$550,000

280 Lester Street #106

Waterloo ON, N2L 3W5

Description

INVEST IN AN IDEAL LOCATION! This 1,253sqft commercial condo sits in the University District in Waterloo. Includes one owned parking space. An amazing opportunity to own an income producing unit. Currently occupied by a Bubble Tea tenant with 2 years remaining plus a 5 year option. $693.85 per month condo fee which includes water, central heating/cooling, grass, snow removal, parking maintenance and garbage. Tenant pays hydro, condo fee and property tax. 5% cap rate. Invest in a worry free unit.

Details

MLS#40039132
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site28

Features

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Area Information
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 3W5
Area4 - Waterloo West
Listing VS Median (in N2L 3W5)
Price:
$550,000
low | high
Med:
$299,000
95.636363636364% of Average
On Site:
28
low | high
Med:
5
100% of Average
Listing Updated: November 24, 2020 8:00:39 PM PST
FAISAL SUSIWALA LogoMLS Number: 40039132
Listing Provided By:
FAISAL SUSIWALA  of  RE MAX TWIN CITY FAISAL SUSIWALA REALTY
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