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30-40 Laurel Street
116 - Glenridge/Lincoln Heights Waterloo N2J 2H2

$6,900,000
Residential Income beds: 72 baths: 0.0 20,700 sq. ft.

Aerial perspective of suburban area with property boundaries highlighted
Photo 1: 30-40 Laurel Street in Waterloo: 116 - Glenridge/Lincoln Heights Apartment for sale (1 - Waterloo East)  : MLS®# 40770458
Photo 2: 30-40 Laurel Street in Waterloo: 116 - Glenridge/Lincoln Heights Apartment for sale (1 - Waterloo East)  : MLS®# 40770458
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
40770458
Bedrooms:
72
Unique Investment Property In Uptown Waterloo. 30, 34, 38, 40 Laurel St, Waterloo – This investment opportunity features an outstanding turnkey purpose-built Apartment complex including 3 detached homes plus a detached garage nestled in uptown Waterloo. Offering a total of 72 Bedrooms with a solid rental history and strong income potential. Main building has 2 x 1100SF Workshop/Commercial spaces plus a leasing office. Located within walking distance to Grand River Hospital, LRT, a variety of shops, cafes, and popular restaurants, this well-maintained property blends urban convenience with long-term investment stability and affordability for the region. Current zoning provides for mixed-use development value, or any aspect of future development. Additional income from the garage/workshop/parking/laundry. Don’t miss your chance to own a strategic income-generating asset in the ever-expanding Waterloo market.
Property Type:
Residential Income
Property SubType:
Apartment
Listing General Location:
116 - Glenridge/Lincoln Heights, 1 - Waterloo East
Bedrooms:
72
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
0.67 acre(s)
Lot Details:
75.12 x
Lot Frontage:
75'1½"
Frontage Type:
East
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Construction:
Aluminum Siding, Block, Metal/Steel Siding, Other
Basement:
None
Foundation:
Block, Other
Roof:
Other
Number of Storeys:
2
Number of Buildings:
1
Total Floor Area:
20,700 sq. ft.
Finished Area Above Grade:
20,700 sq. ft.
Fireplace:
false
Laundry Features:
Coin Operated
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Other
Heating:
Other
Other
Other
false
No
Laurel Street and Erb Street E
No
HST Applicable To Sale Price:
No
Association Fee:
Association Fee Frequency:
Association Fee 2:
Association Fee 2 Frequency:
Administrative Fee:
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Road Access Fee:
Zoning:
U1-60
Total Acres:
0.674
Lot Site Features:
Irregular Lot, Ample Parking, City Lot, High Traffic Area, Highway Access, Park, Public Transit, Schools, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Garage Spaces:
2.0
Parking Places Covered:
2.0
Parking:
Detached Garage
# Of Total Parking Spaces:
30.0
# Of Open Parking Spaces:
2.0
Driveway Parking:
Outside/Surface/Open
Num Apartment Units:
1
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Total Units:
Listed Date:
Sep 16, 2025
  • Photo 1: 30-40 Laurel Street in Waterloo: 116 - Glenridge/Lincoln Heights Apartment for sale (1 - Waterloo East)  : MLS®# 40770458
    Aerial perspective of suburban area with property boundaries highlighted
  • Photo 2: 30-40 Laurel Street in Waterloo: 116 - Glenridge/Lincoln Heights Apartment for sale (1 - Waterloo East)  : MLS®# 40770458
    Aerial view of property's location with nearby urban area and property parcel outlined
Listed by Re/Max Icon Realty
Data was last updated November 27, 2025 at 07:50 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,274,500
Min list price:
$679,900
Max list price:
$9,999,000
Avg days on market:
92
Min days on market:
15
Max days on market:
188
Avg price per sq.ft.:
$388.01
These statistics are generated based on the current listing's property type and located in 1 - Waterloo East. Average values are derived using median calculations. This data is not produced by the MLS® system.
MELANIE & WARREN MCNEIL