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:4069)
Address
98 WATERLOO STREET
List Price
$849,900
Property Type
Single Family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Waterloo
Bedrooms
5
Bathrooms
3
Lot Size
41.57 x 122.59 FT Sq. Ft.
MLS® Number
X11930493
Listing Brokerage
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Basement Area
N/A (Finished)
Postal Code
N2J1X9
Zoning
R4
Site Influences
Hospital, Place of Worship, Schools, Park, Public Transit
Amenities
Separate Electricity Meters
