Brokered by: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
MLS®: 40823050 (Freehold)
Price: $599,000.00
Address: 109 MOORE Avenue, Waterloo FOR SALE Subdivision: 114 - Uptown Waterloo/North Ward Postal Code: N2J1X3 Style: Type: Multi-family Triplex Bedrooms: 4 Bathrooms: 3 Parking: Detached Garage Garage: Detached Garage Lot Size: 49 ft x 58 ft Stories: 2
About 109 Moore Avenue
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 four 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! (id:56071). Get more information on 109 Moore Avenue
Property Features
Appliances: Water softener Features: Paved driveway Rental Equipment: Zoning Description: GR2 Interior Size: 1330 sqft Community Features: School Bus Access: Road access Lot: under 1/2 acre Exterior Finish: Brick Water: Municipal water, Municipal sewage system Heating / Cooling: Natural gas / None Age: 1928 Foundation: Block Constructed Date: 1928 Basement: Full (Finished) Finished
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
Brokered by: Chestnut Park Realty Southwestern Ontario Limited
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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