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$1,325,000
Available - For Sale
Listing ID: X11962139
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 Waterloos most desirable neighbourhoods, this property is within walking distance of trendy cafes, 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 wont last long. Don't miss this incredible opportunity to own a highly desirable triplex in Uptown Waterloo!
Price $1,325,000
Taxes: $6,553.4
Assessment: $515000
Assessment Year: 2024
Address: 40 Menno St , Waterloo, N2L 2A7, Ontario
Lot Size: 41 x 127 (Feet)
Acreage: < .50
Directions/Cross Streets: ERB ST
Rooms: 12
Rooms +: 7
Bedrooms: 6
Bedrooms +: 2
Washrooms: 3
Kitchens: 2
Kitchens +: 1
Family Room: N
Basement: Finished
Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Bsmt Living 16.99 10.33
Room 2: Bsmt Kitchen 13.32 10.33
Room 3: Bsmt Laundry 6.59 11.84
Room 4: Bsmt Bathroom 7.51 4.66 3 Pc Bath
Room 5: Bsmt Prim Bdrm 8.23 10.23
Room 6: Bsmt Br 7.58 10.07
Room 7: Bsmt Other 6.07 9.51
Room 8: Main Living 12.40 14.50
Room 9: Main Prim Bdrm 11.68 12.00
Room 10: Main Br 8.23 10.50
Room 11: Main Kitchen 5.25 15.32
Room 12: Main Bathroom 5.25 7.35 3 Pc Bath
No. of Pieces Level
Washroom 1:  3 Bsmt
Washroom 2:  3 Main
Washroom 3:  4 2nd
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: Attached
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 5
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 1500-2000
Property Features: Hospital
Library
Park
Public Transit
Rec Centre
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Sewers: Sewers
Water: Municipal
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ENGEL & VOLKERS WATERLOO REGION

40 Menno St , Waterloo, N2L 2A7, Ontario

Personal Picture
MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Triplex
Area: Waterloo
Municipality: Waterloo
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Style: 2 1/2 Storey
Lot Size: 41.00 x 127.00(Feet)
Approximate Age: 100+
Tax: $6,553.4
Maintenance Fee: $0
Beds: 6+2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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