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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: 40695968
8
Bedrooms
3
Bathrooms
2361
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 Waterloo’s most desirable neighborhoods, this property is within walking distance of trendy cafés, 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 won’t last long. Don’t miss this incredible opportunity to own a highly desirable triplex in Uptown Waterloo! (68588205)

Location Description

ERB ST to MENNO

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2361 sqft
Subdivision Name
415 - Uptown Waterloo/Westmount
Title
Freehold
Land Size
under 1/2 acre
Built in
1911
Annual Property Taxes
$6,653.40
Parking Type
Attached Garage
Time on REALTOR.ca
42 days

Building

Bathrooms
Total
3
Interior Features
Appliances Included
Microwave, Microwave Built-in
Basement Type
Full (Finished)
Building Features
Features
Paved driveway, Laundry- Coin operated
Foundation Type
Stone
Structures
Shed
Total Units
3
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Other
Neighbourhood Features
Community Features
Quiet Area, Community Centre, School Bus
Amenities Nearby
Hospital, Park, Public Transit, Schools
Parking
Parking Type
Attached Garage
Total Parking Spaces
6

Measurements

Square Footage
2361 sqft
Above Grade Finished
1719 sqft
Source: Other
Below Grade Finished
642 sqft
Source: Other

Land

Lot Features
Frontage
41 ft
Land Depth
127 ft
Other Property Information
Zoning Description
GR2
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
519-800-0080
REALTOR® Website
Email
Book showing
Engel & Volkers Waterloo Region
80 King Street South Unit:105-B
Waterloo, Ontario N2J1P5
519-800-0080
Office Website

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