$ 2.099.000

616 Silverbirch Road, Waterloo

25 Photos

616 Silverbirch Road, Waterloo, ON N2L4R5 Photo 2

616 Silverbirch Road, Waterloo, ON N2L4R5 Photo 3

616 Silverbirch Road, Waterloo, ON N2L4R5 Photo 4

616 Silverbirch Road, Waterloo, ON N2L4R5 Photo 5

616 Silverbirch Road, Waterloo, ON N2L4R5 Photo 6

616 Silverbirch Road, Waterloo, ON N2L4R5 Photo 7

Living area: 5700 sqft
MLS®: 40556754

Type: Townhouse
Added: 26 days ago

Property Details

SOLID and Well cared for purpose built 9-PLEX. GREAT Multi-Family Investment Property with outstanding income & 4.8% Cap rate. All units occupied. RMU40 zoning, concrete construction comprised of 8x2 bedroom units and 1x1 bedroom unit. Gas boiler heat, one hydro meter. 13 parking spaces. Excellent turn key investment in great area close to ION transportation, access to Highway 7/8, Universities, Conestoga mall shopping, amenities and parks. The location does not get much better than this in Waterloo Region. Reach out to Listing Realtors for a copy of financial brochure. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Wall unit
Heating: Natural gas
Stories: 2.5
Basement: Finished, Full
Year Built: 1965
Appliances: Water softener
Directions: Northfield Dr W/Weber St W/Glen Forest Blvd
Living Area: 5700
Lot Features: Paved driveway, Laundry- Coin operated
Photos Count: 25
Water Source: Municipal water
Lot Size Units: acres
Parking Total: 13
Common Interest: Freehold
Subdivision Name: 421 - Lakeshore/Parkdale
Tax Annual Amount: 21895.74
Exterior Features: Brick
Community Features: School Bus
Foundation Details: Block
Lot Size Dimensions: 0.416
Zoning Description: RMU40
Number Of Units Total: 9

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Nearby Places

Name	Type	Address	Distance
Waterloo Maple	is a Canadian software company, headquartered in W...		1.2 km
CKMS-FM	...		1.3 km
Boston Pizza	Restaurant	597 King St N	1.5 km
Ye's Sushi Waterloo	Restaurant	583 King St N	1.5 km
Institute for Quantum Computing	IQC was founded in 2002 primarily through a donati...		1.8 km
Institute for Quantum Computing	University	475 Wes Graham Way	1.8 km
Conestoga Mall	Shopping mall	550 King St N	1.9 km
Conestoga Mall (Waterloo, Ontario)	Located at King Street's interchange with the Cone...		1.9 km
Waterloo Central Railway (Farmers Market Platform)	Establishment	878 Weber St N	1.9 km
Wildcraft Grill Bar	Bar	425 King St N	2.0 km
St. David Catholic Secondary School	David Catholic Secondary School, established in 19...		2.0 km
Saint David Catholic Secondary School	School	4 High St	2.1 km

Similar Townhouses Stat in Waterloo

We have found 1 Townhomes that closely match the specifications of the property located at 616 Silverbirch Road with distances ranging from 2 to 7 kilometers away. The prices for these similar properties vary between 1,695,000 and 1,695,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the N2L4R5 postal code area of Waterloo Ontario Canada.

616 Silverbirch Road mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 616 Silverbirch Road. The current price of the property is $2,099,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,679,200. This would result in a monthly mortgage payment of $9,815 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	15
Bachelor's degree	20
Certificate of Qualification	15
College	65
University degree at bachelor level or above	30

Neighbourhood Marital Status Stat

Married	100
Widowed	15
Divorced	45
Separated	25
Never married	150
Living common law	55
Married or living common law	160
Not married and not living common law	235

Neighbourhood Construction Date

1961 to 1980	155
1981 to 1990	25
1991 to 2000	15
1960 or before	35

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