[SOLD] Condo For Sale in Waterloo Ontario near schools, shopping & RIM - just $145,000 !

INVESTMENT PROPERTY FOR SALE 1 0 - 3 3 5 N O RT H L A K E D R I V E LOCATION: Waterloo, ONTARIO SIZE: 2 bedroom condo in walk-up complex Pro Forma Financial Statement Rental Income $ 10,800 $ 10,800 Insurance (approx) $ 500 Condominium Maintenance Fee $ 2880 Hydro Tenant pays Property Taxes $ 1300 Management (5%) $ 540 Total Expenses $5,200 Net Operating Income $5,600Well maintained two bedroom condominium in a terrific Waterloo location near high tech companies likeRIM, Descartes, AGFA, Google, Open Text, as well as the two Universities and Conestoga College.Built in the early 1990s, this complex is ideally set near the St Jacobs Farmers Market, beautiful walking trails,and is a short drive to an Expressway onramp which leads to 401 highway access. Pearson Airport is about aone hour drive away, depending on traffic of course.There is a Light Rapid Transit (LRT) station planned at Northfield & Parkside, a short walk away. The pro-posed LRT plan would allow a tenant to walk to the LRT station & take it all the way to Fairview Park Mall,and eventually Sportsworld Crossing and into Cambridge, Ontario.The combination of a quiet country setting, proximity to major employers & access to transportation makesthis a location tenants will continue to love. Offered for sale at $ 145,000 For more information contact: Benjamin Bach, Director & Sales Rep 519.772.4376 BenjaminBach.com Benjamin@BenjaminBach.com A division of Keller Williams KW Commercial, a division of Keller Williams Golden Triangle Realty Inc., Brokerage | 9-871 Victoria Street North, Kitchener Ontario N2B 3S4 | 519-570-4447Independently owned and operated. Not intended to solicit buyers or properties under contract. All information contained herein is believed to be accurate but is not warranted by the Listing Brokerage, and is subject to errors, omissions, corrections, changes in price, prior sale or withdrawal from market without notice

INVESTMENT PROPERTY FOR SALE 1 0 - 3 3 5 N O RT H L A K E D R I V E LOCATION: Waterloo, ONTARIO SIZE: 2 bedroom condo in walk-up complex Subject property 10-335 Northlake Proposed LRT station For more information contact: Benjamin Bach, Director & Sales Rep 519.772.4376 BenjaminBach.com Benjamin@BenjaminBach.com A division of Keller Williams KW Commercial, a division of Keller Williams Golden Triangle Realty Inc., Brokerage | 9-871 Victoria Street North, Kitchener Ontario N2B 3S4 | 519-570-4447Independently owned and operated. Not intended to solicit buyers or properties under contract. All information contained herein is believed to be accurate but is not warranted by the Listing Brokerage, and is subject to errors, omissions, corrections, changes in price, prior sale or withdrawal from market without notice

INVESTMENT PROPERTY FOR SALE 1 0 - 3 3 5 N O RT H L A K E D R I V E Proposed Rapid Transit Initiative map from the Region of Waterloo from: http://rapidtransit.region.waterloo.on.ca/pdfs/Rapid_Transit_Initiative_with_future_bus_connections.pdf Subject property For more information contact: Benjamin Bach, Director & Sales Rep 519.772.4376 BenjaminBach.com Benjamin@BenjaminBach.com A division of Keller Williams KW Commercial, a division of Keller Williams Golden Triangle Realty Inc., Brokerage | 9-871 Victoria Street North, Kitchener Ontario N2B 3S4 | 519-570-4447Independently owned and operated. Not intended to solicit buyers or properties under contract. All information contained herein is believed to be accurate but is not warranted by the Listing Brokerage, and is subject to errors, omissions, corrections, changes in price, prior sale or withdrawal from market without notice

