Homes for sale - 98 Waterloo Street, Waterloo, ON N2J 1X9

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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

$849,900

Est. payment - /mo

5 Beds

3 Baths

1,980 SqFt

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UPDATED:

01/18/2025 05:33 AM

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

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Listed by Chestnut Park Realty Southwestern Ontario Limited

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

98 Waterloo Street Waterloo, ON N2J 1X9

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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98 Waterloo Street