132 Allen St E
Waterloo, N2J 1J4
FOR SALE
$1,200,000
Sold
$1,000,000
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5
BEDROOMS3
BATHROOMS3
KITCHENS15
ROOMSX7202228
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-10 | 2023-12-06 | 57 | $1,200,000 | $1,000,000 | Sold |
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Property Description
LOCATION, LOCATION, LOCATION! Welcome to this exceptional TRIPLEX located at 132 Allen St E. A rare gem that is nestled in the heart of Uptown Waterloo! This property embodies the perfect blend of modern comfort and timeless charm, making it an enticing opportunity for both investors and homeowners seeking income potential! Invest in a city that's continually expanding and attracting tech-savvy talent and businesses! UNIT ONE: 1 Bed, 1 Bath, 1 Garage Space. UNIT TWO: 2 Beds, 1 Bath, 1 Garage Space. UNIT THREE: 2 Beds, 1 Bath, 1 Garage Space. All three units offer comfortable living spaces and a cozy ambiance! Unit One was recently renovated with top-notch finishes, giving it a refreshed look and feel. Imagine customizing Unit Two and Three to your taste, giving you the opportunity to design and update according to your preferences! This property includes ample parking spaces (including a detached 3 car garage!), ensuring convenience for tenants and guests!
Extras
BONUS - Unit One and Three will be VACANT mid December. STUDENTS - just a 5 minute drive to Wilfrid Laurier University, University of Waterloo and Conestoga College Waterloo Campus! Located close to Grand River Hospital & Conestoga Mall.
Nearby Intersections
King & University (112)
Property Features
Golf, Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Triplex, 3-Storey
Approximate Sq.Ft.
2500-3000
Acreage
< .50
Fronting
East
Taxes
$5,407 (2023)
Basement
Finished, Full
Exterior
Brick, Stucco/Plaster
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Similar Listings
This is an extremely well-situated triplex with proximity to all the locales that make Waterloo great: situated steps to Waterloo Park's LRT station, in front of the Barrel Works Development and a quick walk to night life, cafes, Waterloo Park and Waterloo Rec Centre. CIGI across the street. Perimeter Institute and Clay and Glass museum around the corner. Interior updates include vinyl plank flooring. Thousands recently spent on exterior improvements including new asphalt and retaining wall. Nine, lined, parking spots. Additional parking spots can be rented to Barrelworks tenants or Seagram Loft residents. Due to proximity to all amenities, AIRBNB could also be a very lucrative option. From a traditional rental perspective, next owner can go to market rents immediately and capitalize on perhaps the The Best Rental Market in Canada. This could also be a rare opportunity to live in Uptown with the possibility of enjoying mortgage helper income from two other units! Note 116 Erb Street West, also available, can be added to your purchase for a mixed use application: office main unit, four bedroom residential on upper levels. Combining 116 Erb (mixed office/residential) with 114 Erb Street makes the site even more compelling and may unlock development opportunity. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer?
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