INVESTMENT PROPERTY FOR SALE 1 0 - 3 3 5 N O RT H L A K E D R I V E Recent Comparable Sales in the Northlake Condominium Complex Level Sale Price Month Main Level $ 143,000 November Lower Level $ 141,000 November Top Level $ 144,777 October Top Level $ 145,000 October Main Level $ 140,000 August Lower Level $ 134,500 July For more information contact: Benjamin Bach, Director & Sales Rep 519.772.4376 BenjaminBach.com Benjamin@BenjaminBach.com A division of Keller Williams KW Commercial, a division of Keller Williams Golden Triangle Realty Inc., Brokerage | 9-871 Victoria Street North, Kitchener Ontario N2B 3S4 | 519-570-4447Independently owned and operated. Not intended to solicit buyers or properties under contract. All information contained herein is believed to be accurate but is not warranted by the Listing Brokerage, and is subject to errors, omissions, corrections, changes in price, prior sale or withdrawal from market without notice

INVESTMENT PROPERTY FOR SALE 1 0 - 3 3 5 N O RT H L A K E D R I V E About Waterloo RegionPeople PowerDiverse. Innovative. Entrepreneurial. Creative. Enterprising. There are many adjectives used to describe the Waterloo Regionslabour force. The one constant is "talent." The presence of world-leading companies – from RIM, to Microsoft, to Toyota – whotap this resource with direct hires, and leverage considerable R&D capability in the Region, attests to this significant competitiveadvantage.An outstanding post-secondary education (50,000 students) feeds the constant regeneration of the talent feedstock, and spin-off ofnew companies leveraging intellectual property generated in the Regions academic institutions. The University of Waterloo consis-tently leads Canadian University Reputational Rankings (Macleans 2007) and has a world renowned Faculty of Computer Science.The Conestoga College Institute of Technology and Applied Learning has been Ontario’s top-ranked College nine of the last tenyears. Wilfrid Laurier University is known for excellence in business, economics, music, and graduate studies.The Waterloo Region is home to internationally-focused research institutes: Perimeter Institute, Centre for International Govern-ance Innovation, and Academic Council on the United Nations System.A Matter of Economy – the Advanced Technology ClusterThe fabric of the Waterloo Regions dynamism, and its future, is woven from the threads of industry employing advanced technol-ogy in their product development and manufacturing processes, and using advanced technology as a key driver of business competi-tiveness. The Regions Advanced Technology Cluster crosses many sectors, but has particular prominence in the automotive, ICT,advanced manufacturing, and business and financial services sectors. The regions innovation prowess is reflected in the 26,000+employed at 450 information technology companies. Competitive business costs and the most diverse economy in Ontario drivethe continued expansion of the advanced technology cluster.A Growth LeaderBetween 2001 and 2006, the Waterloo Region:• was one of the fastest growing communities in Canada• had the 6th fastest growing employment growth of all Canadian urban centres• had the 3rd youngest median age of all Canadian urban centres• generated 21.5 billion in GDP• had the 2nd highest ratio of manufacturing labour force to total labour force in CanadaThe Waterloo Region economy generates roughly $12 billion in exports annually.Location Location LocationThe Waterloo Region is located astride highway 401, Canada’s busiest thoroughfare with convenient access to northeast and mid-west U.S. markets by road. The Region lies one hour away from Toronto, Canadas leading head office capital and largest censusmetropolitan area (5.1 million people). The Toronto International Airport, Canadas busiest airport, is 45 minutes away. 60% of theU.S. market lies within a two hour flight time. The Waterloo International Airport has daily service to Detroit, Calgary and Ot-tawa. Information from Canada’s Technology Triangle – http://www.techtriangle.com For more information contact: Benjamin Bach, Director & Sales Rep 519.772.4376 BenjaminBach.com Benjamin@BenjaminBach.com A division of Keller Williams KW Commercial, a division of Keller Williams Golden Triangle Realty Inc., Brokerage | 9-871 Victoria Street North, Kitchener Ontario N2B 3S4 | 519-570-4447Independently owned and operated. Not intended to solicit buyers or properties under contract. All information contained herein is believed to be accurate but is not warranted by the Listing Brokerage, and is subject to errors, omissions, corrections, changes in price, prior sale or withdrawal from market without notice

