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$2,400,000
Available - For Sale
Listing ID: X12375362
Well-maintained 11-unit multifamily property in a strong Waterloo location. Situated on a 0.35-acre lot, the building offers a practical suite mix of 6 one-bedroom and 5 two-bedroom apartments, appealing to a broad tenant base. The property features an attractive orange-brown brick exterior, complemented by mature trees at the front entrance that create a welcoming streetscape. Surface parking for tenants is conveniently located at the rear of the building. Inside, residents benefit from a shared laundry room, which also provides additional income for the owner. Located just a one-minute walk from a bus stop on Hazel Street, the property offers excellent transit access. Its central position places tenants within easy reach of Uptown Waterloo, Wilfrid Laurier University, the University of Waterloo, shopping, grocery stores, and restaurants. With its desirable unit mix, stable income, and convenient location, 422 Hazel Street presents a strong investment opportunity in a growing rental market.
Price $2,400,000
Taxes: $27,540.62
Tax Type: Annual
Occupancy by: Tenant
Address: 422 Hazel Stre , Kitchener, N2L 3P8, Waterloo
Postal Code: N2L 3P8
Province/State: Waterloo
Legal Description: LT 56-57 PL 1124 CITY OF WATERLOO; S/T 2
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: .35
Total Area Code:  Acres
Maintenance: 0
Sprinklers: No
Heat Type: Gas Hot Water
Central Air Conditioning: No
Sewers: Sanitary+Storm
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLLIERS

422 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 140.00(Feet)
Approximate Age:
Tax: $27,540.62
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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