Prime Investment Opportunity, The Grand House, University of Waterloo School of Architecture in Cambridge campus. Purpose-built for students at the University of Waterloo School of Architecture, Grand House offers an exceptional investment opportunity with strong income potential. This highly desirable property is consistently fully occupied with a waiting list, ensuring reliable rental income. Located just a 15-minute walk from campus, the residence provides breathtaking views of the Grand River and the historic Galt core. The spacious 13-bedroom, 4-bathroom layout (with two bathrooms on each floor) has the potential to be upgraded to 14 bedrooms, further increasing rental revenue. The property features expansive common areas, including a kitchen, dining, and lounge space designed for comfort and collaboration. This highly visible, eco-friendly, three-storey building is a unique blend of modern design and spacious living. With strong rental demand, excellent income, and potential for even greater returns, this is a rare opportunity for investors. Financial estimates and legal details are available in the supplements. Don't miss out on this outstanding investment. (id:4069)
Address
68 ROSEVIEW AVENUE
List Price
$1,299,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Cambridge
Floor Area
4,600 Sq. Ft.
Lot Size
Bldg=66.12 x 132 FT ; irreg Sq. Ft.
MLS® Number
X9391547
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Postal Code
N1R4A7
Zoning
FC1RM1
