Home with brick exterior material, street for 98 Waterloo St, Waterloo Ontario N2J 1X9
Re-listed 16 days ago

98 Waterloo St, Waterloo, Ontario N2J 1X9

Townhouse
3 + 2
3
~1500-2000 sqft
$849,900
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Townhouse
3 + 2
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$495/sqft

Est. Mortgage$3,650/mo

Tax Amount (2024)$3,932/yr

Days On Market16 days

Total Days On Market423 days


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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size5,096 SqFt(122.59 x 41.57)
Parking Spaces4
MLS ®NumberX12162723
Community NameCentral
Data SourceTRREB
Listing byCHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Features

Heating: Radiant
Basement: Finished, Apartment

Features

Lot size: 5,096 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD, Brokerage

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Market Data - Central

Geo Zone Map ThumbnailCentral

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

8 days

Compared to

2024

25 days

2023

0 day

2022

7 days

New Listings

Past 30 days

8 listings

Compared to

2024

4 listings

2023

3 listings

2022

3 listings

Units sold

Past 30 days

2 units

Compared to

2024

2 units

2023

0 unit

2022

2 units

Median Sold Price

Past 30 days

$1,012,500

Compared to

2024

$722,500

2022

$677,500


Population and Demographics

Overview

Total population 13995
Average household income $123,262

Age (%)

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

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