INVESTMENT PROPERTY FOR SALE 1 0 - 3 3 5 N O RT H L A K E D R I V ELife Is BetterWork life balance is important to residents of the Waterloo Region. A study of level of life satisfaction in Canadian cities (UBC,2007) ranks the Waterloo Region 4th in Canada. Recreation and leisure opportunities are extensive. The Waterloo Region pridesitself on being a safe and healthy community. It has the fourth lowest crime rate in Canada (2007).The Waterloo Region provides a high standard of living at affordable costs. Cost of living is 1/3 less than in Toronto. Theres alsomore time to enjoy life outside work. 80% of commuters in Waterloo Region live less than 30 minutes from work, with a mediancommute distance of 5.6 kilometres (3.5 miles).The Waterloo Region – Global LeaderThe Waterloo Region produces world-renowned products known for their distinctiveness, including RIMs Blackberry, and Toy-otas Lexus RX350. The Waterloo Region is the recipient of numerous community awards: World’s Best Managed Waterway forthe Grand River, the Silver Award for International Livable Community, and Top Intelligent Community in the world (2007).Economic GrowthFor the second consecutive year (2008), the Waterloo Region registered the highest reading among Canadian metropolitanareas in the CIBC World Markets Metropolitan Economic Activity Index. Based on nine key macroeconomic variables and driversof economic growth, the Index is designed to capture the rate of change in the level of economic activity in Canadas largest 25cities. The latest CIBC Report noted that the Waterloo Region ranked very high in most of the nine individual categories, enablingit to maintain its leading position. Key factors in the Region were strong population and employment growth with overall job gainsof 4.6% over the past year (more than triple the national average), and a strong housing market.A Productive and Prosperous CommunityThe Waterloo Region is one of Canada’s fastest growing communities, expected to reach 729,000 people by 2031. The growthrate of the Region is nearly twice the Canadian average. The median population age is one of the lowest in Canada. In 2006,Canadas Technology Triangles Gross Domestic Product (GDP) was worth $21.5 billion, larger than several Canadian provinces.Canadas Technology Triangle’s workforce grew 14.3% between 2001 and 2006.Canadian Investment EnvironmentCanada’s excellent economic fundamentals and political stability provide a first-rate, low-risk business environment. Canada has astrong fiscal position. Prior to the 2008 global downtown, Canada experienced the 2nd longest period of economic expansion inCanadian history, and reduced national debt at a record rate. Canadas economic performance is expected to lead the G-7 nationsin 2009. Stephen Hawking Accepts Research Post in Waterloo "Canadas profile in the international physics community got a huge boost today as renowned superstar cosmologist Stephen Hawking accepted a research post at the countrys "crown jewel" of theoretical physics study. Hawking will hold the title of distinguished research chair at the prestigious Perimeter Institute for Theoretical Physics (University of Water- loo). " (Canadian Press, November 27, 2008) Information from Canada’s Technology Triangle – http://www.techtriangle.com For more information contact: Benjamin Bach, Director & Sales Rep 519.772.4376 BenjaminBach.com Benjamin@BenjaminBach.com A division of Keller Williams KW Commercial, a division of Keller Williams Golden Triangle Realty Inc., Brokerage | 9-871 Victoria Street North, Kitchener Ontario N2B 3S4 | 519-570-4447Independently owned and operated. Not intended to solicit buyers or properties under contract. All information contained herein is believed to be accurate but is not warranted by the Listing Brokerage, and is subject to errors, omissions, corrections, changes in price, prior sale or withdrawal from market without notice

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[SOLD] Condo For Sale in Waterloo Ontario near schools, shopping & RIM - just $145,000 !

by Benjamin Bach on Dec 03, 2010

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[SOLD] Condo For Sale in Waterloo Ontario near schools, shopping & RIM - just $145,000 ! — Document Transcript