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Fourplex for Sale
Waterloo, ON
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.
Inclusions
All electrical light fixtures, window coverings, kitchen appliances & laundry appliances, hot water tank. Property being sold 'as-is'.
Broker
SAM MCDADI REAL ESTATE INC.
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Fourplex
22 James Street Waterloo
Waterloo
Type
Fourplex
Basement
Apartment
Parking
None (6)
Property Tax
~$13,710/yr
Heating
Baseboard
Buying Essentials
Square Feet
~2,750 sqft
Facing Direction
North
Parking
None (6)
Finances
List Price
$1,599,000
Price per SQFT *
~$581/sqft
Property Tax
~$13,710/yr
* Price/SQFT is based on an approximation. Actual value may differ.
Property Specs
Property Type
Fourplex
MLS Size
2,500–3,000 sqft
Basement
Apartment
Living & Amenities
Heating Type
Baseboard
Features
Other
Policies & Utilities
Neighbourhood
Waterloo
Listed On
Nov 9, 2026
Public Transit
School
Park
Other
Days on Market
Current: 4 days
Room information is not available for this listing.
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