98 Waterloo Street Waterloo, Ontario N2J 1X9
$849,900
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. (id:19593)
Property Details
| MLS® Number | 40691331 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Place Of Worship, Schools, Shopping |
| CommunityFeatures | School Bus |
| EquipmentType | Other, Water Heater |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Other, Water Heater |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 5 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1942 |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 1980 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Place Of Worship, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 123 Ft |
| SizeFrontage | 42 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R4 |
https://www.realtor.ca/real-estate/27817251/98-waterloo-street-waterloo
Broker of Record
(519) 804-7200
(519) 885-1251
www.chestnutparkwest.com/
www.linkedin.com/in/leequaile/
twitter.com/InvestingInKW
www.instagram.com/lee.quaile/
75 King Street South Unit 50a
Waterloo, Ontario N2J 1P2
(519) 804-7200
(519) 885-1251
chestnutparkwest.com/
Salesperson
(519) 498-5808
(519) 885-1251
debbietsintaris.com/
ca.linkedin.com/in/debbie-tsintaris-28ab211b9
www.instagram.com/debbietsintaris/
75 King Street South Unit 50
Waterloo, Ontario N2J 1P2
(519) 804-7200
(519) 885-1251
www.chestnutparkwest.com/
www.facebook.com/ChestnutParkWest
www.instagram.com/chestnutprkwest/
Interested?
Contact us for more information
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January 18 2025 12:03:54
Kitchener-Waterloo Association of REALTORS®
Chestnut Park Realty Southwestern Ontario Limited, Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
