Discover a meticulously maintained multi-family investment with market-competitive rents. This unique opportunity features TEN townhome units, all included under a single title in a prime location, with condominium conversion potential. Average rent in the property is $2,299 per month plus all utilities.
Each of the ten units underwent a comprehensive renovation in 2020, including new flooring, modern kitchens and baths, new appliances and fire safety systems. The property consists of 6 two-bedroom and 4 three-bedroom townhomes, designed with a common hallway and private entrances at the back of each unit.
All units are self-contained, featuring finished basements that provide additional living space, as well as individual furnaces, air conditioning, hot water heaters, and in-suite laundry machines. Tenants are responsible for their own utilities, while the owner pays for hallway lighting, waste removal, snow clearing, landscaping, and insurance.More details
Rarely does an opportunity like this come along on one of Kitchener's most coveted streets. Steeped in history & lovingly maintained w/its original charm & character. This dream home is situated on a 60 ft wide lot overlooking Victoria Park Lake. This distinctive yellow brick home greets you with its oversized welcoming porch & ushers you in through a unique front door into a gracious foyer & immediately you are wowed by the woodwork, hardwood floors & classic time period bannnister. There is space for your entire family and guests with 3 large bedrooms, 3 baths and 2 self contained units. It's easy to add the attic space back to the main house for additional square footage, extra bedrooms, living room and full bathroom. The Coach House makes for an amazing home business space, airbnb, space for aging parents or kids to leave home without actually leaving home! The main floor of the home is perfect for entertaining with the spacious kitchen, oversized island, commercial grade appliances and walkout to the party sized deck. The main floor offers formal living room with wood burning fireplace, a formal dining room with pocket doors and a family room open to the kitchen. Upstairs you will find a king size primary bedroom with plenty of natural light from the floor to ceiling windows and newly renovated 3pc ensuite. At the front of the home is a secondary bedroom & hall access balcony, both enjoy a view over the lake. The 3rd bedroom is across from the spacious main bathroom and 2nd floor laundry. Outside you will find The Coach House, which was lovingly restored in 2008 & now offers a convenient double car garage with ample room for storage and a self contained 1 bedroom suite with full kitchen, oversized bathroom, spacious foyer and classic bannister. Both secondary units are currently vacant for you to use as you please!More details
RARE 66' FRONTAGE ON COVETED STREET IN UPTOWN WATERLOO! DOUBLE LANEWAY! OVER $7,100 IN RENTAL INCOME PER MONTH! This renovated triplex offers exceptional location and development potential. Situated in the distinguished, community-oriented neighbourhood of Mary Allen, 60 George offers a rare opportunity in one of Waterloo’s most walkable and desirable areas. Just steps from Uptown Waterloo, the LRT, Grand River Hospital, LCBO, trendy shops, popular restaurants, and more – convenience truly meets lifestyle here. This versatile property features three self-contained units: a spacious 3-bedroom unit in the original main house; a cozy 1-bedroom unit on the main floor of the addition; and a well-appointed 2-bedroom unit on the second floor. Plus, there's additional space in the separately contained walkout basement that offers potential for additional living space, storage, or future expansion. Set on a lot with 66-foot frontage, the property includes double laneways, a detached garage, and a generous yard, making it ideal for tenants, homeowners, or developers, presenting an incredible opportunity to invest in a high-demand area with strong rental appeal and long-term growth.More details
Investor Alert – Fresh Opportunity at 65 Colton Circle!
Back on the market and ready for its next chapter, this turn-key legal duplex in Kitchener’s highly sought-after Lackner Woods neighbourhood is the income-generating property you've been waiting for. Whether you're expanding your portfolio or just getting started, this is a rare chance to invest in a well-maintained, cash-flow-ready asset in a prime location.
Set just steps from the picturesque Grand River trails and surrounded by top-rated schools, this property is perfectly positioned to attract reliable, long-term tenants. With shopping, restaurants, movie theatres, and everyday essentials all within a 5 km radius—not to mention quick access to major highways—this address offers serious tenant appeal.
