For Sale: 19 James Street, Waterloo, ON - REW
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$1,249,900
11 bd • 4 ba • 2517 sf • Multifamily
19 James Street
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$1,249,900
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19 James StreetWaterloo, ON, N2J 2S8

  • 11 Bed
  • 4 Bath
  • 2517 Sqft
  • Multifamily

About this home

$91,000+ Gross Annual Income Available Here! Rare University District Triplex with Strong Income and Future Upside! Opportunities like this are increasingly difficult to find in Waterloo's highly sought-after rental market. Located on a cul-de-sac that is about a one minute walk to Wilfrid Laurier University’s Science Building and a quick e-scooter ride to University of Waterloo, this Money Maker is also in close proximity to all amenities that make Waterloo great (Uptown Waterloo with its boutiques and bars). This City approved, rental licensed building offers investors an exceptional combination of location, income, and long-term potential. The property features three self-contained units with a desirable mix of two 3-bedroom units and one 5-bedroom unit, for a total of 11 bedrooms. Combining the charm and character of a century home with a purpose built addition, this property features spacious layouts, generous bedroom sizes, in-suite laundry, and ample on-site parking for up to six vehicles – note both the independent driveway as well as surface parking. With strong Day One cash flow, future turnover may offer investors opportunities to further optimize rents and improve returns. Separate hydro and gas meters create additional expense-management possibilities. At the property, look up and note the institutional-quality developments across the street and at the corner. The property's RMU-30 zoning while being surrounded by undeveloped homes may also merit future consideration for redevelopment or intensification. I have owned property on this street – and you should too. Whether you're an experienced investor looking to expand your portfolio, a first-time multi-residential buyer seeking a foothold in Waterloo's resilient rental market, or a parent investor planning ahead for university housing needs (send your kid to school and make money), 19 James Street presents a compelling opportunity in one of the City's most desirable locations.
Listed by: Mike Milovick, Royal LePage Wolle Realty

Home facts and features

Price details
List Price
$1,249,900
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Gross Taxes for 2026
$6,674
Home facts
Bedrooms
11
Full Bathrooms
4
Parking Spaces
6
Parking Details
Asphalt
Property Type
Multifamily
Lot Size
60 ft x 108 ft (6480 ft²)
Depth
108.0
Frontage
60.0
Heating Type
Forced Air,Natural Gas
Basement Details
Full,Partially Finished,Sump Pump
Features
In-suite, Separate Hydro Meters, Year Round Living
Appliances
3 Dryers, 3 Stoves, 3 Washers, 4 Fridges, Other
Agent details
Primary Agent
Primary Broker
Royal LePage Wolle Realty
Secondary Agent
Secondary Broker
Royal LePage Wolle Realty
Listing details
Days on REW
1 Day
MLS® Number
40867888
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Property Insights

MacGregor Public School
  • Public
  • 6 - 8
Waterloo Collegiate Institute
  • Public
  • 9 - 12
É Élém L'Harmonie
  • Public
  • JK - 8
Elizabeth Ziegler Public School
  • Public
  • JK - 6
St David Catholic Secondary School
  • Catholic
  • 9 - 12
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
Our Lady of Lourdes Catholic Elementary School
  • Catholic
  • JK - 8
Lincoln Heights Public School
  • Public
  • JK - 8
St Agnes Catholic Elementary School
  • Catholic
  • JK - 8
Winston Churchill Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Mike Milovick
Phone:
(519) 745-7000
Office:
519-578-7300
Jennifer Shingler
Phone:
(519) 745-7000
Office:
519-747-2040
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