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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.
City: Waterloo
Purchase Price | $849900 |
Down Payment | $169980 |
Mortgage Insurance | $0 |
Total Mortgage | $679920 |
Mortgage Payment | $4190 |
Property Taxes | $328 |
Maintenance Fees | $0 |
Monthly Payment | $4518 |
Located at 98 Waterloo St , this Waterloo house is available for sale. This property was listed for $849,900 on Sat Jan 18 2025. This house's size is 41.57 x 122.59 Feet. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: . This property comes with 4 parking spots.
MLS#: X11930493 · $849,900 · 3 bedroom house in Waterloo