616 Silverbirch Road Waterloo, Ontario N2L 4R5

Wall Unit


SOLID and Well cared for purpose built 9-PLEX. GREAT Multi-Family Investment Property with outstanding income & 4.8% Cap rate. All units occupied. RMU40 zoning, concrete construction comprised of 8x2 bedroom units and 1x1 bedroom unit. Gas boiler heat, one hydro meter. 13 parking spaces. Assumable fixed rate mortgage for 2.5 years at 3.09%!!! Excellent turn key investment in great area close to ION transportation, access to Highway 7/8, Universities, Conestoga mall shopping, amenities and parks. The location does not get much better than this in Waterloo Region. Reach out to Listing Realtors for a copy of financial brochure. (id:22076)

Property Details

MLS® Number 40556754
Property Type Multi-family
Amenities Near By Public Transit, Schools, Shopping
Community Features School Bus
Features Paved Driveway, Laundry- Coin Operated
Parking Space Total 13
Structure Shed


Appliances Water Softener
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1965
Cooling Type Wall Unit
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Stories Total 3
Size Interior 5700
Utility Water Municipal Water


Access Type Highway Access
Acreage No
Land Amenities Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 80 Ft
Size Irregular 0.416
Size Total 0.416 Ac|under 1/2 Acre
Size Total Text 0.416 Ac|under 1/2 Acre
Zoning Description Rmu40



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