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

98 Waterloo St, Waterloo, Ontario N2J 1X9

Townhouse
-
3
~1980 sqft
$849,900
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Townhouse
-
3
~1980 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$429/sqft

Est. Mortgage$3,650/mo

Tax Amount (2024)$3,932/yr

Days On Market1 day

Total Days On Market401 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

StyleResidential Income
View-
Age of property1942
SqFt~1980 SqFt
Lot Size5,096 SqFt(122.59 x 41.57)
Parking Spaces4
MLS ®Number40729032
Community NameCentral
Data SourceITSO
Listing byChestnut Park Realty Southwestern Ontario Limited

Features

Heating: Natural Gas, Radiant
Basement: Full, Finished

Features

Lot size: 5,096 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

May 15, 2025
ListedActive
$849,900
1 day on market
history photo preview46
Listing by itso®
Property listed by Chestnut Park Realty Southwestern Ontario Limited, Brokerage

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Market Data - Central

Geo Zone Map ThumbnailCentral

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

60 days

Compared to

2024

10 days

2023

21 days

2022

5 days

New Listings

Past 30 days

5 listings

Compared to

2024

9 listings

2023

1 listing

2022

4 listings

Units sold

Past 30 days

4 units

Compared to

2024

4 units

2023

1 unit

2022

2 units

Median Sold Price

Past 30 days

$766,500

Compared to

2024

$985,000

2023

$675,000

2022

$832,500


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