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Waterloo,ON N2J 1X9
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11930493
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,932
Tax Year 2024
Property 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.
Location
Province ON
County Waterloo
Area Waterloo
Zoning R4
Rooms
Family Room Yes
Basement Finished,Apartment
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Separate Hydro Meter
Cooling None
Inclusions All appliances - fridge x3, stove x3, washing machine and dryer
Exterior
Parking Features Private,Other
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 41.57
Lot Depth 122.59
Total Parking Spaces 4
Building
Foundation Poured Concrete