262 Hazel Street, Waterloo
262 Hazel Street in Waterloo - 10 bedroom, 4 bathroom. Listed at $1,296,000.
A rare three-property land assembly in one of the closest residential pockets to Wilfrid Laurier University. Steps to campus and situated on a direct GRT bus route to the University of Waterloo, this is one of the most convenient student-housing locations in the city. The assembly is currently configured for 22 rooms across the three properties, arranged as 6 separate self-contained units, each with its own bathroom, kitchen and common area - a proven, income-generating layout with exceptional walkability to both campuses, transit, shopping and amenities. With future development potential on a very manageable scale - a sensible, achievable build rather than an outsized or overly ambitious project, with possible expansion to neighbouring properties - this is an outstanding holding for investors and developers seeking scale, steady student-rental income, and long-term appreciation in Waterloo's University District. 262, 264, 266 Hazel must be purchased together.
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 2250 sqft
- Basement: Full
- Heating: Gas
- Cooling: None
- Parking: 6 spaces
- Property Taxes: $11,028/yr
- Postal Code: N2L 3N9
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