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40 Menno Street, Waterloo, ON, N2L 2A7

MLS® # 40695968
Investment For Sale In Central, Waterloo, Ontario
$1,325,000
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
40 Menno Street, Waterloo, ON
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Home Insurance - TD Insurance
Get a home insurance quote online for this $1,325,000 property in Waterloo
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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,325,000 property in Waterloo

Provided by TD Insurance
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ACTIVE
40 Menno Street, Waterloo, ON, N2L 2A7
$1,325,000

Property Information:

Rare Investment Opportunity in Prime Uptown Waterloo! Discover this exceptional legal triplex ( two 2 bedroom units and one 4 bedroom unit ), perfectly situated in the heart of Uptown Waterloo, 4 minutes walk to restaurants, shops, Waterloo Town Square, LRT, Waterloo Park and all the conveniences of city living. With a rare Lane-way (Wells Lane) access at the back with additional 3 parking and a shed, this property offers both functionality and investment appeal . Property Highlights: Turnkey and fully updated with numerous recent upgrades, ensuring a hassle-free investment. The main unit is brand new and vacant, making it ideal for an owner-occupier or a high-quality tenant at market rent. The upper unit and lower unit are both leased to great tenants at market rates, providing immediate and stable rental income. Located in one of Waterloo’s most desirable neighborhoods, this property is within walking distance of trendy cafés, restaurants, boutique shops, parks, and public transit, offering unbeatable convenience. Why Invest Here? 1-Strong rental demand in a sought-after location. 2-Ideal for investors looking for a solid income property with minimal maintenance. 3-Perfect for house hacking—live in one unit while tenants help cover your mortgage. 4- Highest land value in Waterloo Region With its prime location, modern upgrades, and strong rental potential, this rare find won’t last long. Don’t miss this incredible opportunity to own a highly desirable triplex in Uptown Waterloo!

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Microwave,Smoke Detector

Exclusions : Tenant's Belonging

Building Features:

  • Floor Space: 2361 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Finished
  • Built in: 1911
  • Construction Materials: Brick, Other
  • Cooling: Central Air
  • Driveway Parking: Lane/Alley Parking, Private Drive Single Wide
  • Floor Space (approx): 2361 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, Built-In Appliances
  • Laundry Features: Coin Operated, Common Area, In-Suite
  • Lot Depth: 127 Feet
  • Lot Features: Irregular Lot, Business Centre, City Lot, Hospital, Library, Park, Public Transit, Quiet Area, Rec./Community Centre, Regional Mall, School Bus Route, Schools, Trails
  • Lot Frontage: 41.00 Feet
  • Other Structures: Shed(s)
  • Parking Features: Attached Garage, Asphalt
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: GR2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: Engel & Volkers Waterloo Region

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 40 Menno Street, Waterloo, ON, N2L 2A7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 40 Menno Street , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 40 Menno Street , experiences 11 significant 2-day storms per year, with about 319.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.3mm of precipitation per year.

Precipitation Per Storm

Past
319.6mm
2050
396.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 40 Menno Street, Waterloo, ON, N2L 2A7

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$152,407.94

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.19 %

High school certificate or equivalent

22.77 %

Apprenticeship trade certificate/diploma

2.05 %

College/non-university certificate

17.72 %

University certificate (below bachelor)

1.96 %

University Degree

50.31 %

Commuter

Travel To Work

By Car

65.28 %

By Public Transit

13.4 %

By Walking

15.72 %

By Bicycle

1.99 %

By Other Methods

3.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

73.97 %

Houses

26.03 %

Own Vs. Rent

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