Well-maintained 22-unit apartment property in Uptown Waterloos desirable North Ward, consisting of two neighbouring buildings on separate lots being sold together. The suite mix includes 3 bachelor units and 19 one-bedroom units, offering excellent rental appeal for singles and couples. Both buildings are professionally managed and benefit from steady tenant demand in this central, walkable location near transit, shopping, dining, and amenities. With current rents below market, there is significant upside potential through turnover and strategic renovations. A rare opportunity to acquire a stable, income-producing asset with long-term value growth in one of Waterloo Regions most sought-after neighbourhoods.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
8200 sq. ft. Square Feet
Total Area:
8,200 sq. ft.762 m2
Lot Depth:
0'0 m
Lot Frontage:
63'6"19.4 m
Water supply:
Municipal
Zoning:
R2
Heating type:
Gas Hot Water
Garage:
Outside/Surface
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$24,699 /
2025
Assessment:
$- /
-
Waterloo
Kitchener
Hot water tanks (owned), coin-operated laundry equipment, existing appliances in all units, all existing light fixtures.
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