Turnkey multi-residential investment - six fully leased two-storey brick townhouse units in a row, generating income from day one. Works out to only $350,000 per unit, this is an exceptional entry point into one of Ontario's strongest rental markets. Each unit features two bedrooms, a full washroom, and a rec room in the basement. Situated on a large 0.4-acre lot with 9 rear parking spaces, backing onto greenspace in a quiet, family-oriented neighbourhood minutes from the University of Waterloo and Wilfrid Laurier University - ensuring consistently strong rental demand. Excellent long-term mature tenants in place. Significant future development potential on this large lot!
| MLS # | X13707380 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 11 |
| Listing Provided By | RE/MAX PRESIDENT REALTY | X13707380 156700 |
| SQ Feet | 5,160 |
|---|---|
| Acreage | 0.12 |
| Cooling | No |
|---|
| Community Features | Public Transit |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 10796 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | BLK F PL 1250 CITY OF WATERLOO; S/T 376706; WATERLOO |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2L 4R7 |
| Listing VS Median (in N2L 4R7) | |
Price: $2,100,000 low | high Med: $2,100,000 sqft: 5,160 low | high Med: 5,160 $ / sqft: $407 low | high Med: $407 On site: 11 low | high Med: 11 | |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2L 4R7 |
| Listing VS Median (in N2L 4R7) | |
Price: $2,100,000 low | high Med: $2,100,000 sqft: 5,160 low | high Med: 5,160 $ / sqft: $407 low | high Med: $407 On site: 11 low | high Med: 11 | |