Attractive 11-unit multifamily property located in Waterloo. Situated on a 0.38-acre site, the building features a desirable suite mix of 8 one-bedroom, 2 two-bedroom, and 1 three-bedroom apartments, appealing to a wide range of tenants. The property's off-white brick exterior presents a clean, well-maintained look, with many units offering private balconies. Inside, several apartments have been updated with modern finishes including new flooring, upgraded bathrooms, and mid-renovated kitchens. An on-site laundry room provides added convenience for residents while generating additional income for the owner. Ideally located with a bus stop right at the front door, tenants enjoy excellent transit access alongside proximity to Uptown Waterloo, Wilfrid Laurier University, and the University of Waterloo. Nearby amenities include shopping, grocery stores, restaurants, and the ION LRT. This prime location, combined with updated interiors and stable income, makes 406 Hazel Street a compelling investment in a growing rental market. |
Price | $2,400,000 |
Taxes: | $27616.14 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 406 Hazel Stre , Kitchener, N2L 3P8, Waterloo |
Postal Code: | N2L 3P8 |
Province/State: | Waterloo |
Legal Description: | LT 46-47 PL 1116 CITY OF WATERLOO; PT LT |
Directions/Cross Streets: | Hazel Street & Smallwood Drive |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 0 | |
Washroom Type 12 | 0 | |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 |
Category: | Apartment |
Use: | Apts - 6 To 12 Units |
Building Percentage: | T |
Total Area: | 0.38 |
Total Area Code: | Acres |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | No |
Sewers: | Sanitary+Storm |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
COLLIERS |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Waterloo |
Municipality: | Kitchener |
Neighbourhood: | Dufferin Grove |
Tax: | $27,616.14 |
Fireplace: | N |