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Jason O'Keefe, REALTOR® · Real Home Experts · Real Broker Ontario Ltd., Brokerage · (519) 904-2845
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22 James Street, Waterloo

$1,599,000

MLS® X14163818 · Listed by SAM MCDADI REAL ESTATE INC.

Bedrooms10
Bathrooms6
TypeFourplex
Days on market5

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Discover an exceptional investment opportunity in a vibrant Waterloo neighbourhood. This multiplex offers strong, dependable cash flow with over $80K in annual gross rental income, while providing excellent potential for future rental growth. The property comprises five self-contained apartments with a total of 10 spacious bedrooms and 5 full kitchens, making it an ideal addition to any investment portfolio. Offering peace of mind for both owners and tenants, the building is equipped with a hard-wired fire alarm system throughout all units and common areas. Positioned in a prime location just steps from Wilfred Laurier University, University of Waterloo, Conestoga College and vibrant Uptown Waterloo, the property benefits from consistent demand from students, faculty, and young professionals alike. Residents enjoy convenient access to the ION Light Rail, Waterloo Park, shopping, grocery stores, cafés, restaurants, fitness centres, entertainment venues, and the region's thriving technology corridor, home to many of Canada's leading employers. This property offers a compelling opportunity to increase revenue over time while benefiting from long-term appreciation. Whether you're expanding an established portfolio or acquiring your first multi-residential asset, this turnkey investment combines immediate income, future upside, and an unbeatable location.

Price history

Listed at$000,000
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Joining does not oblige you to buy, sell or lease with anyone. There is no fee, and this is not an agreement for anyone to represent you. Real Homes is run by Jason O'Keefe, REALTOR®, and his team, Real Home Experts, at Real Broker Ontario Ltd., Brokerage. By creating an account you agree to the following. (1) You are entering into a lawful broker-consumer relationship with Jason O'Keefe, REALTOR®, of Real Broker Ontario Ltd., Brokerage. The real estate board requires this before sold prices and price history may be shown to you. (2) The listing information here is for your own personal, non-commercial use. (3) You have a genuine (bona fide) interest in buying, selling or leasing real estate of the kind shown here. (4) You will not copy, redistribute, retransmit or otherwise use any of the listing information or data, except when you are considering the purchase, sale or lease of a particular property. (5) You will not, directly or indirectly, display, post, disseminate, distribute, publish, broadcast, transfer, sell or sublicense any listing information to another person or organization. (6) Points 4 and 5 include artificial intelligence. You will not use any AI system or technology, or any other technology that is meant to collect, store, reorganize, analyze, summarize or manipulate listing information or related data, or that has that effect, and you will not provide listing information to any such system or technology, directly or indirectly. (7) You will not scrape (screen scraping and database scraping included), mine data, or do anything else meant to collect, store, reorganize, summarize or manipulate listing information or related data. (8) You acknowledge that the MLS® database, the MLS® system, the MLS® data and listing information, and any related information, are owned by PropTx Innovations Inc. and the real estate boards it serves, among them the Toronto Regional Real Estate Board, and that their proprietary rights and copyright in all of it are valid. (9) You authorize PropTx, those boards and their other members, or people they authorize, to access this site to check that it follows the MLS® rules and policies and to monitor how members' listings are displayed. (10) Our Privacy page, linked below, sets out every way we collect, use and share your information. By joining you consent to it, including that your information may be shared with the real estate board and PropTx for auditing or legal purposes. We will email you to confirm your address and your agreement to these terms. We note which link or ad brought you here and keep it with your account, so we can see which of them people use. It stays in the systems we use to run this service and keep our client records. Questions? Call (519) 904-2845.

The real estate board lets us show sold prices only to people who agree to the terms above and confirm their email. The account is free. Tapping the button is your agreement; it does not oblige you to buy or sell with anyone.

Privacy

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What it costs monthly

– per month, mortgage only

Illustration only - taxes, insurance, condo fees and CMHC insurance are extra. Ask your agent to connect you with a mortgage broker for a real number.

Cash you need to close

Down payment–
Ontario land transfer tax–
First-time buyer refund–
8% Ontario tax on mortgage insurance (paid in cash, can't go on the mortgage)–
Lawyer, title insurance and registration–
Home inspection (optional)–

– cash to close, roughly

No municipal land transfer tax here; that is Toronto only. Plus small adjustments for property tax or utilities the seller prepaid. An estimate for planning; your lawyer confirms the final number.

Sold homes in Waterloo

1,857 sales in Waterloo from the last two years are in our records.

With a free, confirmed account you see each sale: the address, the sold price beside the asking price, the month it sold and the days on the market. You also see sold homes on the map, the sales on the same street as a home you are looking at, and the price history of a home that is for sale. A confirmed account is two steps: the short form, then a tap on the link we email you.

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