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98 WATERLOO Street
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98 WATERLOO Street $849,900
$849,900
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98 WATERLOO Street
Waterloo, Ontario N2J1X9

MLS® Number: 40691331
5
Bedrooms
3
Bathrooms
1980
Square Feet

Listing Description

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. (68508582)

Location Description

Moore Ave

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1980 sqft
Subdivision Name
114 - Uptown Waterloo/North Ward
Title
Freehold
Land Size
under 1/2 acre
Built in
1942
Annual Property Taxes
$3,932.04
Total Parking Spaces
4
Time on REALTOR.ca
69 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Finished)
Building Features
Features
Laundry- Coin operated
Foundation Type
Poured Concrete
Rental Equipment
Other, Water Heater
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Radiant heat, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Hospital, Place of Worship, Schools, Shopping
Parking
Total Parking Spaces
4

Measurements

Square Footage
1980 sqft
Above Grade Finished
1980 sqft
Source: Other

Land

Lot Features
Frontage
42 ft
Land Depth
123 ft
Other Property Information
Zoning Description
R4
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
519-804-7200
519-885-1251
REALTOR® Website
Email
Book showing
Chestnut Park Realty Southwestern Ontario Limited
75 King Street South Unit 50A
Waterloo, Ontario N2J1P2
519-804-7200
519-885-1251
Office Website
519-498-5808
519-885-1251
REALTOR® Website
Email
Book showing
Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
75 King Street South Unit 50
Waterloo, Ontario N2J1P2
519-804-7200
519-885-1251
Office Website

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