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
Data was last updated March 21, 2026 at 05:50 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,149,500
Min list price:
$799,000
Max list price:
$9,999,000
Avg days on market:
64
Min days on market:
4
Max days on market:
234
Avg price per sq.ft.:
$403.22
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.