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  • DESCRIPTION

    IDEAL CONDO COMMERCIAL INVESTMENT OPPORTUNITY! Fully rented with great leases. Consisting of 2 units for sale with 4 separate suites. All units are currently tenant occupied. 5 bathrooms and 4 kitchens in total. Over 12,608sqft with several office spaces throughout both levels, three 12x12 bay doors and a 4th to be converted in future if needed. A total gross lease income of $188,064.84, 5% cap rate! Great opportunity to invest and watch your assets grow. Centrally located in Waterloo.

    KEY DETAILS
    • Price:
    • $2,500,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • n/a
    • Acreage:
    • n/a
    • Listing #:
    • 40071414
    • Street Address:
    • 90 Frobisher Dr 1&2
    • City:
    • Waterloo
    • State:
    • ON
    • Postal Code:
    • N2V 2A1
    • County:
    • Waterloo
    • Area:
    • Waterloo East
    • Subarea
    • 118 - Colonial Acres/East Bridge
    • Listing Status:
    • For Sale - Active

    Building

    • Approximate Square Footage Range:
    • 10, 000+
    • Construction Description:
    • Brick
    • Ease Of Access:
    • Kitchen
    • Foundation Material:
    • Concrete
    • Interior Features:
    • Auto Garage Door Remote(s)

    Business

    • Annual Utility Expenses:
    • 13257.00
    • Business Type:
    • Professional Service
    • Expenses:
    • Actual
    • Gross Income:
    • 188064.00
    • Net Operating Income:
    • 124660.00
    • Operating Expense:
    • 63403.00

    Land

    • Approximate Lot Size Range Source:
    • Geowarehouse
    • Conforms To Zoning:
    • I2-6
    • Lot Shape:
    • Irregular

    Location

    • Location Description:
    • Urban
    • Street Type:
    • Drive
    • Sub Area:
    • 118 - Colonial Acres/East Bridge

    Money

    • Association Fee:
    • $770
    • Association Fee Payment Frequency:
    • Monthly

    Structures

    • Parking Description:
    • Asphalt, Outside/Surface/Open
    • Parking Spaces:
    • 14

    Systems

    • Cooling System:
    • Central Air
    • Existing Water:
    • Municipal
    • Heating:
    • Forced Air, Gas, Radiant
    • Sewage Type:
    • Sewer (municipal)

    Source

    • Listing provided by RE/MAX Twin City Faisal Susiwala Realty

      ONITSO
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