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$899,900

10 SHANLEY Street, Kitchener, Ontario, N2H 5N8

MLS® # 40849475

Kitchener ON, N2H 5N8

MLS® # 40849475

Property Information:

Exceptional turnkey investment opportunity in the heart of Kitchener's thriving Innovation District! Ideally located just two blocks from Google, this fully renovated and fully rented triplex offers immediate cash flow in one of Waterloo Region's most sought-after rental markets. Within walking distance to the University of Waterloo School of Pharmacy, Grand River Hospital, the ION LRT, GO Transit, vibrant downtown amenities, restaurants, and the future growth of the tech corridor, this is an investment positioned for long-term success. This meticulously updated property features three self-contained units, including two spacious 2-bedroom suites and one bright 1-bedroom lower-level apartment, all thoughtfully renovated with quality finishes and designed to attract and retain excellent tenants. Each unit offers a modern kitchen, updated bathroom, in-suite laundry, contemporary flooring, and its own hydro meter, providing convenience for tenants and reduced operating costs for the owner. Extensive capital improvements provide true peace of mind, including updated plumbing and electrical with all knob-and-tube wiring removed, new appliances throughout, rebuilt front porch, new gutters and downspouts, new window wells, new fencing and privacy walls, a new water softener (2022), individual thermostats for each unit, and much more. The property also offers parking for up to five vehicles with two separate driveways—a rare and valuable feature in this highly walkable urban neighbourhood. Whether you're expanding your real estate portfolio or purchasing your first income property, this low-maintenance, income-producing triplex combines a premier location, quality renovations, and strong rental demand in one exceptional package. Opportunities like this in Kitchener's Innovation District are rare—don't miss your chance to invest in one of the region's fastest-growing communities. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 2192 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Water softener

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Schools, Shopping
  • Features: Paved driveway
  • Floor Space (approx): 2192 Square Feet
  • Lot Depth: 104 Feet
  • Lot Frontage: 60 Feet
  • Zoning: R2B
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX SOLID GOLD REALTY (II) LTD.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 10 SHANLEY Street, Kitchener, Ontario, N2H 5N8

Demographic Information of 10 SHANLEY Street, Kitchener, Ontario, N2H 5N8

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$121,581.69

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.9 %

High school certificate or equivalent

23.57 %

Apprenticeship trade certificate/diploma

5.85 %

College/non-university certificate

16.49 %

University certificate (below bachelor)

2.36 %

University Degree

40.83 %

Commuter

Travel To Work

By Car

74.5 %

By Public Transit

11.09 %

By Walking

12.07 %

By Bicycle

0.8 %

By Other Methods

1.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.75 %

Houses

36.25 %

Own Vs. Rent