12 Bridgeport Road E 9, Waterloo

$379,900
12 Bridgeport Road E 9

$379,900

New
8d
Condo Apartment2-Storey

12 Bridgeport Road E 9, Waterloo

Total Monthly Obligation $2,606

Beds
4
Baths
2
Park
1
Sqft
1000-1199
DOM
8d
Score
24
Yield
8.2%
Cash on Cash
2.2%
Cap Rate
5.0%
5Y IRR
17.3%
10Y IRR
16.0%
Property Type-Condo Apartment
MLS® Number-X14080108
Beds-4
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Apartment
Age-16-30
Taxes-$3,099.74 (2025)
Maintenance-$615.34/mo
Locker-None
Parking-1 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

FULLY VACANT!! Calling all investors, parents of university students, and savvy buyers looking for an exceptional income-generating opportunity! This exceptional 4-bedroom apartment was previously rented for $3,300 per month, offering a strong rental history and excellent income potential for investors. This one-of-a-kind property offers outstanding rental potential with a spacious multi-level layout featuring 4 bedrooms, a bathroom on every level, and a shared kitchen configuration ideal for student housing or multi-tenant occupancy. The spacious floor plan offers a seamless flow throughout the apartment, providing the perfect balance of comfort and every day living. Freshly painted throughout and enhanced with new waterproof vinyl flooring on the upper level, this move-in-ready property blends modern updates with timeless character. Originally a 1900s industrial building thoughtfully converted to residential use in 2002, this unique home showcases soaring ceilings, exposed beams, exposed brick, and stone accents, creating a stunning urban loft feel that stands out from the ordinary. Residents also enjoy access to secured bike storage, a media lounge/recreation area to relax and unwind, and convenient onsite laundry facilities. Located in one of Waterloo's most sought-after neighbourhoods, take advantage of the proximity to the University of Waterloo, Wilfred Laurier University, Conestoga College Waterloo Campus, the ION LRT, public transit, grocery stores, restaurants, cafés, and everyday amenities. Enjoy miles of scenic walking trails just moments from your doorstep, offering outdoor enthusiasts the perfect opportunity to explore the natural beauty of the surrounding area year-round. With a proven rental history, consistently high occupancy, and the flexibility of being fully vacant, this is a rare opportunity for investors to set their own rents or for end users looking to capitalize on an incredible location. Book your private showing today!

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$303,920
Land Transfer Taxes$4,174
Legal Fees (Est.)
$
Total cash required for closing$81,654

Total Monthly Obligation

$2,606/mo
Mortgage $1,532
Monthly Loss $2,203
Principal$403
Interest$1,129
Property Tax$258
Condo Fees$615
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.9%57
10-Year IRR
13.1%
Returns Index
29.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,200/yr
NOI
$15,196/yr
Net Cash Flow
-$266/mo
Cash Margin
-10.2%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
32.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 12 Bridgeport Road E 9

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.