10 Shanley Street,Kitchener, ON N2H 5N8
Kitchener, ON N2H 5N8
Description
Exceptional turnkey investment opportunity in the heart of Kitchener's thriving Innovation District! Ideally located just two blocks from Google, this fully renovated and fully rented triplex offers immediate cash flow in one of Waterloo Region's most sought-after rental markets. Within walking distance to the University of Waterloo School of Pharmacy, Grand River Hospital, the ION LRT, GO Transit, vibrant downtown amenities, restaurants, and the future growth of the tech corridor, this is an investment positioned for long-term success. This meticulously updated property features three self-contained units, including two spacious 2-bedroom suites and one bright 1-bedroom lower-level apartment, all thoughtfully renovated with quality finishes and designed to attract and retain excellent tenants. Each unit offers a modern kitchen, updated bathroom, in-suite laundry, contemporary flooring, and its own hydro meter, providing convenience for tenants and reduced operating costs for the owner. Extensive capital improvements provide true peace of mind, including updated plumbing and electrical with all knob-and-tube wiring removed, new appliances throughout, rebuilt front porch, new gutters and downspouts, new window wells, new fencing and privacy walls, a new water softener (2022), individual thermostats for each unit, and much more. The property also offers parking for up to five vehicles with two separate driveways-a rare and valuable feature in this highly walkable urban neighbourhood. Whether you're expanding your real estate portfolio or purchasing your first income property, this low-maintenance, income-producing triplex combines a premier location, quality renovations, and strong rental demand in one exceptional package. Opportunities like this in Kitchener's Innovation District are rare-don't miss your chance to invest in one of the region's fastest-growing communities.
Details
| MLS # | 40849475 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 46 |
| Listing Provided By | RE/MAX SOLID GOLD REALTY (II) LTD. | Cari Ann Hewick |
Features
| SQ Feet | 1,652 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | R2B |
| Acreage | 0.11 |
Interior
| Appliances | Water Softener, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | Separate Hydro Meters |
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
Exterior
| Lot Features | Irregular Lot, Public Transit, Schools, Shopping Nearby |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Foundation Details | Block, Concrete Block, Stone |
| Security Features | Carbon Monoxide Detector, Carbon Monoxide Detector(s) |
Parking
| Garage Spaces | 0 |
|---|---|
| Parking Features | Asphalt |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4850.7 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Kitchener |
| Postal Code | N2H 5N8 |
| Area | 1 Waterloo East |
| Subarea | 114 Uptown Waterloo | North Ward |
| Community Name | 114 Uptown Waterloo/North Ward |
| Listing VS Median (in 114 Uptown Waterloo/North Ward) | |
Price: $850,000 low | high Med: $499,900 sqft: 1,652 low | high Med: 938 $ / sqft: $515 low | high Med: $533 On site: 46 low | high Med: 4 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Kitchener |
| Postal Code | N2H 5N8 |
| Area | 1 Waterloo East |
| Subarea | 114 Uptown Waterloo | North Ward |
| Community Name | 114 Uptown Waterloo/North Ward |
| Listing VS Median (in 114 Uptown Waterloo/North Ward) | |
Price: $850,000 low | high Med: $499,900 sqft: 1,652 low | high Med: 938 $ / sqft: $515 low | high Med: $533 On site: 46 low | high Med: 4 | |
