Was listed for:Expired Aug 15, 2025
$849,900

98 Waterloo Street

Waterloo, ON N2J 1X9

Multiplex ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 98 Waterloo Street, Waterloo

2025-05-16
2025-08-15
Expired
Price
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MLS#
x12162723
2025-01-18
2025-04-17
Expired
Price
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2024-09-25
2024-12-24
Expired
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 98 Waterloo Street, Waterloo

Discover a fantastic investment opportunity with this deceptively spacious triplex, ideally situated near Mary Allen Park, just steps from Uptown Waterloo and minutes from downtown Kitchener. This property combines location, functionality, and strong rental income potential, making it an ideal choice for savvy investors. The triplex features two separate driveways with paved parking for up to four vehicles, ensuring convenience for tenants. A fully fenced yard provides privacy and outdoor space, while the shared coin-operated laundry adds to tenant amenities and offers additional income potential. Each unit is equipped with its own hydro meter, allowing for separate utility management. The property has been thoughtfully maintained, with an updated electrical system in 2004, a newer water heater, and a recently serviced furnace ensuring reliable operation. With two units currently tenanted and one vacant, this property provides immediate income and the flexibility to attract a new tenant or explore other opportunities. Its prime location near parks, shopping, and public transit makes it a highly desirable rental property with long-term growth potential.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,932
Land Transfer Tax Fee
$13,473

Rental Items

Rental Equipment
Hot Water Heater, Other

Basement Type
Finished, Apartment

Interior Features

Interior Extras
Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Place Of Worship, School, School Bus Route, Park, Public Transit

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
41.57 ft
Lot Depth
122.59 ft

Inclusions

Inclusions
All appliances - fridge x3, stove x3, washing machine and dryer

Exclusions

Exclusions
Tenants belongings

Parking & Garages

Garage Type
None
Garage Spaces
1
Parking Spaces
3
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 2
Washrooms
3
Kitchens
3
Family / bonus room
Yes

Washrooms

  • 4-piece, Second
  • 4-piece, Main

Municipality
Waterloo
Main cross streets
Moore Ave
Zoning
R4
Directions
Waterloo St, between Moore Ave and Roger

MLS® number
X12162723
Data source
Toronto Regional Real Estate Board
Status change
2025-08-15
Listed on
2025-05-16
Days on market
91 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Home Market Value

Current home valuation for 98 Waterloo Street, Waterloo, , . Listed for $849,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 98 Waterloo 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

$
Minimum Down Payment Required:7.1%

5% on first $500K + 10% on $349,900 over $500K

Minimum down payment

$59,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$31,582$23,712$20,228$0
=Total mortgage
$821,139$788,622$742,643$679,920
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$4,009monthly$3,850monthly$3,626monthly$3,320monthly
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Land Transfer Tax

Provincial

$13,473

Total Land Transfer Tax

$13,473

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