109 Moore Avenue, Waterloo, ON N2J 1X3
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109 Moore Avenue, Waterloo, ON N2J 1X3
109 Moore Avenue, Waterloo, ON N2J 1X3
109 Moore Avenue, Waterloo, ON N2J 1X3
109 Moore Avenue, Waterloo, ON N2J 1X3

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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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Listed by RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

NEARBY SCHOOLS & BUSINESSES

Ivan Gascho

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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