Well-maintained 22-unit apartment property in Uptown Waterloos desirable North Ward, consisting of two neighbouring buildings on separate lots being sold together. The suite mix includes 3 bachelor units and 19 one-bedroom units, offering excellent rental appeal for singles and couples. Both buildings are professionally managed and benefit from steady tenant demand in this central, walkable location near transit, shopping, dining, and amenities. With current rents below market, there is significant upside potential through turnover and strategic renovations. A rare opportunity to acquire a stable, income-producing asset with long-term value growth in one of Waterloo Regions most sought-after neighbourhoods.
Property Type:
Residential Income
Property SubType:
Multi Family
Listing General Location:
114 - Uptown Waterloo/North Ward, 1 - Waterloo East
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Details:
63.5 x
Lot Frontage:
63'6"19.4 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Partial, Finished
Roof:
Flat
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
8,200 sq. ft.762 m2
Finished Area Above Grade:
8,200 sq. ft.762 m2
Fireplace:
false
Laundry Features:
Coin Operated, Common Area
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Natural Gas
Other,Hot Water Tanks (Owned), Coin-Operated Laundry Equipment, Existing Appliances In All Units, All Existing Light Fixtures.
Water Softener
Any Tenant Belongings.
Built-In Appliances, Separate Heating Controls, Separate Hydro Meters
false
No
Between Regina Street and Bridgeport Road, north of King Street in Uptown Waterloo.
No
HST Applicable To Sale Price:
Yes
Features:
Crops Included: No, Garage: No, New Construction: No
Zoning:
R2
Lot Site Features:
City Lot, Hospital, Park, Public Transit, Shopping Nearby
Features:
Crops Included: No, Garage: No, New Construction: No
# Of Total Parking Spaces:
11.0
# Of Open Parking Spaces:
11.0
Driveway Parking:
Outside/Surface/Open
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
Listed Date:
Jan 30, 2026
Snow covered property with a view of apartment building / complex
View of front of home with brick siding, a balcony, and french doors
View of front facade featuring brick siding and a balcony
Photo 4 of 10
Empty room with arched walkways and light wood-style floors
Empty room with arched walkways, radiator heating unit, and light wood finished floors
Kitchen featuring stainless steel appliances, white cabinets, light wood-type flooring, light stone countertops, and backsplash
Kitchen with appliances with stainless steel finishes, white cabinets, light wood-style floors, decorative backsplash, and light stone countertops
Data was last updated February 23, 2026 at 01:50 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,150,000
Min list price:
$699,000
Max list price:
$9,999,000
Avg days on market:
36
Min days on market:
10
Max days on market:
207
Avg price per sq.ft.:
$411.42
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.