60 UNIVERSITY AVE E

For Sale - $5,150,000.00

ID#: 24852098

4 Storey, 10 Unit, 48 Bedroom Condo Apartment Complex Leased To Wilfrid Laurier University Until July 2023 With Two Renewal Terms. Coin Operated Washers/Dryers On Site. Cap Rate ~4.4%. Public Transit On Doorstep. 2 Mins Drive To Wilfrid Laurier University And 5 Mins Drive To University Of Waterloo. Surrounded By World Class Research Institutions, Recreation, Restaurants, Shopping, Medical, And Parks. This Property Has Been Well Maintained With New Security System Recently Installed. Excellent Investment Opportunity In A World Class Tech Hub.**** EXTRAS **** Additional Upgrades Include Commercial Grade Doors, Hot Water Tanks Replaced, New Fire Exit Lighting, All New Bathroom Hardware. Each Unit (Except Lower) Contains 5 Bedrooms, 2 Bathrooms, 2 Fridges, 1 Stove, 1 Kitchen Island, 1 Balcony. (id:42870)