The main unit spans two levels and features a bright, open-concept layout, hardwood floors, a cozy gas fireplace, and a proper dining area. It includes three spacious bedrooms, a 5-piece main bath, a powder room, ensuite off the primary, and convenient main floor laundry.
Downstairs, the legal 2-bedroom basement apartment is completely self-contained with a separate entrance and modern finishes—ideal for boosting rental income or accommodating multi-generational living.
The fully fenced backyard features a large deck, providing great outdoor space for tenants to enjoy—adding even more value to this investment.
Properties like this don’t come around often. With two quality rental units, a desirable neighbourhood, and strong income potential, 65 Colton Circle is an opportunity you don’t want to miss—book your private showing today!
*Roof shingles were replaced in April 2022
*Concrete siding outside house added in 2024
*New Sump pump August 2024
*Basement renovated with city Permits in June 2024More details
INCREDIBLE INVESTMENT OPPORTUNITY!! This nearly new purpose built duplex even has potential for further development in the basement!
3 separate entrances – separate hydro service and HVAC for each unit. The location is great! Nearby schools, transit, shopping, highway, movie theatre and parks!
All three levels have 9’ ceilings and feature plenty of natural light. Upper unit features open concept as well as a beautiful balcony.
The upper unit primary bedroom has a walk in closet as well as a 3 pc ensuite. It also has 2 more bedrooms and a 4pc bathroom.
The main floor unit has 2 beds with ensuite privilege as well as back deck!
Hurry this is a great chance to add to your investment portfolio!More details
Attention investors! Looking for a 6% or better cap rate in Waterloo Region? Well this is your opportunity! This large 9 room licensed student rental property is in the prime location of Waterloo's university core! Located on the edge of Wilfred Laurier and a short walk to UofW, this student magnet is very easy to rent because it's close to everything they need! Great sized rooms and the charm and character of this property make this a wonderful place to live!More details
Located in Kitchener’s desirable East Ward, 119 FAIRMOUNT ROAD presents a rare opportunity to acquire a LEGAL PURPOSE-BUILT TRIPLEX offering strong investment fundamentals and future upside. This well-maintained building WITH OVER 2368 sqft finished, features TWO 2-BEDROOM UNITS and ONE 1-BEDROOM UNIT, each fully self-contained with its own kitchen, bathroom, and living space—ideal for owner-occupiers, investors expanding their portfolio, or those seeking house-hack potential. The property sits on a DEEP 46' X 126' LOT with ample green space and PARKING FOR FOUR VEHICLES, enhancing tenant appeal. Unit 1 features a walkout to the backyard and updated flooring and is currently tenanted. Unit 2 is VACANT, offering immediate rental flexibility or move-in potential, while Unit 3 rounds out the building with two bedrooms and a full bath. Additional highlights include THREE OWNED HOT WATER TANKS, SEPARATE HYDRO METERS for each unit, shared laundry, and major updates including a NEW ROOF (2022) and FURNACE (2021). This area is HIGHLY SOUGHT AFTER—steps to Fairmount Park, minutes from downtown Kitchener, the LRT, Kitchener Market, Centre in the Square, and Fairview Mall. Quick access to the EXPRESSWAY and HIGHWAY 401 make this a commuter-friendly location. Backed by consistent rental demand and future value-add possibilities, this triplex offers STEADY CASH FLOW with the option to enhance returns through minor cosmetic updates or market rate turnover. Whether you're looking to LIVE IN ONE UNIT AND RENT THE OTHERS or hold as a fully tenanted investment, 119 Fairmount Road is a smart addition to any real estate portfolio.More details
Welcome to 42 Cardil Crescent! $59,400+ Gross Annual Income scheduled to the end of August, 2025 with a nice ability to build on to the current revenue stream!
