CAD $1,265,000
40 Menno Street, Waterloo, ON, N2L 2A7, CA
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Listing Courtesy of  ENGEL & VOLKERS WATERLOO REGION
8 Bd
3 Ba
AM-5067639
MLS#: X11962139
Rare Investment Opportunity in Prime Uptown Waterloo! Discover this exceptional legal triplex ( two 2 bedroom units and one 4 bedroom unit ), perfectly situated in the heart of Uptown Waterloo, 4 minutes walk to restaurants, shops, Waterloo Town Square, LRT, Waterloo Park and all the conveniences of city living. With a rare Lane-way (Wells Lane) access at the back with additional 3 parking and a shed, this property offers both functionality and investment appeal . Property Highlights: Turnkey and fully updated with numerous recent upgrades, ensuring a hassle-free investment. The main unit is brand new and vacant, making it ideal for an owner-occupier or a high-quality tenant at market rent. The upper unit and lower unit are both leased to great
tenants at market rates, providing immediate and stable rental income. Located in one of Waterloos most desirable neighbourhoods, this property is within walking distance of trendy cafes, restaurants, boutique shops, parks, and public transit, offering unbeatable convenience. Why Invest Here? 1-Strong rental demand in a sought-after location. 2-Ideal for investors looking for a solid income property with minimal maintenance. 3-Perfect for house hacking - live in one unit while tenants help cover your mortgage. 4 - Highest land value in Waterloo Region With its prime location, modern upgrades, and strong rental potential, this rare find wont last long. Don't miss this incredible opportunity to own a highly desirable triplex in Uptown Waterloo!
tenants at market rates, providing immediate and stable rental income. Located in one of Waterloos most desirable neighbourhoods, this property is within walking distance of trendy cafes, restaurants, boutique shops, parks, and public transit, offering unbeatable convenience. Why Invest Here? 1-Strong rental demand in a sought-after location. 2-Ideal for investors looking for a solid income property with minimal maintenance. 3-Perfect for house hacking - live in one unit while tenants help cover your mortgage. 4 - Highest land value in Waterloo Region With its prime location, modern upgrades, and strong rental potential, this rare find wont last long. Don't miss this incredible opportunity to own a highly desirable triplex in Uptown Waterloo!
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Listing Highlights

  • Subtype

    Triplex
  • Architectural Style

    2 1/2 Storey
  • Garage Spaces

    1
  • Attached Garage Y/N

    Yes
  • Stories

    2
  • Tax Annual Amount

    $6,553.4
  • Heating

    Natural Gas, Forced Air
  • Cooling

    None
  • County

    Waterloo

Property Details

  • Interior Features

      Bedrooms

    • Bedrooms: 8
    • Bathrooms

    • Total Bathrooms: 3
    • Other Rooms

    • Basement: [object Object]
    • Basement Description: Finished, Full
    • Heating & Cooling

    • Heating: Natural Gas, Forced Air
    • Cooling: None
  • Dimensions & Layout



    SecondLiving Room2.72 x 4.04
    Bathroom2.06 x 1.73
    Kitchen4.29 x 4.04
    Bedroom3.4 x 2.87
    Primary Bedroom3.51 x 2.87
    MainLiving Room3.78 x 4.42
    Bathroom1.6 x 2.24
    Kitchen1.6 x 4.67
    Primary Bedroom3.56 x 3.66
    Bedroom2.51 x 3.2
    BasementOther1.85 x 2.9
    Laundry2.01 x 3.61
    Bedroom2.31 x 3.07
    Kitchen4.06 x 3.15
    Living Room5.18 x 3.15
    Primary Bedroom2.51 x 3.12
    Bathroom2.29 x 1.42
    UpperBedroom5.18 x 3.73
    Bedroom2.84 x 3.73
  • Exterior Features
    Patio And Porch Features
    Deck
    Pool Features
    None
  • Construction
    Property Type
    Residential Income
    Construction Materials
    Brick
    Property Subtype
    Triplex
    Foundation Details
    Stone
    Architectural Style
    2 1/2 Storey
    Roof
    Asphalt
  • Parking
    Parking Total
    6
    Garage
    Yes
    Garage Spaces
    1
    Parking Features
    Attached

Location

  • ON
  • Waterloo
  • N2L 2A7
  • Waterloo
  • 40 Menno Street

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CAD $7,382.2

This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Toronto Regional Real Estate Board

Updated: April 1, 2025 4:30 AM