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40 MENNO STREET
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40 MENNO STREET $1,325,000
$1,325,000
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40 MENNO STREET
Waterloo, Ontario N2L2A7

MLS® Number: X11962139
6 + 2
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing Description

Rare Investment Opportunity in Prime Uptown Waterloo! Discover this exceptional legal triplex ( two 2 bedroom units and one 4 bedroom unit ), perfectly situated in the heart of Uptown Waterloo, 4 minutes walk to restaurants, shops, Waterloo Town Square, LRT, Waterloo Park and all the conveniences of city living. With a rare Lane-way (Wells Lane) access at the back with additional 3 parking and a shed, this property offers both functionality and investment appeal . Property Highlights: Turnkey and fully updated with numerous recent upgrades, ensuring a hassle-free investment. The main unit is brand new and vacant, making it ideal for an owner-occupier or a high-quality tenant at market rent. The upper unit and lower unit are both leased to great tenants at market rates, providing immediate and stable rental income. Located in one of Waterloos most desirable neighbourhoods, this property is within walking distance of trendy cafes, restaurants, boutique shops, parks, and public transit, offering unbeatable convenience. Why Invest Here? 1-Strong rental demand in a sought-after location. 2-Ideal for investors looking for a solid income property with minimal maintenance. 3-Perfect for house hacking - live in one unit while tenants help cover your mortgage. 4 - Highest land value in Waterloo Region With its prime location, modern upgrades, and strong rental potential, this rare find wont last long. Don't miss this incredible opportunity to own a highly desirable triplex in Uptown Waterloo! (39853181)

Location Description

ERB ST

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2.5
Square Footage
1500 - 2000 sqft
Land Size
41 x 127 FT|under 1/2 acre
Annual Property Taxes
$6,553.40
Parking Type
Attached Garage, Garage
Time on REALTOR.ca
43 days

Building

Bedrooms
Above Grade
6
Below Grade
2
Bathrooms
Total
3
Interior Features
Appliances Included
Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Basement Type
Full (Finished)
Building Features
Foundation Type
Stone
Structures
Deck, Shed
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Park, Public Transit, Schools
Parking
Parking Type
Attached Garage, Garage
Total Parking Spaces
6

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Main level
Kitchen
Bathroom
Living room
Primary Bedroom
Bedroom
Second level
Living room
Kitchen
Primary Bedroom
Bedroom
Bathroom
Basement
Living room
Kitchen
Laundry room
Bathroom
Primary Bedroom
Bedroom
Other
Upper Level
Bedroom
Bedroom

Land

Lot Features
Frontage
41 ft
Land Depth
127 ft
Other Property Information
Zoning Description
GR2
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
DENNIS MEHRAVAR
Broker of Record
519-800-0080
Email
Book showing
ENGEL & VOLKERS WATERLOO REGION
Brokerage
80 KING ST SOUTH STE 105
WATERLOO, Ontario N2J1P5
519-800-0080
Office Website

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DENNIS MEHRAVAR