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$3,000,000
Available - For Sale
Listing ID: X12375325
Exceptional 12-unit multifamily investment opportunity in the heart of Waterloo. Situated on a 0.37-acre site, this well-maintained red brick building features a suite mix of 1 one-bedroom and 11 two-bedroom apartments, complemented by a surface parking lot at the rear of the property. Many units have been thoughtfully renovated with modern finishes, including new vinyl flooring, stainless steel appliances, and updated bathroom fixtures, offering tenants a comfortable and contemporary living experience. The property is fully occupied, providing investors with immediate in-place income. Located along Weber Street North, residents benefit from excellent connectivity and proximity to key amenities. The property is minutes from Wilfrid Laurier University, and the University of Waterloo. Nearby, tenants enjoy easy access to grocery stores, shopping centres, restaurants, and parks, while public transit, including the ION LRT, ensures convenient travel across Kitchener-Waterloo. Highway 85 is also close by, providing quick access to Highway 401 and the broader region. This is a strong, income-producing asset in one of Ontario's fastest-growing cities, well-positioned for long-term appreciation.
Price $3,000,000
Taxes: $32,625.82
Tax Type: Annual
Occupancy by: Tenant
Address: 146 Weber Stre North , Kitchener, N2J 3H1, Waterloo
Postal Code: N2J 3H1
Province/State: Waterloo
Legal Description: LT 51-51 PL 897 CITY OF WATERLOO; S/T 15
Directions/Cross Streets: Weber St N & Lincoln Rd
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: .37
Total Area Code:  Acres
Maintenance: 0
Sprinklers: No
Heat Type: Gas Hot Water
Central Air Conditioning: No
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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COLLIERS

146 Weber Stre North , Kitchener, N2J 3H1, Waterloo


 
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At a Glance:
Type: Com - Investment
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 133.00(Feet)
Approximate Age:
Tax: $32,625.82
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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