$1,199,000
40 Menno Street, Waterloo, ON N2L 2A7
, Waterloo,
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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!
- Architectural Style: 2 1/2 Storey
- Property Type: Residential Freehold
- Property Sub Type: Triplex
- DirectionFaces: West
- GarageType: Attached
- Directions: ERB ST to MENNO
- Tax Year: 2024
- Parking Features: Private Double
- ParkingSpaces: 5
- Parking Total: 6
- WashroomsType1: 1
- WashroomsType1Level: Lower
- WashroomsType2: 1
- WashroomsType2Level: Main
- WashroomsType3: 1
- WashroomsType3Level: Second
- BedroomsAboveGrade: 6
- BedroomsBelowGrade: 2
- Interior Features: Accessory Apartment, In-Law Capability, In-Law Suite
- Basement: Full, Finished
- Cooling: Central Air
- HeatSource: Gas
- HeatType: Forced Air
- ConstructionMaterials: Brick, Other
- Roof: Asphalt Shingle
- Sewer: Sewer
- Foundation Details: Stone
- Parcel Number: 224100117
- LotSizeUnits: Acres
- LotDepth: 127
- LotWidth: 41
- PropertyFeatures: Arts Centre, Hospital, Library, Park, Public Transit, Rec./Commun.Centre
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