133 Albert St, Waterloo, Ontario N2L 3T2

AAA Location!!! Less than 1 minute walk to the Universities...Deceivingly large, all bedrooms are above average in size, old house character and charm with an addition and updates, not your typical cookie cutter box. Renovated lower unit, very large backyard, lot's of outdoor space, 2 driveways with lot's of parking. Legal fourplex(no License or annual fee required), 15 students total. Always rented!!! This property has a 6% cap rate. Students love this building the two primary things that students are looking for is a nice clean apartment with a good size bedroom, 2nd is to get up and get to school fast with the lease amount of effort. This building has both.