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Dennis Mehravar

[email protected] +1(519) 498-1229

Listed by Dennis Mehravar • Engel & Volkers Waterloo Region

$ 1,265,000

Est. payment -/mo

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Price Dropped by $60K

40 Menno Street Waterloo, ON N2L 2A7

8 Beds

3 Baths

1,719 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,719 sqft

Price per Sqft $735

MLS Listing ID 40695973

Style Two Story

Bedrooms 8

Full Baths 3

Abv Grd Liv Area 2,361

Originating Board Waterloo Region

Year Built 1911

Annual Tax Amount $6,653

Property Sub-Type Detached

Property 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!

Location

Province ON

County Waterloo

Area 4 - Waterloo West

Zoning GR2

Direction ERB St to Menno St

Rooms

Other Rooms Shed(s)

Basement Walk-Up Access, Full, Finished

Kitchen 3

Interior

Interior Features Accessory Apartment, Built-In Appliances, In-law Capability, In-Law Floorplan

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Built-in Microwave, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Laundry In-Suite, Multiple Locations

Exterior

Parking Features Attached Garage, Asphalt

Garage Spaces 1.0

Roof Type Asphalt Shing

Porch Deck

Lot Frontage 41.0

Lot Depth 127.0

Garage Yes

Building

Lot Description Urban, Irregular Lot, Arts Centre, Business Centre, City Lot, Hospital, Library, Park, Public Transit, Quiet Area, Rec./Community Centre, Regional Mall, School Bus Route, Schools, Shopping Nearby, Trails

Faces ERB St to Menno St

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Two Story

Structure Type Brick,Other

New Construction No

Others

Senior Community No

Tax ID 224100117

Ownership Freehold/None

Dennis Mehravar

License Partner, Broker of Record

+1(519) 498-1229

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