406 Hazel St - Apartments FOR SALE


Waterloo, ON N2L 3P7- Waterloo North-West
$2,400,000 CAD
416-777-2200
406 Hazel St, Waterloo, ON for Sale
$2,400,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

406 Hazel St
Waterloo, ON N2L 3P7
Waterloo North-West


HIGHLIGHTS

  • Many units offering private balconies.
  • Several apartments have been updated with modern finishes.
  • An on-site laundry room provides added convenience for residents while generating additional income for the owner.

OVERVIEW

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. 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.

FOR SALE DETAILS

PRICE

$2,400,000 CAD

PRICE/SF

$194 CAD /SF

# OF UNITS

10

PRICE/UNIT

$240,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

-

APN/PARCEL ID

301604220002700

ASK ABOUT THIS PROPERTY

Chris BertucciColliersMore Info
416-777-2200

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Chris BertucciColliersMore Info
416-777-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.