Menu
Logo
647-913-0470
Close
Buying
Selling
Communities
About
50
$1,249,900 Sale
Listed 7 days ago
19 James Street
· 11
· 4
· 6
· 2500-3000
Key Facts
Key facts for 19 James Street
Property Type
Apartment, Other
Parking
None 0 garage, 6 parking
MLS #
X14092196
Size
2500-3000 sqft
Basement
Partially Finished
Listed on
2026-10-19
Lot size
60 x 108.0
Tax
$6,674.34 /yr
Days on Market
8
Approximate Age
31-50
Maintenance Fee
-
Description
$91,000+ Gross Annual Income Available Here! Rare University District Triplex with Strong Income and Future Upside! Opportunities like this are increasingly difficult to find in Waterloo's highly sought-after rental market. Located on a cul-de-sac that is about a one minute walk to Wilfrid Laurier U...niversity's Science Building and a quick e-scooter ride to University of Waterloo, this Money Maker is also in close proximity to all amenities that make Waterloo great (Uptown Waterloo with its boutiques and bars). This City approved, rental licensed building offers investors an exceptional combination of location, income, and long-term potential. The property features three self-contained units with a desirable mix of two 3-bedroom units and one 5-bedroom unit, for a total of 11 bedrooms. Combining the charm and character of a century home with a purpose built addition, this property features spacious layouts, generous bedroom sizes, in-suite laundry, and ample on-site parking for up to six vehicles - note both the independent driveway as well as surface parking. With strong Day One cash flow, future turnover may offer investors opportunities to further optimize rents and improve returns. Separate hydro and gas meters create additional expense-management possibilities. At the property, look up and note the institutional-quality developments across the street and at the corner. The property's RMU-30 zoning while being surrounded by undeveloped homes may also merit future consideration for redevelopment or intensification. I have owned property on this street - and you should too. Whether you're an experienced investor looking to expand your portfolio, a first-time multi-residential buyer seeking a foothold in Waterloo's resilient rental market, or a parent investor planning ahead for university housing needs (send your kid to school and make money), 19 James Street presents a compelling opportunity in one of the City's most desirable locations.
Similar Properties (No results)
Courtesy of: ROYAL LEPAGE WOLLE REALTY