$1,299,000
Available - For Sale
Listing ID: X9391547
68 Roseview Ave , Cambridge, N1R 4A7, Ontario
| 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. |
| Price | $1,299,000 |
| Taxes: | $8473.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 68 Roseview Ave , Cambridge, N1R 4A7, Ontario |
| Postal Code: | N1R 4A7 |
| Province/State: | Ontario |
| Legal Description: | See Supplements |
| Lot Size: | 66.12 x 132.00 (Feet) |
| Directions/Cross Streets: | Ainslie St N & Malcolm |
| Category: | Apartment |
| Use: | Apts-13 To 20 Units |
| Building Percentage: | Y |
| Total Area: | 4600.00 |
| Total Area Code: | Sq Ft |
| Business/Building Name: | The Grand House |
| Financial Statement: | Y |
| Gross Income/Sales: | $126000 |
| Net Income Before Debt: | $89000 |
| Expenses Actual/Estimated: | $Est |
| Heat Type: | Radiant |
| Central Air Conditioning: | Y |
| Water: | Municipal |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ABOUTOWNE REALTY CORP. |
|
|
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Lot Size: | 66.12 x 132.00(Feet) |
| Tax: | $8,473 |
Locatin Map:
Payment Calculator:
