Introducing a rare triplex opportunity in Kitchener's highly sought-after North Ward, just minutes from Downtown Kitchener and Uptown Waterloo, the GO Station, and expressway. This versatile property features a 1-bedroom, 2-bedroom, and a brand-new bachelor unit completed in 2025—perfect for investors or multi-generational living. With all three units vacant as of August 1, buyers gain immediate flexibility to set market rents or move in and customize. With a projected total revenue of $55,800/year this is a great opportunity at a 6% cap rate. Each unit is completely self-sufficient with its own kitchen and bathroom, with updated finishes throughout. The property offers parking for four vehicles and sits near key amenities like parks, schools, shopping, and public transit. A turn-key addition to any portfolio in one of Kitchener’s most established neighbourhoods. Contact listing agent for financials and book your showing today!
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Listing General Location:
114 - Uptown Waterloo/North Ward, 1 - Waterloo East
Rectangular, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Quiet Area, Rec./Community Centre, School Bus Route, Schools
Features:
Crops Included: No, Garage: No, New Construction: No
Data was last updated July 9, 2025 at 11:50 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$925,000
Min list price:
$479,900
Max list price:
$9,999,999
Avg days on market:
21
Min days on market:
2
Max days on market:
72
Avg price per sq.ft.:
$484.49
These statistics are generated based on the current listing's property type
and located in
1 - Waterloo East. Average values are
derived using median calculations.