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.
Chestnut Park Realty Southwestern Ontario Limited
$849,900
98 Waterloo Street, Waterloo, Ontario
5 Bedrooms
3 Bathrooms
1980 Sqft
Property
MLS® Number: 40729032
Address: 98 Waterloo Street
City: Waterloo
Exterior: Brick
Lot Size: 122.59ft x 41.57ft
Utilities
Heating: Natural Gas, Radiant
Parking
Parking Spaces: 4
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Property Sale History
Travel and Neighbourhood
82/100Walk Score®
Very Walkable
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Location
