University of Waterloo - Licensed for 4 Students

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InvestOPS
Posts: 141
Joined: March 22nd, 2012, 11:45 pm

University of Waterloo - Licensed for 4 Students

#1 Unread post by InvestOPS » December 18th, 2013, 8:42 pm

Investment property near U of W - licensed for 4 students
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Townhouse in Waterloo, close to universities at 433 Keatsway. Waterloo rental license for 4 students. Bright, spacious 3 level townhouse. Full walk-out from basement. Patio and fenced backyard.


12 month lease signed for September 2013 to August 2014.


Rental income: $21,600.00.

Students pay hydro and heat (gas)

o Electricity: $62.00

o Heating (gas): $53.00


Monthly Expenses:

Property taxes: $171.00

Condo fees: $325.00

Insurance: $84.00

Water heater rental: $93.00 per quarter (has been there long enough that if you are willing to not have maintenance done, rental can be stopped and the water heater would be yours)

http://kitchener.kijiji.ca/c-real-estat ... Z551194241

Call Sue: 519-574-7608 OR
Avelino: 519-729-8668

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