Rare Investment Opportunity in Prime Uptown Waterloo
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 Waterloo’s most desirable neighborhoods, this property is within walking distance of trendy cafés, 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 won’t 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 Waterloo’s most desirable neighborhoods, this property is within walking distance of trendy cafés, 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 won’t last long. Don’t miss this incredible opportunity to own a highly desirable triplex in Uptown Waterloo!
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Listing Highlights
Subtype
Single Family ResidencePrice Per Sq Ft
$697.5Year Built
1911Architectural Style
Two StoryGarage Spaces
1Attached Garage Y/N
YesLiving Area (Sq Ft)
1,719 sq.ftTax Annual Amount
$6,653.4Heating
Forced Air, Natural GasCooling
None, Central AirCounty
Waterloo
Property Details
- Interior Features
- Bedrooms: 8
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Level Bathrooms: 1
- Total Rooms: 19
- Main Level Bedrooms: 2
- Basement: [object Object]
- Basement Description: Walk-Up Access, Full, Finished
- In-Law Floorplan
- Laundry Features: Multiple Locations, In Unit
- Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
- Cooktop
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Washer
- Heating: Forced Air, Natural Gas
- Cooling: None, Central Air
Bedrooms
Bathrooms
Other Rooms
Interior Features
Appliances
Heating & Cooling
- UtilitiesWater SourcePublic
- Exterior FeaturesLot FeaturesIrregular Lot, City LotPatio And Porch FeaturesDeck
- ConstructionProperty TypeResidentialConstruction MaterialsBrick, OtherYear Built1911Property SubtypeSingle Family ResidenceFoundation DetailsStoneArchitectural StyleTwo StoryRoofAsphaltAbove Grade Finished Area1719Below Grade Finished Area642Building Area Total2361
- ParkingParking Total6GarageYesGarage Spaces1Parking FeaturesAsphalt, Attached
Location
- ON
- Waterloo
- N2L 2A7
- Waterloo
- 40 Menno Street
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CAD $6,997.04
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Updated: May 5, 2025 10:20 PM