11 MCDOUGALL ROAD

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For Sale - $789,999.00

ID#: 26998903

Attention Investors !! Location..Location..Location. Currently Property offers an outstanding Investment Opportunity in a highly Desirable location in Waterloo. Buyer has both Options to either Rent it as it is or Demolish it and Build Brand New Dream House in Future as currently there are already Multimillion Dollars Houses been Built on the Street . Currently this Licensed 9-Bedroom Rooming house sits on a generous 40×119 lot, with all rooms currently Rented, Generating a Solid income of over $6000 per month. Current Tenants are Very Co-operative, always pays rent on time, and are willing to either stay or vacate as required by Buyer. Additional Income is Generated from parking and Laundry Services as well. The property’s close Proximity to the Both Universities and Convenient access to Public Transit, combined with its peaceful location, make it an ideal choice for Students. The property is consistently in high demand among Renters and has been recently Painted. (id:42870)

Property Details

Property Address: 11 MCDOUGALL ROAD Waterloo, Ontario, N2L2W4

Property Type: Single Family

Area Toal: 0 square meters

Waterfront: No

Pool: No

Garage: No


Representative

Bess Assimacopoulos-Markou

Sales Representative

RE/MAX Twin City Realty Inc. Brokerage* - Waterloo

Cell: 519-588-1834

Tel: 519-885-0200

Schedule a Showing