Size
1980 sqft
Lot size
5096 sqft
Street frontage
-
Possession
-
Price per sqft
$429
Taxes
$3,932.04 (2024)
Parking Type
-
Style
Other
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Description
Discover a fantastic investment opportunity with this deceptively spacious triplex, ideally situated near Mary Allen Park, just steps from Uptown Waterloo and minutes from downtown Kitchener. This property combines location, functionality, and strong rental income potential, making it an ideal choice for savvy investors. The triplex features two separate driveways with paved parking for up to four vehicles, ensuring convenience for tenants. A fully fenced yard provides privacy and outdoor space, while the shared coin-operated laundry adds to tenant amenities and offers additional income potential. Each unit is equipped with its own hydro meter, allowing for separate utility management. The property has been thoughtfully maintained, with an updated electrical system in 2004, a newer water heater, and a recently serviced furnace ensuring reliable operation. With two units currently tenanted and one vacant, this property provides immediate income and the flexibility to attract a new tenant or explore other opportunities. Its prime location near parks, shopping, and public transit makes it a highly desirable rental property with long-term growth potential.
Broker: Chestnut Park Realty Southwestern Ontario Limited
MLS®#: 40729032
Property details
Parking:
4
Parking type:
-
Property type:
Multiplex
Heating type:
Natural Ga
Style:
Other
MLS Size:
1980 sqft
Lot front:
41 Ft
Lot depth:
122 Ft
Listed on:
May 15, 2025
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