Gurvinder Nokwal REALTOR®
For Sale Multiplex 88 days on market

$799,900 ↓ $100,000 from $899,900

Est. payment $3,542/moCalculate yours

10 Shanley Street, Kitchener, ON N2H 5N8

Kitchener, ON N2H 5N8

  • 5 Beds
  • 3 Baths
  • 1,500 Sq Ft
Map

Listing courtesy of RE/MAX Solid Gold Realty (II) Ltd MLS® X13595236

About this home

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.

Property details

Overview

Property Type
Multiplex
Style
2-Storey
For
For Sale
Status
Price Change
Approximate Age
100+
Size
1,500 sqft

Interior

Bedrooms
5
Bathrooms
3
Kitchens
3
Basement
Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
None, Window Unit(s)
Exterior
Brick
Foundation
Concrete, Concrete Block, Stone
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
60 x 103.94 Feet
Parking
None garage · 4 total
Zoning
R2B

Financial

Property Taxes
$4,851 (2026)

Location

Cross Street
Shanley Street and Andrew Street
Direction Faces
South

Listing

MLS® Number
X13595236
Days on Market
88
Listed On
2026-07-22
Possession
Flexible
Listed By
RE/MAX Solid Gold Realty (II) Ltd

Features

Interior

  • Separate Hydro Meter
  • Water Softener

Property

  • Hospital
  • Library
  • Park
  • Place Of Worship
  • Public Transit
  • School

Pool

  • None
Included
Carbon Monoxide Detector, Fridges x 3, Stoves x 3, Washers x 3, Dryers x 3, Water Softener
Excluded
Tenant's Belongings
Rental items
Hot Water Heater

Mortgage calculator

Minimum for this price: $54,990 (6.87%)

Amortization, years

Estimated mortgage payment

$3,542 per month

Principal and interest
$3,542
Property tax
$404
Estimated monthly cost
$3,946

Your mortgage

Mortgage amount
$639,920
Mortgage insurance
Not needed
Interest over 25 years
$422,615

Cash to close

Down payment
$159,980
Land transfer tax
$12,473
Total, before legal fees
$172,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

10 Shanley Street, Kitchener, ON N2H 5N8 Kitchener, ON N2H 5N8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$799,900 10 Shanley Street, Kitchener, ON N2H 5N8
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