$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
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
Estimated mortgage payment
$3,542 per month
- Principal and interest
- $3,542
- Property tax
- $404
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $172,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
This photo could not be loaded.