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$ 1,599,000
Est. payment | /mo
10 Beds
6 Baths
6,824 Sqft Lot
$ 1,599,000
Est. payment | /mo
10 Beds
6 Baths
6,824 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X14163818
Style 2-Storey
Bedrooms 10
Annual Tax Amount $13,709
Tax Year 2026
Lot Size 6,824 Sqft
Property Sub-Type Fourplex
Property Description
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.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Apartment
Kitchen 5
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 76.0
Lot Depth 90.57
Total Parking Spaces 6
Building
Unit Features Public Transit,School,Park,Other
Foundation Poured Concrete
Others
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/22_james_st_waterloo_on
Listed by SAM MCDADI REAL ESTATE INC.
Nearby Locations
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Kimberlee Warburton
Administrative Assistant