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