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406 Hazel St
Waterloo, ON N2L 3P7
Multifamily Property For Sale
·
10 Units


INVESTMENT HIGHLIGHTS
- Many units offering private balconies.
- An on-site laundry room provides added convenience for residents while generating additional income for the owner.
- Several apartments have been updated with modern finishes.
EXECUTIVE SUMMARY
Attractive 11-unit multifamily property located in Waterloo. Situated on a 0.38-acre site, the building features a desirable suite mix of 8 one-bedroom, 2 two-bedroom, and 1 three-bedroom apartments, appealing to a wide range of tenants.
Ideally located with a bus stop right at the front door, tenants enjoy excellent transit access alongside proximity to Uptown Waterloo, Wilfrid Laurier University, and the University of Waterloo. Nearby amenities include shopping, grocery stores, restaurants, and the ION LRT. This prime location, combined with updated interiors and stable income, makes 406 Hazel Street a compelling investment in a growing rental market.
Ideally located with a bus stop right at the front door, tenants enjoy excellent transit access alongside proximity to Uptown Waterloo, Wilfrid Laurier University, and the University of Waterloo. Nearby amenities include shopping, grocery stores, restaurants, and the ION LRT. This prime location, combined with updated interiors and stable income, makes 406 Hazel Street a compelling investment in a growing rental market.
PROPERTY FACTS
| Price Per Unit | $240,000 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| No. Units | 10 | Building Size | 12,369 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1964 |
| Apartment Style | Low-Rise | Parking Ratio | 0.97/1,000 SF |
| Price Per Unit | $240,000 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 12,369 SF |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 0.97/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | - |
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