24 Austin Drive
Waterloo
N2L 3Y1
$1,449,900
Residential Income
beds: 12
baths: 3.0
3,198 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40798835
- Bedrooms:
- 12
- Bathrooms:
- 3
- Photos (33)
- Schedule / Email
- Send listing
- Mortgage calculator
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Prime Purpose-Built Triplex in Waterloo!
This all-brick, purpose-built triplex features three spacious, independent units, each with 4 bedrooms, a full 4-piece bathroom, a kitchen, and a large living room. All 12 bedrooms have large windows that fill the space with natural light.
A fantastic opportunity for investors or an owner-occupier looking to live in one unit while generating rental income from the other two. Two of the three units, along with the common areas, have been fully renovated in the past few years, enhancing the property’s appeal and value.
Additional features include ample private parking in the rear and driveway, on-site coin-operated laundry, Updated New heating system (2012), Driveway (2011), Windows (2009), Roof (2005)., making it a turnkey investment.
Located within walking distance to universities, public transit, shopping, and all amenities, this triplex combines convenience, income potential, and long-term growth.
Book your viewing today! Interior photos were taken prior to tenant occupancy and may not reflect the current condition of the units.
- Property Type:
- Residential Income
- Property SubType:
- Multi-3 Unit
- Listing General Location:
- 421 - Lakeshore/Parkdale, 4 - Waterloo West
- Bedrooms:
- 12
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Details:
- 62 x
- Lot Frontage:
- 62'
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: Yes, Inspection Fire: Yes, New Construction: No
- Construction:
- Aluminum Siding, Brick Veneer
- Basement:
- None
- Roof:
- Asphalt Shing
- Number of Storeys:
- 3
- Number of Buildings:
- 0
- Total Floor Area:
- 3,198 sq. ft.
- Finished Area Above Grade:
- 3,198 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Shared
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- None
- Heating:
- Baseboard
- Carbon Monoxide Detector,Smoke Detector,Other
- Water Softener
- Separate Heating Controls
- false
- No
- Holly St to Austin Dr.
- No
- Carbon Monoxide Detector, Smoke Detector
- HST Applicable To Sale Price:
- Included
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: Yes, Inspection Fire: Yes, New Construction: No
- Road Access Fee:
- Signup
- Electric Expense:
- $2,500
- Insurance Expense:
- $2,504
- Expenses:
- Actual
- Snow Garbage Expense:
- $800
- Utilities Expense:
- 2000
- Laundry Income:
- $800
- Net Income:
- $82,376
- Leases:
- Yes
- Zoning:
- R9
- Lot Site Features:
- Hospital, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Quiet Area, Schools, Shopping Nearby
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: Yes, Inspection Fire: Yes, New Construction: No
- Parking:
- Exclusive
- # Of Total Parking Spaces:
- 6.0
- # Of Open Parking Spaces:
- 6.0
- Driveway Parking:
- Private Drive Single Wide
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Num Occupied Units:
- 3
- Total Units:
- Signup
- Listed Date:
- Jan 15, 2026
-
Snow covered back of property featuring a balcony and brick siding -
View of snowy aerial view
-
Aerial view
-
View of snowy aerial view
-
Snow covered rear of property with a balcony and brick siding
-
Snow covered house with a balcony and a chimney
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Snow covered house with brick siding and a chimney
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Aerial view of property and surrounding area with nearby urban area
-
View of snowy aerial view
-
Stairway featuring baseboard heating, a baseboard heating unit, and wood finished floors
-
View of stairs
-
Spare room with light wood finished floors and a baseboard heating unit
-
Photo 13 of 33
-
Spare room featuring a baseboard heating unit and light wood-style floors
-
Kitchen with white range with electric cooktop, white cabinets, light tile patterned floors, and tasteful backsplash
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Kitchen with white cabinets, freestanding refrigerator, light countertops, a baseboard heating unit, and light tile patterned floors
-
Kitchen with white electric range oven, white cabinetry, and under cabinet range hood
-
Kitchen with white appliances, white cabinets, ventilation hood, and light countertops
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Unfurnished room with baseboard heating and light tile patterned flooring
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Unfurnished room featuring baseboard heating and light tile patterned floors
-
View of snow covered back of property
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Unfurnished room with a baseboard radiator and light wood-style flooring
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Unfurnished bedroom with a baseboard heating unit, light wood-style flooring, and a closet
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Unfurnished bedroom featuring light wood finished floors and a closet
-
Unfurnished room with baseboard heating and light wood-style flooring
-
Empty room featuring a baseboard radiator and light wood-type flooring
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Unfurnished bedroom featuring a baseboard radiator, light wood-type flooring, and a closet
-
Empty room with a baseboard heating unit and light wood-style flooring
-
Empty room featuring a baseboard radiator and light wood finished floors
-
Bathroom with tub / shower combination, vanity, a baseboard heating unit, and light tile patterned floors
-
Bathroom featuring vanity, a baseboard radiator, light tile patterned floors, and a tub to relax in
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Photo 32 of 33
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View of snow covered parking area
Listed by SMART FROM HOME REALTY LIMITED
Data was last updated March 5, 2026 at 01:50 AM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $1,299,900
- Min list price:
- $630,000
- Max list price:
- $3,000,000
- Avg days on market:
- 50
- Min days on market:
- 32
- Max days on market:
- 79
- 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.
- MELANIE & WARREN MCNEIL
- PEAK REALTY LTD, BROKERAGE
- 5195903767
- Contact by Email
5-25 Bruce St
Kitchener, ON, N2B 1Y4