$550,000

280 Lester Street #106

Waterloo ON, N2L 3W5

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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#40051999
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site42

Features

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Gordon Draho

Gordon Draho

4778711 (289) 230-5888Contact Me Form Link
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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:
$550,000
50% of Average
On Site:
42
low | high
Med:
42
100% of Average
Listing Updated: January 25, 2021 8:00:39 PM PST
FAISAL SUSIWALA LogoMLS Number: 40051999
Listing Provided By:
FAISAL SUSIWALA  of  RE MAX TWIN CITY FAISAL SUSIWALA REALTY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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