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151 UNIVERSITY AVENUE E, Waterloo, Ontario, N2J 2W4

MLS® # X9398686
House For Sale In Willowdale, Waterloo, Ontario
$2,499,900 QuickQuoteTM: Not Available
151 University Avenue E, Waterloo, ON - Outdoor
151 University Avenue E, Waterloo, ON - Outdoor With Exterior
151 University Avenue E, Waterloo, ON - Outdoor With View
151 University Avenue E, Waterloo, ON -  With View
151 University Avenue E, Waterloo, ON - Outdoor With View
151 University Avenue E, Waterloo, ON - Outdoor With View
151 University Avenue E, Waterloo, ON - Outdoor With View
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Laundry Room
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Living Room
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Kitchen
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Kitchen
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bathroom
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bathroom
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink
151 University Avenue E, Waterloo, ON - Indoor
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bathroom
151 University Avenue E, Waterloo, ON - Indoor
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bathroom
151 University Avenue E, Waterloo, ON - Indoor
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bedroom
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bedroom
151 University Avenue E, Waterloo, ON - Other
151 University Avenue E, Waterloo, ON  - Outdoor
151 University Avenue E, Waterloo, ON  - Outdoor With Exterior
151 University Avenue E, Waterloo, ON  - Outdoor With View
151 University Avenue E, Waterloo, ON  -  With View
151 University Avenue E, Waterloo, ON - Outdoor With View
151 University Avenue E, Waterloo, ON - Outdoor With View
151 University Avenue E, Waterloo, ON - Outdoor With View
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Laundry Room
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Living Room
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Kitchen
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Kitchen
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bathroom
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bathroom
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink
151 University Avenue E, Waterloo, ON - Indoor
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bathroom
151 University Avenue E, Waterloo, ON - Indoor
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bathroom
151 University Avenue E, Waterloo, ON - Indoor
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bedroom
151 University Avenue E, Waterloo, ON - Indoor Photo Showing Bedroom
151 University Avenue E, Waterloo, ON - Other
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151 UNIVERSITY AVENUE E, Waterloo, Ontario, N2J 2W4
$2,499,900

Property Information:

A great investment opportunity for a student apartment building in the core strip of Waterloo. It is close to three universities: 2.2 km to the UW, 1.2 km to WLU, and 0.4 km to Conestoga College, with direct bus Route 202 to all schools. The lot measures 64.05 x 158.65 feet, zoned MU20, with potential for higher-level building in the near future.This fourplex student building includes 20(4X5) bedrooms, 8 (4X2) bathrooms, and 4 (4X1) kitchens. There is a separate laundry room with coin-operated machines. The property offers 7 parking spots, an AC and central heating system. All kitchens are newly renovated; the roof was replaced in 2017, and all equipment is in great working condition.Built in 2002 specifically for students, no renting license is required. It has been operated and maintained by the owner who has since moved to BC.The total gross income for the past three years has been over $200K annually (excluding parking and laundry income). For serious buyers, the lease list can be provided. The annual fixed costs are about $40,000 excluding mortgage interest. Its fully leased now with on-call maintenance staff and 24hrs emergency contact. Don't miss your chance to explore this investment property ! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Foundation Type: Concrete, Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Central Vacuum, Dryer, Microwave, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Single Family
  • Bathrooms: 8
  • Irregular: Yes
  • Lot Depth: 159.0 Feet
  • Lot Frontage: 64.0 Feet
  • Lot Size: 64 x 159 FT ; 64.16 ft x 159.0 ft x 64.1 ft x 156.2 ft
  • Utility Type: Sewer - Available
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 7

Courtesy of: HOMELIFE LANDMARK REALTY INC.

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Location of 151 UNIVERSITY AVENUE E, Waterloo, Ontario, N2J 2W4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 151 UNIVERSITY AVENUE E , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 151 UNIVERSITY AVENUE E , experiences 11 significant 2-day storms per year, with about 319.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.3mm of precipitation per year.

Precipitation Per Storm

Past
319.6mm
2050
396.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 151 UNIVERSITY AVENUE E, Waterloo, Ontario, N2J 2W4

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$117,968.52

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.5 %

High school certificate or equivalent

30.4 %

Apprenticeship trade certificate/diploma

4.85 %

College/non-university certificate

18.7 %

University certificate (below bachelor)

1.15 %

University Degree

33.39 %

Commuter

Travel To Work

By Car

82.69 %

By Public Transit

4.53 %

By Walking

4.68 %

By Bicycle

1.94 %

By Other Methods

6.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.26 %

Houses

67.74 %

Own Vs. Rent