$599,800

62 Balsam Street #b102

Waterloo ON, N2L 3H2

Description

Currently Leased as a restaurant until May 31, 2022 at $3,750 per month plus HST plus utilities. Newer commercial condo unit on the main floor of an apartment condo complex located directly across from the back of Wilfred Laurier Lazaridis School of Business and Economics Building at 64 University Ave W, Waterloo. All the leasehold improvements are complete. Granite counter tops, upscale cabinetry, food preparation room, ceramic flooring, LED Lighting, alarm system, camera monitoring rough in wiring, 2 washrooms with one being handicap high standards. Many commercial uses available, convenient to rapid transit LRT, go bus, plus all other amenities. Extra paid parking in a section of the University building parking lot across the street. This unit has 14' ceilings and a large glass window front. Student / professor walk-in customer traffic. Condo Fee is $396.22 per month which includes an owned parking space #24 at the back of the building which is on a separate Title. Hot water tank and water softener are owned. Excellent Investment Opportunity for a Prudent Investor!

Details

MLS#30744532
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site103

Features

SQ Feet1,287
Story(s)0

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Area Information

ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 3H2
AreaWaterloo West
Listing VS Median (in N2L 3H2)
Price:
$599,800
low | high
Med:
$599,800
50% of Average
SqFt:
1,287
low | high
Med:
1,287
50% of Average
$ / SqFt:
$466
low | high
Med:
$466
50% of Average
On Site:
103
low | high
Med:
103
100% of Average
Listing Updated: 10/18/2019
MLS Number: 30744532
Listing Provided By:
KEN SCOTT  of  RE MAX K.L.S. REALTY INC. BROKERAGE
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