Prime Investment Opportunity, The Grand House, University of Waterloo School of Architecture in Cambridge campus. Purpose-built for students at the University of Waterloo School of Architecture, Grand House offers an exceptional investment opportunity with strong income potential. This highly desirable property is consistently fully occupied with a waiting list, ensuring reliable rental income. Located just a 15-minute walk from campus, the residence provides breathtaking views of the Grand River and the historic Galt core. The spacious 13-bedroom, 4-bathroom layout (with two bathrooms on each floor) has the potential to be upgraded to 14 bedrooms, further increasing rental revenue. The property features expansive common areas, including a kitchen, dining, and lounge space designed for comfort and collaboration. This highly visible, eco-friendly, three-storey building is a unique blend of modern design and spacious living. With strong rental demand, excellent income, and potential for even greater returns, this is a rare opportunity for investors. Financial estimates and legal details are available in the supplements. Don't miss out on this outstanding investment.
MLS# | X9391547 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 159 |
Listing Provided By | RE/MAX ABOUTOWNE REALTY CORP. | Not Provided |
SQ Feet | 4,600 |
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Acreage | 0.11 |
Province | ON |
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County | Waterloo |
City | Cambridge |
Postal Code | N1R 4A7 |
Listing VS Median (In N1R 4A7) | |
Price: $1,299,000 low | high Med: $1,299,000 SqFt: 4,600 low | high Med: 4,600 $ / SqFt: $282 low | high Med: $282 On site: 159 low | high Med: 159.000000 |