109 Moore Ave S, Waterloo, ON N2J 1G2, Canada
109 Moore Ave S, Waterloo, ON N2J 1G2, CanadaBasics
- Date added: Added 16 hours ago
- Category: Residential Income
- Type: Multi-3 Unit
- Status: Active
- Bedrooms: 4
- Bathrooms: 3
- Area: 1330 sq ft
- Year built: 1928
- County Or Parish: Waterloo
- MLS ID: 40823050
Description
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Description:
An exceptional opportunity to own a triplex in a highly sought-after location steps from uptown Waterloo. This property offers strong, reliable income with two established tenants already in place—while providing flexibility for both investors and end-users. The upper unit generates $1,650/month and the basement unit brings in $1,450/month, with tenants paying all utilities—keeping operating costs low and returns high. The main floor unit is rented at $2,100/month, but be vacant on possession, creating a rare opportunity for a buyer to move in and effectively live for free, supported by over $3,100/month in rental income from the other two units.
For investors, the option to lease all three units unlocks excellent cash flow with a cap rate above 8%, making this a standout addition to any portfolio.
The property also features a durable steel roof and parking for four vehicles—adding long-term value and tenant convenience. Whether you're looking to house hack, expand your portfolio, or secure a high-performing asset in a prime area, this triplex checks all the boxes!
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Location
- Parking Total: 4
- Direction Faces: North
Building Details
- Number Of Units Total: 3
- Building Area Total: 1330 sq ft
- Number Of Buildings: 0
- Parking Features: Detached Garage, Asphalt
- Security Features: Carbon Monoxide Detector(s)
- Covered Spaces: 1
- Construction Materials: Brick
- Garage Spaces: 1
- Roof: Asphalt Shing, Metal
Amenities & Features
- Water Source: Municipal
- Appliances: Water Softener, Refrigerator, Stove
- Sewer: Sewer (Municipal)
- Cooling: None
- Interior Features: Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
- Heating: Natural Gas, Radiant
- Frontage Type: North