Exceptional 12-unit multifamily investment opportunity in the heart of Waterloo. Situated on a 0.37-acre site, this well-maintained red brick building features a suite mix of 1 one-bedroom and 11 two-bedroom apartments, complemented by a surface parking lot at the rear of the property. Many units have been thoughtfully renovated with modern finishes, including new vinyl flooring, stainless steel appliances, and updated bathroom fixtures, offering tenants a comfortable and contemporary living experience. The property is fully occupied, providing investors with immediate in-place income. Located along Weber Street North, residents benefit from excellent connectivity and proximity to key amenities. The property is minutes from Wilfrid Laurier University, and the University of Waterloo. Nearby, tenants enjoy easy access to grocery stores, shopping centres, restaurants, and parks, while public transit, including the ION LRT, ensures convenient travel across Kitchener-Waterloo. Highway 85 is also close by, providing quick access to Highway 401 and the broader region. This is a strong, income-producing asset in one of Ontario's fastest-growing cities, well-positioned for long-term appreciation. |
Price | $3,000,000 |
Taxes: | $32625.82 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 146 Weber Stre North , Kitchener, N2J 3H1, Waterloo |
Postal Code: | N2J 3H1 |
Province/State: | Waterloo |
Legal Description: | LT 51-51 PL 897 CITY OF WATERLOO; S/T 15 |
Directions/Cross Streets: | Weber St N & Lincoln Rd |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 0 | |
Washroom Type 12 | 0 | |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 |
Category: | Apartment |
Use: | Apts - 6 To 12 Units |
Building Percentage: | T |
Total Area: | 0.37 |
Total Area Code: | Acres |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | No |
Sewers: | Sanitary+Storm |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
COLLIERS |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Waterloo |
Municipality: | Kitchener |
Neighbourhood: | Dufferin Grove |
Tax: | $32,625.82 |
Fireplace: | N |