












































1/46588 GLEN MANOR Boulevard, Waterloo, ON N2L4T8
$799,000 total
—
Asset Class
Multifamily
Size
—
Building class
A
Zoning
RF6 — Medium Density
$ / SF
—
Occupancy
90%
Year Built
1969
Stylish, recently updated duplex in a desirable Waterloo location! Offering a great opportunity for investors or those looking to live in one unit while generating rental income from the other. The upper unit is currently vacant, providing flexibility for an owner-occupant or the opportunity to secure a new tenant at current market rents. The lower unit is leased at $1850/month, offering immediate rental income. Both units feature separate heating controls and individual hydro meters, providing added convenience and independent utility management. Each unit also enjoys its own backyard space, offering privacy and distinct outdoor areas for both residences. The basement features a deep window wells with a large windows, allowing for an abundance of natural light. With its recent updates, stylish finishes and functional two-unit layout, this property is an excellent opportunity for investors and owner-occupants alike! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$35K
Annual cash flow
$-9K
Cash-on-cash
-3.83%
DSCR
0.79
Going-in cap
4.39%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
42,767
Households
14,863
Median income
$100,000
Median age
31.2
Daytime population
63,254
5-yr growth
3.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 588 GLEN MANOR Boulevard, Waterloo.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.