Gurvinder Nokwal REALTOR®
For Sale Triplex 90 days on market

$1,296,000

Est. payment $5,738/moCalculate yours

262 Hazel Street, Waterloo, ON N2L 3N9

Waterloo, ON N2L 3N9

  • 4 + 6 Beds
  • 4 Baths
  • 2,000 Sq Ft
Map

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. MLS® X13585008

About this home

A rare three-property land assembly in one of the closest residential pockets to Wilfrid Laurier University. Steps to campus and situated on a direct GRT bus route to the University of Waterloo, this is one of the most convenient student-housing locations in the city. The assembly is currently configured for 22 rooms across the three properties, arranged as 6 separate self-contained units, each with its own bathroom, kitchen and common area - a proven, income-generating layout with exceptional walkability to both campuses, transit, shopping and amenities. With future development potential on a very manageable scale - a sensible, achievable build rather than an outsized or overly ambitious project, with possible expansion to neighbouring properties - this is an outstanding holding for investors and developers seeking scale, steady student-rental income, and long-term appreciation in Waterloo’s University District. 262, 264, 266 Hazel must be purchased together.

Property details

Overview

Property Type
Triplex
Style
2-Storey
For
For Sale
Status
New
Size
2,000 sqft

Interior

Bedrooms
4 + 6
Bathrooms
4
Kitchens
3
Basement
Full, Partially Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle, Cedar
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
60 x 94 Feet
Parking
None garage · 6 total

Financial

Property Taxes
$11,028 (2025)

Location

Cross Street
State St.
Direction Faces
North

Listing

MLS® Number
X13585008
Days on Market
90
Listed On
2026-07-20
Possession
Flexible
Listed By
RE/MAX REAL ESTATE CENTRE INC.

Features

Interior

  • Other

Pool

  • None
Excluded
All Tenants belongings
Rental items
hot water heater

Mortgage calculator

Minimum for this price: $104,600 (8.07%)

Amortization, years

Estimated mortgage payment

$5,738 per month

Principal and interest
$5,738
Property tax
$919
Estimated monthly cost
$6,657

Your mortgage

Mortgage amount
$1,036,800
Mortgage insurance
Not needed
Interest over 25 years
$684,722

Cash to close

Down payment
$259,200
Land transfer tax
$22,395
Total, before legal fees
$281,595
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

262 Hazel Street, Waterloo, ON N2L 3N9 Waterloo, ON N2L 3N9
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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).

$1,296,000 262 Hazel Street, Waterloo, ON N2L 3N9
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