266 HAZEL Street, Waterloo, Ontario, N2L3N9




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$1,296,000
Waterloo
This multi-family property in Waterloo is for sale offering roughly 939 sq ft of space.
A rare three-property land assembly in one of the closest residential pockets to Wilfrid Laurier University. Steps to campus and situated on a direct GRT bus route to the University of Waterloo, this is one of the most convenient student-housing locations in the city. The assembly is currently configured for 22 rooms across the three properties, arranged as 6 separate self-contained units, each with its own bathroom, kitchen and common area — a proven, income-generating layout with exceptional walkability to both campuses, transit, shopping and amenities. With future development potential on a very manageable scale — a sensible, achievable build rather than an outsized or overly ambitious project, with possible expansion to neighbouring properties — this is an outstanding holding for investors and developers seeking scale, steady student-rental income, and long-term appreciation in Waterloo's University District. 262,264,266 Hazel must be purchased together. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 107 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed multi-family in Waterloo is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,296,000, about 18.6× the local median household income of $69,500.
Carrying it typically needs a household income of about $253,154 (20% down, 25-yr amortization, stress-tested) — roughly 264% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2L)
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Loading rates, 30-yr amortization
Cash Needed to Close
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