$990,000
For sale: Multiplex

Purpose-built triplex in a proven Waterloo rental location - close to St. David Catholic Secondary School and WCI, and minutes to the University of Waterloo, Wilfrid Laurier University and Uptown Waterloo. Three self-contained units with some updates completed and windows in great shape. Ample on-site parking, a real draw for tenants. Lower unit held vacant for the sale, allowing the buyer to set market rent, place their own tenant, or occupy. Solid in-place income with room to improve cash flow
Sold data
Homes in Waterloo took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 44, across 292 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $678,500.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 30% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 292 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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