Property Information:

Unique Investment Property In Uptown Waterloo. 30, 34, 38, 40 Laurel St, Waterloo – This investment opportunity features an outstanding turnkey purpose-built Apartment complex including 3 detached homes plus a detached garage nestled in uptown Waterloo. Offering a total of 72 Bedrooms with a solid rental history and strong income potential. Main building has 2 x 1100SF Workshop/Commercial spaces plus a leasing office. Located within walking distance to Grand River Hospital, LRT, a variety of shops, cafes, and popular restaurants, this well-maintained property blends urban convenience with long-term investment stability and affordability for the region. Current zoning provides for mixed-use development value, or any aspect of future development. Additional income from the garage/workshop/parking/laundry. Don’t miss your chance to own a strategic income-generating asset in the ever-expanding Waterloo market. (id:27)

Building Features:

Style: Multiplex
Basement Type: None
Construction Material: Concrete block, Concrete Walls
Exterior Finish: Aluminum siding, Concrete, Metal, Other
Floor Space: 20700 sqft
Heating Type: Other

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 72
Access Type: Highway access
Amenities Nearby: Park, Public Transit, Schools, Shopping
Community Features: High Traffic Area
Features: Laundry- Coin operated
Floor Space (approx): 20700 Square Feet
Irregular: Yes
Lot Frontage: 75 Feet
Lot Size: 0.67 Acres
Zoning: U1-60
Sewer: Municipal sewage system
Parking Type: Detached garage, Open
No. of Parking Spaces: 30

Courtesy of: Re/Max Icon Realty

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Demographic Information of 30-40 LAUREL Street, Waterloo, Ontario, N2J 2H2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$144,258.16

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.28 %

High school certificate or equivalent

18.33 %

Apprenticeship trade certificate/diploma

6.12 %

College/non-university certificate

18.6 %

University certificate (below bachelor)

1.89 %

University Degree

41.78 %

Commuter

Travel To Work

By Car

78.96 %

By Public Transit

2.52 %

By Walking

7.19 %

By Bicycle

0.92 %

By Other Methods

10.41 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

61.62 %

Houses

38.38 %

30-40 LAUREL Street, Waterloo, Ontario, N2J 2H2