Location, location, location! This turnkey triplex Airbnb investment offers excellent cash flow and is located in a highly sought-after West Kitchener neighbourhood, just minutes from Uptown Waterloo, Belmont Village, the Catalyst Building, and other key amenities.
This well-maintained multi-residential property features a 2-bedroom main-floor unit, a 2-bedroom upper unit, and a 1-bedroom basement unit, along with a 2-car garage. Additional highlights include four separate hydro meters, three owned hot water tanks, and ample on-site parking.
Situated on a generous 55’ x 120’ corner lot, the property provides plenty of outdoor space and excellent flexibility for tenants or short-term guests. An outstanding opportunity for experienced investors or those looking to enter the short-term rental or multi-residential investment market.
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Listing General Location:
415 - Uptown Waterloo/Westmount, 4 - Waterloo West
Bedrooms:
5
Bathrooms:
3.0
(Full:-/Half:-)
Lot Details:
55 x 120
Lot Depth:
120'36.6 m
Lot Frontage:
55'16.8 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
Construction:
Aluminum Siding, Brick
Basement:
Separate Entrance, Walk-Out Access, Walk-Up Access, Full, Finished
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Number of Storeys:
3
Number of Buildings:
0
Other Structures:
Storage
Total Floor Area:
2,741 sq. ft.255 m2
Finished Area Above Grade:
1,824 sq. ft.169 m2
Finished Area Below Grade:
917 sq. ft.85.2 m2
Fireplace:
false
Laundry Features:
Coin Operated, Shared
Water Supply:
Municipal
Water Meter:
Yes
Sewer:
Sewer (Municipal)
Cooling:
Central Air, None
Heating:
Forced Air, Natural Gas
Age Tank:
2012/2025/2025
Hot Water Tank Owned,Smoke Detector,Window Coverings,All Chattels And All Appliances Are Included In Purchase Price
Hot Water Tank Owned, Refrigerator, Stove
Separate Heating Controls
Window Coverings
Private Entrance, Year Round Living
Deck
false
No
Dunbar Drive to Brandon Ave.
No
Smoke Detector, Carbon Monoxide Detector(s)
HST Applicable To Sale Price:
Call LBO
Features:
Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
Electric Expense:
$4,255.92
Insurance Expense:
$2,513
Expenses:
Actual
Heating Expense:
$3,342.34
Laundry Income:
$1,000
Net Income:
$54,080.39
Lease to Own Equipment:
None
Zoning:
R2
Lot Site Features:
Rectangular, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Schools, Shopping Nearby, Trails
Features:
Attached Garage: Yes, Crops Included: No, Garage: Yes, New Construction: No
Data was last updated January 30, 2026 at 11:50 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,299,950
Min list price:
$630,000
Max list price:
$3,000,000
Avg days on market:
21
Min days on market:
4
Max days on market:
129
Avg price per sq.ft.:
$400.68
These statistics are generated based on the current listing's property type
and located in
4 - Waterloo West. Average values are
derived using median calculations. This data is not produced by the MLS® system.