$1,299,000
FOR SALE

Investment

Lot: 66.12 x 132 ftTotal Area: 4,600 ft2
2023 Taxes: $8,473

68 Roseview Ave
Cambridge, ON N1R 4A7 | Waterloo

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.
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Listed By RE/MAX ABOUTOWNE REALTY CORP.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9391547
Last Updated Feb 11, 2025
Property Summary
Property Type Investment

More like this:
Use Apartments - 13 to 20 Units
Business/Building Name The Grand House
Category Apartment
PIN 038140446
Legal Description See Supplements
Occupancy Tenant
Possession Date TBA
Taxes (2023) $8,473
Tax Type Annual
Directions/Cross Streets Ainslie St N & Malcolm
Area Waterloo
Price History

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Detailed Information
Freestanding Y
Lot 66.12 x 132 ft
Lot Irregularities irreg
Total Area 4,600 ft2
Air Conditioning Y
Garage Type None
Heat Type Radiant
Financial Statement Y
Gross Income/Sales $126,000
Net Income Before Debt $89,000
Expenses Actual/Estimated Est
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning FC1RM1
Seller Property Info Statement N

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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