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MLS® X12682262
Kitchener, ON
Purpose-Built Triplex in the Belmont Village, Waterloo High Tech Hub!! This upgraded triplex in a quiet and desirable neighborhood steps from KW's high-tech community, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper and middle units also feature a walkout balcony, adding to their appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for approximately six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2019), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is VACANT and a strong income generator in a thriving and desirable neighbourhood. Don't miss this is low-risk, high-reward investment opportunity with lasting potential!
Broker
UPPERSIDE REAL ESTATE LIMITED
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Investment
7 Balmoral Drive Kitchener
Kitchener
Built
51-99
Type
Investment
Parking
None
Property Tax
~$6,661/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
2076 sqft
Parking
None
Finances
List Price
$949,000
Price per SQFT
$457/sqft
Property Tax
~$6,661/yr
Property Specs
Property Type
Investment
MLS Size
2076 sqft
Age of Building
51-99
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Kitchener
Listed On
Jan 9, 2026
Days on Market
Current: 303 days
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