62 Dorset St - Apartments FOR SALE


Waterloo, ON N2L 3L8- Waterloo Uptown
$1,475,000 CAD
519-804-7200
62 Dorset St, Waterloo, ON for Sale
$1,475,000 CAD
Apartments - FOR SALE
1/9
null | Request Cap Rate

62 Dorset St
Waterloo, ON N2L 3L8
Waterloo Uptown


HIGHLIGHTS

  • 10 minute commute to the University of Waterloo
  • Excellent investment potential
  • Recent upgrade in 2023 include new windows and furnace
  • Nearby transit routes

OVERVIEW

Discover a stunning gem in the heart of Uptown Waterloo—a spacious 3,288 sq ft Victorian triplex, ideally located just steps from Wilfrid Laurier University and only a 10-minute commute to the University of Waterloo. Licensed for 14 tenants across 15 bedrooms and currently rented to UW and WLU students, this property generates over $9,800 per month in rental income, offering exceptional investment potential. Meticulously maintained, recent updates include new windows (2023), a new furnace (2018), and renovations to Unit B and Unit C, ensuring it's in excellent condition. This prime property provides easy access to all Uptown Waterloo amenities, including Waterloo Park, CIGI, and the Perimeter Institute, with convenient public transit options like the ion LRT. Whether you're seeking a continued rental income stream, a multi-generational home, or even a beautiful single-family residence (with city approval), the possibilities are vast. Don't miss your chance to explore this versatile property.

FOR SALE DETAILS

PRICE

$1,475,000 CAD

PRICE/SF

$449 CAD /SF

# OF UNITS

3

PRICE/UNIT

$491,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,171 SF

ZONING

RC1

APN/PARCEL ID

301604145001100

ASK ABOUT THIS PROPERTY

Lee QuaileChestnut Park Realty Southwestern Ontario Ltd.More Info
519-804-7200

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Lee QuaileChestnut Park Realty Southwestern Ontario Ltd.More Info
519-804-7200

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