22 James Street Waterloo, Ontario N2J 2S9
$1,599,000
Discover an exceptional investment opportunity in a vibrant Waterloo neighbourhood. This multiplex offers strong, dependable cash flow with over $80K in annual gross rental income, while providing excellent potential for future rental growth. The property comprises five self-contained apartments with a total of 10 spacious bedrooms and 5 full kitchens, making it an ideal addition to any investment portfolio. Offering peace of mind for both owners and tenants, the building is equipped with a hard-wired fire alarm system throughout all units and common areas. Positioned in a prime location just steps from Wilfred Laurier University, University of Waterloo, Conestoga College and vibrant Uptown Waterloo, the property benefits from consistent demand from students, faculty, and young professionals alike. Residents enjoy convenient access to the ION Light Rail, Waterloo Park, shopping, grocery stores, cafés, restaurants, fitness centres, entertainment venues, and the region's thriving technology corridor, home to many of Canada's leading employers. This property offers a compelling opportunity to increase revenue over time while benefiting from long-term appreciation. Whether you're expanding an established portfolio or acquiring your first multi-residential asset, this turnkey investment combines immediate income, future upside, and an unbeatable location. (id:45725)
Property Details
| MLS® Number | X14163818 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools, Park |
| Features | Irregular Lot Size |
| Parking Space Total | 6 |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 10 |
| Bedrooms Total | 10 |
| Appliances | Water Heater, Window Coverings |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2500 - 3000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools, Park |
| Sewer | Sanitary Sewer |
| Size Depth | 90 Ft ,7 In |
| Size Frontage | 76 Ft |
| Size Irregular | 76 X 90.6 Ft |
| Size Total Text | 76 X 90.6 Ft|under 1/2 Acre |
https://www.realtor.ca/real-estate/30495371/22-james-street-waterloo
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Toronto Real Estate Board
Sam Mcdadi Real Estate Inc.
November 10 2026 01:08:21
