ON > Waterloo
Waterloo, ON N2J 2H2,30-40 Laurel Street
Waterloo, ON N2J 2H2,30-40 Laurel Street
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Raafat Metwaly

Raafat Metwaly

+1(647) 461-3580
Listed by Brad Mcgill • Re/Max Icon Realty
$ 6,900,000
Est. payment | /mo

72 Beds

20,700 SqFt

Save
$ 6,900,000
Est. payment | /mo
Save

72 Beds

20,700 SqFt

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 20,700 sqft

Price per Sqft $333

MLS Listing ID 40770458

Bedrooms 72

Abv Grd Liv Area 20,700

Annual Tax Amount $53,697

Lot Size 0.674 Acres

Acres 0.674

Property Sub-Type Apartment

Source Cornerstone

Property Description

Unique Investment Property In Uptown Waterloo. 30, 34, 38, 40 Laurel St, Waterloo – This investment opportunity features an outstanding turnkey purpose-built Apartment complex including 3 detached homes plus a detached garage nestled in uptown Waterloo. Offering a total of 72 Bedrooms with a solid rental history and strong income potential. Main building has 2 x 1100SF Workshop/Commercial spaces plus a leasing office. Located within walking distance to Grand River Hospital, LRT, a variety of shops, cafes, and popular restaurants, this well-maintained property blends urban convenience with long-term investment stability and affordability for the region. Current zoning provides for mixed-use development value, or any aspect of future development. Additional income from the garage/workshop/parking/laundry. Don't miss your chance to own a strategic income-generating asset in the ever-expanding Waterloo market.

Location

Province ON

County Waterloo

Area 1 - Waterloo East

Zoning U1-60

Direction Laurel Street and Erb Street E

Rooms

Basement None

Kitchen 0

Interior

Interior Features Other

Heating Other

Cooling Other

Fireplace No

Laundry Coin Operated

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Roof Type Other

Lot Frontage 75.12

Garage Yes

Building

Lot Description Irregular Lot, Ample Parking, City Lot, High Traffic Area, Highway Access, Park, Public Transit, Schools, Shopping Nearby

Faces Laurel Street and Erb Street E

Story 2

Foundation Block, Other

Sewer Sewer (Municipal)

Water Municipal

Structure Type Aluminum Siding,Block,Metal/Steel Siding,Other

New Construction No

Others

Senior Community No

Tax ID 223730017

Ownership Freehold/None

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Raafat Metwaly

Raafat Metwaly

+1(647) 461-3580

Broker | License ID: 4771063

Broker License ID: 4771063

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