$895,000

36 Devitt Avenue

Waterloo ON, N2J 3E6

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Description

$44,436 NOI. FULLY LEASED DUPLEX WITH SHOP. UNIQUE HIGH EXPOSURE INVESTMENT SETUP- 1550 SF LEGAL DUPLEX AT THE FRONT OF THE PROPERTY AND A SMALL CLEAN WAREHOUSE WITH OFFICE AT THE REAR OF THE YARD, CURRENTLY LEASED AS SECURE TEMPERATURE-CONTROLLED STORAGE FOR COLLECTIBLE CARS. EXCEPTIONALLY WELL MAINTAINED PROPERTY. WAREHOUSE TENANT HAS REMAINING TERM UNTIL DECEMBER 31, 2023. THIS INVESTMENT WILL BE CAREFREE FOR MANY YEARS, 2-FOLD INVESTMENT PROVIDING ZONING CONDUCTIVE FOR MIXED-USE COMMERCIAL FUTURE REDEVELOPMENT. NEW: 2ND FLOOR FULLY RENOVATED (2019). TANKLESS WATER HEATER (2018). FURNACE (2018)

Details

MLS#40089180
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site20

Features

SQ Feet3,150
Units2
Building(s)1
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Melissa DeMartino

Melissa Rebecca DeMartino

4789114 (905) 730-4959Contact Me Form Link
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Area Information
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2J 3E6
Area1 - Waterloo East
Listing VS Median (in N2J 3E6)
Price:
$895,000
low | high
Med:
$895,000
50% of Average
SqFt:
3,150
low | high
Med:
1,575
100% of Average
$ / SqFt:
$284
low | high
Med:
$142
100% of Average
On Site:
20
low | high
Med:
20
100% of Average
Sourced by Back At You
Listing Updated: April 18, 2021 8:00:41 PM PDT
STEVE GERAKOPULOS LogoMLS Number: 40089180
Listing Provided By:
STEVE GERAKOPULOS  of  Cloud Realty Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

Melissa DeMartino - Coldwell Banker Community Professionals