40 Menno Street
Waterloo, ON N2L 2A7
- 6+2Bedrooms
- 3Bathrooms
- 6Parking
- 1500–2000Sq Ft
- $6,653Tax
- 41×127 ftLot Size
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About 40 Menno Street, Waterloo
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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,653
- Land Transfer Tax Fee
- $16,473
- Basement Type
- Full, Finished
Interior Features
- Interior Extras
- Accessory Apartment, In-Law Capability, In-Law Suite
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Arts Centre, Hospital, Library, Park, Public Transit, Rec./Commun.Centre
Building
- Building Type
- Multiplex
- Building Style
- 2 1/2 Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick, Other
- Roof
- Asphalt Shingle
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 41.00 ft
- Lot Depth
- 127.00 ft
- Lot Size
- 0.12
Inclusions
- Inclusions
- Built-in Microwave, Carbon Monoxide Detector, Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove, Washer
Exclusions
- Exclusions
- Tenants Belongings
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6 + 2
- Washrooms
- 3
- Kitchens
- 3
Room sizes
- Living Room—Lower level
- Kitchen—Lower level
- Laundry—Lower level
- Bathroom—Lower level, 3 Pc Bath
- Primary Bedroom—Lower level
- Bedroom—Lower level
- Other—Lower level
- Living Room—Main level
- Primary Bedroom—Main level
- Bedroom—Main level
- Kitchen—Main level
- Bathroom—Main level
- Living Room—Second level
- Kitchen—Second level
- Primary Bedroom—Second level
- Bedroom—Second level
- Bathroom—Second level
- Primary Bedroom—Third level
- Bedroom—Third level
Washrooms
- 3-piece, Lower
- 3-piece, Main
- 4-piece, Second
- Municipality
- Waterloo
- Main cross streets
- ERB
- Zoning
- GR2
- Directions
- ERB St to Menno St
- Waterfront
- None
- MLS® number
- X12251849
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-07-11
- Listed on
- 2025-06-27
- Days on market
- 14 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- ENGEL & VOLKERS WATERLOO REGION
Home Market Value
Current home valuation for 40 Menno Street, Waterloo, , . Listed for $999,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 40 Menno Street, Waterloo
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $499,900 over $500K
$74,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $36,996 | $27,897 | $23,798 | $0 |
=Total mortgage | $961,903 | $927,807 | $873,713 | $799,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,696monthly | $4,530monthly | $4,266monthly | $3,906monthly |
Land Transfer Tax
$16,473
$16,473
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