262 HAZEL Street, Waterloo, Ontario N2L3N9
Listing courtesy of RE/MAX Real Estate Centre Inc..
- $1,296,000
- 2,064
- SqFt
- List Price
- $1,296,000
- MLS®
- 40849496
- Days on Market
- 6
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Living Area
- 2,064
- Subdivision
- 417 - Beechwood/University
Property Description
A rare three-property land assembly in one of the closest residential pockets to Wilfrid Laurier University. Steps to campus and situated on a direct GRT bus route to the University of Waterloo, this is one of the most convenient student-housing locations in the city. The assembly is currently configured for 22 rooms across the three properties, arranged as 6 separate self-contained units, each with its own bathroom, kitchen and common area — a proven, income-generating layout with exceptional walkability to both campuses, transit, shopping and amenities. With future development potential on a very manageable scale — a sensible, achievable build rather than an outsized or overly ambitious project, with possible expansion to neighbouring properties — this is an outstanding holding for investors and developers seeking scale, steady student-rental income, and long-term appreciation in Waterloo's University District. 262, 264,266 Hazel must be purchased together. (id:5764)
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Additional Information
- Ownership
- Freehold
- Basement Features
- Partially finished, Full
- Basement
- Yes
- Subdivision
- 417 - Beechwood/University
- Parking Spaces
- 6
- Cooling
- None
- Country
- Canada
- Sewer
- Municipal sewage system
- Heating
- Forced air, Natural gas
- Total Number Of Units
- 3
- Stories
- 1.5
