Listed price in listed location currency (CAD).
$899,900

004

MLS® 40849475

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1652 sqft
Garage 
Taxes $4,851
Days Active 18
Lot Size 4693.06 SF
Approx. Age 
Avg. Price Per Sqft $544
MLS® Number 40849475

Property Address: 10 Shanley St, Kitchener, ON, N2H5N8

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number40849475
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementWalk-Out Access, Full, Finished
DrivewayAsphalt
Garage Spaces
HeatForced Air, Natural Gas
A/CNone

Extras

Carbon Monoxide Detector, Fridges X 3, Stoves X 3, Washers X 3, Dryers X 3, Water Softener

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 22, 2026List Date
$899,900List Price

Home Appraisal

This property is estimated to sell between: $306,000 and $1,197,000.
Similar properties in this area sold on average for: $306,600
Expected to sell in 34 days. Similar properties sold in 52 days. This home has been on eXp Realty for 18 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
10 Shanley St, Kitchener, ON

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