40 Menno St
Waterloo, N2L 2A7
FOR SALE
$1,325,000

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6 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS12 + 7
ROOMSX11962139
MLSIDContact Us
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 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!
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Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
City
Property Type
Triplex, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
41' x 127'
Acreage
< .50
Fronting
West
Taxes
$6,553 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Bsmt | 10.33' x 16.99' | |
Kitchen | Bsmt | 10.33' x 13.32' | |
Laundry | Bsmt | 11.84' x 6.59' | |
Bathroom | Bsmt | 4.66' x 7.51' | 3 Pc Bath |
Prim Bdrm | Bsmt | 10.24' x 8.23' | |
Br | Bsmt | 10.07' x 7.58' | |
Other | Bsmt | 9.51' x 6.07' | |
Living | Main | 14.50' x 12.40' | |
Prim Bdrm | Main | 12.01' x 11.68' | |
Br | Main | 10.50' x 8.23' | |
Kitchen | Main | 15.32' x 5.25' | |
Bathroom | Main | 7.35' x 5.25' | 3 Pc Bath |
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Listing contracted with Engel & Volkers Waterloo Region








































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