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$2,400,000
Available - For Sale
Listing ID: X12375341
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. The property's off-white brick exterior presents a clean, well-maintained look, with many units offering private balconies. Inside, several apartments have been updated with modern finishes including new flooring, upgraded bathrooms, and mid-renovated kitchens. An on-site laundry room provides added convenience for residents while generating additional income for the owner. 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.
Price $2,400,000
Taxes: $27,616.14
Tax Type: Annual
Occupancy by: Tenant
Address: 406 Hazel Stre , Kitchener, N2L 3P8, Waterloo
Postal Code: N2L 3P8
Province/State: Waterloo
Legal Description: LT 46-47 PL 1116 CITY OF WATERLOO; PT LT
Directions/Cross Streets: Hazel Street & Smallwood Drive
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: .38
Total Area Code:  Acres
Maintenance: 0
Sprinklers: No
Heat Type: Gas Hot Water
Central Air Conditioning: No
Sewers: Sanitary+Storm
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COLLIERS

406 Hazel Stre , Kitchener, N2L 3P8, Waterloo


 
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At a Glance:
Type: Com - Investment
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 123.00(Feet)
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Tax: $27,616.14
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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