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Multi-3 UnitMLS® 40849475

10 Shanley Street, Kitchener ON N2H 5N8

Uptown Waterloo/North Ward, Kitchener, N2H 5N8

$799,900

0Bedrooms
0Bathrooms
1,652Sq ft
4Parking
2Storeys
Multi-3 UnitType
65Days on market

The home

About this property

Exceptional turnkey investment opportunity in the heart of Kitchener's thriving Innovation District! Ideally located just two blocks from Google, this fully renovated and fully rented triplex offers immediate cash flow in one of Waterloo Region's most sought-after rental markets. Within walking distance to the University of Waterloo School of Pharmacy, Grand River Hospital, the ION LRT, GO Transit, vibrant downtown amenities, restaurants, and the future growth of the tech corridor, this is an investment positioned for long-term success. This meticulously updated property features three self-contained units, including two spacious 2-bedroom suites and one bright 1-bedroom lower-level apartment, all thoughtfully renovated with quality finishes and designed to attract and retain excellent tenants. Each unit offers a modern kitchen, updated bathroom, in-suite laundry, contemporary flooring, and its own hydro meter, providing convenience for tenants and reduced operating costs for the owner. Extensive capital improvements provide true peace of mind, including updated plumbing and electrical with all knob-and-tube wiring removed, new appliances throughout, rebuilt front porch, new gutters and downspouts, new window wells, new fencing and privacy walls, a new water softener (2022), individual thermostats for each unit, and much more. The property also offers parking for up to five vehicles with two separate driveways—a rare and valuable feature in this highly walkable urban neighbourhood. Whether you're expanding your real estate portfolio or purchasing your first income property, this low-maintenance, income-producing triplex combines a premier location, quality renovations, and strong rental demand in one exceptional package. Opportunities like this in Kitchener's Innovation District are rare—don't miss your chance to invest in one of the region's fastest-growing communities.

Specifications

Property details

Property type

Residential Income

Lot

60 x 103.94 Square Feet

Taxes

$4,851 (annual)

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Walk-Out Access, Full, Finished

Parking

4 total

Days on market

65

What's included

Features and amenities

Interior

Separate Hydro Meters

Lot

Irregular LotPublic TransitSchoolsShopping Nearby

Appliances

Water SoftenerDryerRefrigeratorStoveWasher

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Cari Ann Hewick, RE/MAX SOLID GOLD REALTY (II) LTD. (the Cornerstone Association of REALTORS®).

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Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.