616 Silverbirch Road, Waterloo, ON, N2L 4R5

MLS® # 40556754

Investment For Sale In Lakeshore, Waterloo, Ontario

$2,099,000

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616 Silverbirch Road, Waterloo, ON, N2L 4R5

$2,099,000

Property Information:

SOLID and Well cared for purpose built 9-PLEX. GREAT Multi-Family Investment Property with outstandingincome & 4.8% Cap rate. All units occupied. RMU40 zoning, concrete construction comprised of 8x2 bedroomunits 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 getmuch better than this in Waterloo Region. Reach out to Listing Realtors for a copy of financial brochure.

Inclusions: Hot Water Tank Owned,9 Fridges, 9 Stoves, Huebsch Coin Washing Machine, Huebsch Coin Clothes Dryer, 2 Hot Water Heaters, Water Softener.

Exclusions : Tenant Belongings.

Building Features:

Floor Space: 5700 Square Feet

Property Features:

Bedrooms: 0
Acres Range: < 0.5
Basement: Full, Finished
Built in: 1965
Cooling: Wall Unit(s), Other
Driveway Parking: Outside/Surface/Open
Floor Space (approx): 5700 Square Feet
Heating: Natural Gas, Radiator
Laundry Features: Coin Operated
Lot Features: Highway Access, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby, Trails
Lot Frontage: 80.00 Feet
Other Structures: Shed(s)
Parking Features: Asphalt
Roof: Flat, Metal
Security Features: Carbon Monoxide Detector(s)
Water Source: Municipal
Zoning: RMU40
Sewer: Sewer (Municipal)
No. of Parking Spaces: 13

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Radu Nicolici

Sales Representative Royal LePage Wolle Realty , Brokerage*

Mobile:519.897.8855

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FLAV ONSEN

Sales Representative Royal LePage Wolle Realty , Brokerage*

Mobile:519.240.9119

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Market Price Trends

Location of 616 Silverbirch Road, Waterloo, ON, N2L 4R5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

51/100

High

ClimateCheck®

Current data

This property, 616 Silverbirch Road , experiences 7 hot days per year at around 30.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.1 degrees Celsius.

Projected Avg. Temperature

Past

30.5℃

2050

34.1℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 616 Silverbirch Road , experiences 11 significant 2-day storms per year, with about 321mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.7mm of precipitation per year.

Precipitation Per Storm

Past

321mm

2050

397.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 616 Silverbirch Road, Waterloo, ON, N2L 4R5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$96,081.94

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.03 %

High school certificate or equivalent

35.76 %

Apprenticeship trade certificate/diploma

3.03 %

College/non-university certificate

19.58 %

University certificate (below bachelor)

0.07 %

University Degree

18.53 %

Commuter

Travel To Work

By Car

78.51 %

By Public Transit

10.64 %

By Walking

4.51 %

By Bicycle

0.0 %

By Other Methods

6.34 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.3 %

Houses

54.7 %

Own Vs. Rent

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616 Silverbirch Road, Waterloo, ON, N2L 4R5 $2,099,000 MLS® # 40556754

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 616 Silverbirch Road, Waterloo, ON, N2L 4R5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 616 Silverbirch Road, Waterloo, ON, N2L 4R5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

616 Silverbirch Road, Waterloo, ON, N2L 4R5

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