Income properties for sale
585, Rue Western, Waterloo
$1,695,000
Features
Use of property
Residential
Year built
2023
Lot area
14,280 sqft
Parking (total)
Driveway (6)
Number of units
Residential (6)
Residential units
6 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$97,200
Description
Built in 2023, this modern sixplex in Waterloo offers an outstanding investment opportunity. It features six spacious 4½ units, each with two bedrooms, an open-concept living area, and quality finishes throughout. Tenants enjoy contemporary design, large windows, and in-unit laundry. Located in a growing, in-demand area near schools, transit, shops, and restaurants. With strong rental potential and low maintenance, this turnkey building is ideal for investors seeking steady income and long-term value. Don't miss your chance to own a premium, newly built multi-unit property in a thriving Waterloo neighborhood.
Centris No. 27827358
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $240,000 |
| Building | $686,300 |
| Total | $926,300 |
| Taxes | |
|---|---|
| Municipal (2026) | $13,135 |
| School (2026) | $1,000 |
| Total | $14,135 |
| Expenses | |
|---|---|
| Insurance | $5,200 |
| Total | $5,200 |
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