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10 SHANLEY Street, Kitchener — listed at $799,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 4 spaces.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Who is 10 SHANLEY Street best suited for?+
With 0 bedrooms and 0 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,850.7, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 0 bedrooms and 0 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
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