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10 Shanley Street, Kitchener, ON N2H 5N8

Kitchener, ON, N2H 5N8

5 Beds
3 Baths
Sq Ft
4 Parking
Multiplex Type
X13595236 MLS#

About this property

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.

Features & Amenities

  • Basement: Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
  • Garage: None
  • Cooling: None, Window Unit(s)
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 2-Storey
  • Construction: Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Multiplex
Architectural Style 2-Storey
Bedrooms 5
Bathrooms 3
Basement Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Garage None
Parking Spaces 4
Heat Type Forced Air
Heat Source Gas
Cooling None, Window Unit(s)
Sewer Sewer
Annual Tax $4,851
Tax Year 2026

Interior Features

Interior Features
Separate Hydro Meter, Water Softener

Exterior Features

Exterior Features
Deck, Paved Yard, Porch, Year Round Living
Pool Features
None

Building & Construction

Architectural Style
2-Storey
Construction Materials
Brick
Foundation Details
Concrete, Concrete Block, Stone
Roof
Asphalt Shingle
Basement
Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Approximate Age
100+

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
None, Window Unit(s)

Parking & Garage

Garage Type
None
Parking Spaces
4
Parking Total
4.00
Parking Features
Front Yard Parking, Private
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
103.94
Lot Width
60.00
Lot Irregularities
79.30ft X 52.26ft X 60.10ft X 103.94ft

Community & Neighborhood

Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School

Financial & Tax

Tax Annual Amount
$4,851
Tax Year
2026
Tax Assessed Value
$345,000
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
4
Kitchens Above Grade
3
Kitchens Total
3
Bedrooms Above Grade
5

Additional Details

Occupant Type
Tenant
Direction Faces
South
County Or Parish
Waterloo
Cross Street
Shanley Street and Andrew Street
Directions
KING ST W. TO ANDREW ST. TO STANLEY ST
Special Designation
Unknown
Showing Requirements
Showing System

Location

10 Shanley Street, Kitchener, ON N2H 5N8, Kitchener, ON, N2H 5N8

Listing courtesy of RE/MAX Solid Gold Realty (II) Ltd
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