Waterloo, ON N2L 2A7,40 Menno ST
Waterloo, ON N2L 2A7,40 Menno ST
Waterloo, ON N2L 2A7,40 Menno ST
Waterloo, ON N2L 2A7,40 Menno ST
Waterloo, ON N2L 2A7,40 Menno ST
Waterloo, ON N2L 2A7,40 Menno ST
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$ 1,199,000
Est. payment | /mo

6 Beds

3 Baths


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$ 1,199,000
Est. payment | /mo
Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X12099606

Style 2 1/2 Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $6,553

Tax Year 2024

Property Sub-Type Triplex

Property 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!

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Full, Finished

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Accessory Apartment, In-Law Capability, In-Law Suite

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Garage Spaces 1.0

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 41.0

Lot Depth 127.0

Total Parking Spaces 6

Building

Unit Features Arts Centre,Hospital,Library,Park,Public Transit,Rec./Commun.Centre

Foundation Stone

Listed by ENGEL & VOLKERS WATERLOO REGION
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40 Menno ST