Waterloo, ON N2L2A7 40 Menno Street

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Presented By: ENGEL & VOLKERS WATERLOO REGION
  • MLS# X12099606
  • 04/23/2025
  • Request Tour
  • Request Info
  • Beds • 6+2
  • Baths • 3
  • SQFT • 1,500
  • Garage • 1

Home Details

Rare Investment Opportunity in Prime Uptown Waterloo! Discover this exceptional legal triplex ( two 2 bedroom units and one 4 bedroom unit ), perfectly situated in the heart of Uptown Waterloo, 4 minutes walk to restaurants, shops, Waterloo Town Square, LRT, Waterloo Park and all the conveniences of city living. With a rare Lane-way (Wells Lane) access at the back with additional 3 parking and a shed, this property offers both functionality and investment appeal . Property Highlights: Turnkey and fully updated with numerous recent upgrades, ensuring a hassle-free investment. The main unit is brand new and vacant, making it ideal for an owner-occupier or a high-quality tenant at market rent. The upper unit and lower unit are both leased to great tenants at market rates, providing immediate and stable rental income. Located in one of Waterloos most desirable neighborhoods, this property is within walking distance of trendy cafés, restaurants, boutique shops, parks, and public transit, offering unbeatable convenience. Why Invest Here? 1-Strong rental demand in a sought-after location. 2-Ideal for investors looking for a solid income property with minimal maintenance. 3-Perfect for house hackinglive in one unit while tenants help cover your mortgage. 4- Highest land value in Waterloo Region With its prime location, modern upgrades, and strong rental potential, this rare find wont last long. Dont miss this incredible opportunity to own a highly desirable triplex in Uptown Waterloo!
Presented By: ENGEL & VOLKERS WATERLOO REGION

Interior Features for 40 Menno Street

Bedrooms

Bedrooms6+2
Total Bedrooms8

Bathrooms

Total Baths3

Other Interior Features

Air Conditioning Y/NNo
BasementFull, Finished
Basement (Y/N)No
Elevator?No
Fireplace Y/NNo
Heat SourceGas
Heating Y/NNo
Interior AmenitiesAccessory Apartment, In-Law Capability, In-Law Suite
Living Area Range1500-2000

General for 40 Menno Street

Architectural Style2 1/2 Storey
Attached Garage No
CityWaterloo
Construction MaterialsBrick, Other
CoolingCentral Air
CountyWaterloo
Electric On Property Y/NNo
Facing DirectionWest
Garage Y/NYes
Heater TypeForced Air
Legal DescriptionPT LT 31-32 PL 495 CITY OF WATERLOO AS IN 779812; S/T EXECUTION 02-01342, IF ENFORCEABLE; WATERLOO
Lot Depth127.0
Lot Size UnitsAcres
ModificationTimestamp2025-04-23T20:05:45Z
New ConstructionNo
Occupancy TypeTenant
Parking Spaces 5
Pool FeaturesNone
Property Attached Y/NNo
Property SubtypeTriplex
Property TypeResidential Freehold
PropertyFeaturesArts Centre, Hospital, Library, Park, Public Transit, Rec./Commun.Centre
RoofAsphalt Shingle
Senior Community Y/NNo
SewerSewer
Standard StatusActive
StatusNew
Tax Annual Amount6553.4
Tax Assessed Value515000
Tax Year2024
Waterfront Y/NNo

Exterior for 40 Menno Street

Covered Spaces1.0
Foundation DetailsStone
Garage TypeAttached
Lot Size SourceGeoWarehouse
Parking FeaturesPrivate Double
SpaNo
Total Parking6.0
WaterfrontNone

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.
Price $1,199,000
MLS#X12099606
List Date 04/23/2025
Property Type Multi-Family
Phone 289.816.2923
Request Tour
Request Info
Visit My Website

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