98 Waterloo Street new Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2J 1X9
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 1,980 sqft
Price per Sqft $429
MLS Listing ID 40691331
Bedrooms 5
Abv Grd Liv Area 1,980
Originating Board Waterloo Region
Year Built 1942
Annual Tax Amount $3,932
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 1 - Waterloo East
Zoning R4
Direction Moore Ave
Rooms
Basement Full,Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Natural Gas,Radiant
Cooling None
Fireplace No
Appliance Refrigerator,Stove
Laundry Coin Operated,Shared
Exterior
Roof Type Asphalt Shing
Lot Frontage 41.57
Lot Depth 122.59
Garage No
Building
Lot Description Hospital,Place of Worship,School Bus Route,Schools,Shopping Nearby,Trails
Faces Moore Ave
Story 2
Foundation Poured Concrete,Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick
New Construction No
Others
Senior Community false
Tax ID 223310042
Ownership Freehold/None