See all 8 photos
$4,500,000
Est. payment /mo
7,000 SqFt
New
347 Spruce ST Waterloo, ON N2L 3M6
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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
Lited by RIGHT AT HOME REALTY