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98 Waterloo Street Waterloo, Ontario N2J 1X9

5 Bedroom 3 Bathroom

Radiant Heat

$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:58671)

Property Details

MLS® Number	X11930493
Property Type	Single Family
AmenitiesNearBy	Hospital, Place Of Worship, Schools, Park, Public Transit
CommunityFeatures	School Bus
ParkingSpaceTotal	4

Building

BathroomTotal	3
BedroomsAboveGround	3
BedroomsBelowGround	2
BedroomsTotal	5
Amenities	Separate Electricity Meters
Appliances	Dryer, Refrigerator, Stove
BasementDevelopment	Finished
BasementFeatures	Apartment In Basement
BasementType	N/a (finished)
ExteriorFinish	Brick
FoundationType	Poured Concrete
HeatingFuel	Natural Gas
HeatingType	Radiant Heat
StoriesTotal	2
Type	Triplex
UtilityWater	Municipal Water

Land

Acreage	No
LandAmenities	Hospital, Place Of Worship, Schools, Park, Public Transit
Sewer	Sanitary Sewer
SizeDepth	122 Ft ,7 In
SizeFrontage	41 Ft ,6 In
SizeIrregular	41.57 X 122.59 Ft
SizeTotalText	41.57 X 122.59 Ft
ZoningDescription	R4

Aerial

https://www.realtor.ca/real-estate/27818524/98-waterloo-street-waterloo

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Last Updated
January 18 2025 07:07:19

Data Provider
Toronto Real Estate Board

Listing Office
Chestnut Park Realty(Southwestern Ontario) Ltd

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