40 Menno Street, Waterloo, ON, N2L 2A7

$1,325,000

MLS® # 40695968

Investment For Sale In Central, Waterloo, Ontario

$1,325,000

Property Information:

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!

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Microwave,Smoke Detector

Exclusions : Tenant's Belonging

Building Features:

  • Floor Space: 2361 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Finished
  • Built in: 1911
  • Construction Materials: Brick, Other
  • Cooling: Central Air
  • Driveway Parking: Lane/Alley Parking, Private Drive Single Wide
  • Floor Space (approx): 2361 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, Built-In Appliances
  • Laundry Features: Coin Operated, Common Area, In-Suite
  • Lot Depth: 127 Feet
  • Lot Features: Irregular Lot, Business Centre, City Lot, Hospital, Library, Park, Public Transit, Quiet Area, Rec./Community Centre, Regional Mall, School Bus Route, Schools, Trails
  • Lot Frontage: 41.00 Feet
  • Other Structures: Shed(s)
  • Parking Features: Attached Garage, Asphalt
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: GR2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: Engel & Volkers Waterloo Region

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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