Home with brick exterior material, street for 40 Menno St, Waterloo Ontario N2L 2A7
Re-listed 3 days ago

40 Menno St, Waterloo, Ontario N2L 2A7

Townhouse
6 + 2
3
~1500-2000 sqft
$•••,•••
$999,900
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$5,000Cashback
Townhouse
6 + 2
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market3 days

Total days on market
145 days

Estimated valueNot available

Price/Sqft$583/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$667K

Median sold price*

*Based on last 30 days

Description

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 neighborhoods, this property is within walking distance of trendy cafés, 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 hackinglive 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. Dont miss this incredible opportunity to own a highly desirable triplex in Uptown Waterloo!


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size5,207 SqFt(127 x 41)
Parking Spaces6
MLS ®NumberX12251849
Community NameCentral
Data SourceTRREB
Listing byENGEL & VOLKERS WATERLOO REGION

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Finished

2nd Floor

Br

3.4 x 2.87

Bathroom

2.06 x 1.73

Living

2.72 x 4.04

Kitchen

4.29 x 4.04


Features

Lot size: 5,207 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 5

Total parking spaces 6


Market Data - Central

Geo Zone Map ThumbnailCentral

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

52 days

Compared to

2024

19 days

2023

21 days

2022

7 days

New Listings

Past 30 days

2 listings

Compared to

2024

5 listings

2023

2 listings

2022

5 listings

Units sold

Past 30 days

2 units

Compared to

2024

2 units

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$547,500

Compared to

2024

$666,500

2023

$475,000

2022

$422,000


Population and Demographics

Overview

Total population 13995
Average household income $123,262

Age (%)

0 to 19
13%
20 to 34
38%
35 to 49
15%
50 to 64
13%
65 and plus
21%

Household composition (%)

Single person
44%
Single family
43%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
79%
Others
5%
Mandarin
5%
German
2%
Spanish
1%
French
1%
Hindi
1%
Arabic
1%

House tenancy (%)

Renters
64%
Owners
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget