14
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$2,400,000
Est. payment /mo
New
406 Hazel ST Kitchener, ON N2L 3P8
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12375341
Annual Tax Amount $27,616
Tax Year 2025
Property Sub-Type Investment
Property Description
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. The property's off-white brick exterior presents a clean, well-maintained look, with many units offering private balconies. Inside, several apartments have been updated with modern finishes including new flooring, upgraded bathrooms, and mid-renovated kitchens. An on-site laundry room provides added convenience for residents while generating additional income for the owner. 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.
Location
Province ON
County Waterloo
Area Waterloo
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 130.0
Lot Depth 123.0
Others
Security Features No
Listed by COLLIERS
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