101 Marshall Street, Waterloo, Ontario
Licensed and updated, this turn key student home is two blocks from WLU's main campus and a fifteen minute walk to UW. Close to main transit route. Short walk to student staples such as pizza, beer and groceries (Sobey's Plaza). Licensed for nine students (five and four), each unit is multi-level. Gleaming hardwood in main floor unit and vaulted ceiling in common room. Lower unit features newer kitchen and bathroom. Property is zoned MR-6 zoning which may be conducive to redevelopment (subject to GRCA approval). May be bought as is or in conjunction with adjacent properties. Survey dated 2007 available. Financials are based on projected income from September, 2008 to August, 2009. Expenses based on 2007actuals from Statement of Real Estate Rentals. Estimate coin laundry at $1200 per annum ($100 per month - not included in financials). Call to view today!
Seller is a realtor.
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