38
See all 38 photos
$599,000
Est. payment /mo
4 Beds
3 Baths
1,330 SqFt
New
109 MOORE Avenue Waterloo, ON N2J1X3
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1330
Square Footage 1,330 sqft
Price per Sqft $450
Subdivision 114 - Uptown Waterloo/North Ward
MLS® Listing ID 40823050
Bedrooms 4
Year Built 1928
Property Sub-Type Freehold
Property Description
An exceptional opportunity to own a triplex in a highly sought-after location steps from uptown Waterloo. This property offers strong, reliable income with two established tenants already in place—while providing flexibility for both investors and end-users. The upper unit generates $1,650/month and the basement unit brings in $1,450/month, with tenants paying all utilities—keeping operating costs low and returns high. The main floor unit is rented at $2,100/month, but be vacant on possession, creating a rare opportunity for a buyer to move in and effectively live for free, supported by over $3,100/month in rental income from the other two units. For investors, the option to lease all three units unlocks excellent cash flow with a cap rate above 8%, making this a standout addition to any portfolio. The property also features a durable steel roof and parking for four vehicles—adding long-term value and tenant convenience. Whether you're looking to house hack, expand your portfolio, or secure a high-performing asset in a prime area, this triplex checks all the boxes! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat,
Cooling None
Exterior
Parking Features Yes
Community Features School Bus
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage Yes
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://media.dreamshowing.com/d/1047?view=branded
Listed by RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
NEARBY SCHOOL & BUSINESS
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