114 Church Street, Waterloo, ON N2G 2S4
114 Church Street, Waterloo, ON N2G 2S4
114 Church Street, Waterloo, ON N2G 2S4
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Listed by Matthew Rooney • RE/MAX Twin City Realty Inc.
$1,099,000
Est. payment /mo
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6 Beds
5 Baths
2,651 SqFt
New

114 Church Street Waterloo, ON N2G 2S4

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Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,651 sqft

Price per Sqft $414

MLS Listing ID 40860922

Bedrooms 6

Abv Grd Liv Area 2,651

Annual Tax Amount $7,100

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

An exceptional investment opportunity in the heart of Kitchener! This beautiful legal century triplex combines timeless character with extensive modern upgrades, offering investors a truly turnkey addition to their portfolio. Ideally located just a short walk from Downtown Kitchener and the Kitchener Market LRT stop, the property provides tenants with convenient access to transit, restaurants, shopping, entertainment and everything the downtown core has to offer. Currently generating an impressive 4.6% cap rate, all three units are occupied by great young professional tenants paying market rents plus utilities, providing strong and reliable income from day one. The property has undergone substantial upgrades, including updated plumbing and electrical, forced-air furnaces, water heaters, roof, windows, aluminum fascia, soffits and eaves. The interiors have also been thoughtfully updated with new kitchens, bathrooms, flooring, stainless steel appliances and much more, creating attractive, comfortable living spaces that appeal to today's tenants. With its combination of legal triplex status, market rents, extensive capital improvements and a highly walkable location, this is a rare opportunity to acquire a well-maintained, income-producing property with the character of a century home and the major updates already taken care of. A fantastic investment in one of Kitchener's most convenient and connected locations!

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning SGA-1

Direction Church St and Eby St

Rooms

Basement Walk-Up Access, Full, Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Electric, Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Hot Water Tank Owned, Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Gravel

Roof Type Asphalt Shing

Lot Frontage 68.81

Lot Depth 65.45

Garage No

Building

Lot Description Irregular Lot, City Lot, Hospital, Public Parking, Public Transit, Shopping Nearby

Faces Church St and Eby St

Story 3

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 225020008

Ownership Freehold/None


Nearby Locations

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Mico Radulovic

Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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