residential

Interior

Cooling Yes

Inclusions excluding the tenant's belongings

Exterior

Parking Features None

Utilities Available Available

Building

Lot Description Lot

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