22 JAMES STREET
Waterloo, Ontario
MLS® X14163818
$1,599,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14163818
- Bedrooms
- 10
- Bathrooms
- 6
- Year built
- —
Listing description
Discover an exceptional investment opportunity in a vibrant Waterloo neighbourhood. This multiplex offers strong, dependable cash flow with over $80K in annual gross rental income, while providing excellent potential for future rental growth. The property comprises five self-contained apartments with a total of 10 spacious bedrooms and 5 full kitchens, making it an ideal addition to any investment portfolio.
Offering peace of mind for both owners and tenants, the building is equipped with a hard-wired fire alarm system throughout all units and common areas. Positioned in a prime location just steps from Wilfred Laurier University, University of Waterloo, Conestoga College and vibrant Uptown Waterloo, the property benefits from consistent demand from students, faculty, and young professionals alike. Residents enjoy convenient access to the ION Light Rail, Waterloo Park, shopping, grocery stores, cafés, restaurants, fitness centres, entertainment venues, and the region's thriving technology corridor, home to many of Canada's leading employers.
This property offers a compelling opportunity to increase revenue over time while benefiting from long-term appreciation. Whether you're expanding an established portfolio or acquiring your first multi-residential asset, this turnkey investment combines immediate income, future upside, and an unbeatable location.
Property summary
- MLS® number
- X14163818
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 76 x 90.6 FT
- Annual property taxes
- $13,709.87
- Parking
- 6 spaces · Garage
- Days on market
- 1 day
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Central air conditioning
- Basement
- Apartment in basement, N/A
- Appliances
- Window Coverings, Water Heater
- Exterior features
- Brick
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $1,599,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of SAM MCDADI REAL ESTATE INC., MISSISSAUGA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.