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109 Moore Avenue Waterloo, ON N2J 1X3
4 Beds
3 Baths
1,330 SqFt
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 1,330 sqft
MLS Listing ID 40823050
Sold Date -
Bedrooms 4
Abv Grd Liv Area 1,330
Year Built 1928
Annual Tax Amount $4,480
Property Sub-Type Multi-3 Unit
Source Cornerstone
Property Description
An exceptional opportunity to own a triplex in a highly sought-after location steps from uptown Waterloo. This property offers strong, reliable income with two established tenants already in place—while providing flexibility for both investors and end-users. The upper unit generates $1,650/month and the basement unit brings in $1,450/month, with tenants paying all utilities—keeping operating costs low and returns high. The main floor unit is rented at $2,100/month, but be vacant on possession, creating a rare opportunity for a buyer to move in and effectively live for free, supported by over $3,100/month in rental income from the other two units.
For investors, the option to lease all three units unlocks excellent cash flow with a cap rate above 8%, making this a standout addition to any portfolio.
The property also features a durable steel roof and parking for 3 vehicles—adding long-term value and tenant convenience. Whether you're looking to house hack, expand your portfolio, or secure a high-performing asset in a prime area, this triplex checks all the boxes!
Location
Province ON
County Waterloo
Area 1 - Waterloo East
Zoning GR2
Rooms
Basement Separate Entrance, Full, Finished
Kitchen 0
Interior
Interior Features Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
Heating Natural Gas, Radiant
Cooling None
Fireplace No
Appliance Water Softener, Refrigerator, Stove
Laundry In-Suite
Exterior
Parking Features Detached Garage, Asphalt
Garage Spaces 1.0
Roof Type Asphalt Shing,Metal
Lot Frontage 48.78
Lot Depth 58.5
Garage Yes
Building
Lot Description Irregular Lot, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick
New Construction No
Others
Senior Community false
Tax ID 224140076
Ownership Freehold/None
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