This strategically located property is within a ten minute walk to both University of Waterloo (UW) and Wilfrid Laurier University (WLU) and 55,000 students. Nestled in the prestigious Sugarbush neighbourhood, a savvy investor may want to consider the additional medium to long term value of the proposed Sugarbush South Corridor Expansion Initiative while noting the significant property value increases in the adjacent Northdale neighbourhood - when the Northdale Mixed Use zoning was passed there.
The current layout of the dwelling consists of two separate, City approved, rental-licensed units. Property shows sharp - recent improvements include updated vinyl plank flooring and fresh paint. Updated life safety system inspection (2024). Six out of eight rooms furnished with bed, mattress, chair and desk. Spacious bedrooms. Turn key operation.
This property checks all the boxes for a variety of buyers: first-time homeowners looking for a mortgage helper, university or tech employees who want to live close to work, parents searching for a prime location for their university-bound children, or investors seeking a strong rental opportunity in one of Ontario's most desirable markets.
Flexible closing! Don't miss out on this incredible opportunity to schedule a private showing today!More details
Legal bungalow duplex in the highly sought-after Forest Heights neighbourhood! This turnkey property features a bright and spacious 3-bedroom, freshly painted main floor unit with brand new stone kitchen counters and new kitchen flooring. The 2-bedroom walkout lower unit features its own private entrance, ensuite laundry, and separate driveway.
Perfect mortgage helper! Live in the main floor unit while generating rental income from the lower-level suite to help offset your mortgage. Ideal for first-time buyers, multi-generational families, or savvy investors, this property offers parking for at least two vehicles per unit and excellent long-term potential. Located in a prime area close to shopping, top-rated schools, parks, and major highways, this is a smart investment that practically pays for itself! Rarely available—act fast!More details
This LEGAL DUPLEX will offer you a positive $600/month CASHFLOW! Ideally located in vibrant downtown Kitchener this property will generate a gross income of $50,000/year (a net income of $40,000/year). Great opportunity for investors or homeowners looking to offset their mortgage with rental income. This well-maintained property features two beautifully updated 2-bedroom units, each with separate laundry facilities and modern finishes. Unit 1: Main Floor + Basement Unit: 2 beds, 1.5 baths – Market rent approx. $2,200/month. Unit : Upper Unit: 2 beds, 1 bath – Market rent approx. $1,950/month. With three dedicated parking spaces, a fully fenced backyard with a patio, and a location that puts you steps from parks, transit (ION Light Rail & bus routes), the Tannery District, Google, restaurants, and more, this property is the definition of convenience. Whether you're looking to move in and set your own rents or add a solid investment to your portfolio, this duplex is turnkey and ready to go.More details
$46,200 Annual Gross Income Available Here! This well-updated, modernized, spacious (1500+ SF), rental licensed, City-approved money maker beckons for your immediate attention! This solid construction five bedroom townhome is located in Waterloo's prime rental areas comes to you fullly rented!
Updates abound: modernized, white gloss IKEA kitchen cabinets mated to butcher block countertop with subway tile, oversized tile flooring on main floor, mostly newer plumbing fixtures - sinks and toilets - throughout. Furnace (2023). Freshly painted in a contemporary, neutral palette. Updated main bath. Finished rec room with vinyl plank flooring, pot lighting and tongue and groove wood ceiling. Massive primary bedroom with ensuite and walk in closet. Underground parking spot. Note that the townhome is solid, cement (not frame) construction - the same construction as university residences.
Condo fees of $756.42 per month include water, insurance, landscaping/snow removal, private garbage removal, parking as well as exterior maintenance. Turn key, worry-free condo living.
Located almost across the street from Conestoga College, a 5 minute bike ride on trail system to Uptown Waterloo and its ameneties, a couple blocks from WLU, and a quick scooter ride to Waterloo Park and University of Waterloo, this is an ideal opportunity for investor looking for foothold into lucrative Waterloo student housing market or parent looking for a home away from home for their university bound child. Investor work sheet available to show how this property can work for you!
Flexible possession available. There is a lot to love here.More details