$425,000
New
ULS: 22132490
5-6-7-Plex
for sale
45 - 53 Rue Lewis O., Waterloo
Excellent investment opportunity! 5-unit building located in the heart of Waterloo. This building offers excellent rental stability and strong long-term potential with over $35,000 in annual income. It includes 5 parking spaces, a highly desirable feature for both owners and tenants. Strategically located, steps from downtown and directly across from an elementary school and just minutes from a high school. Ideal for investors!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
1
Bedroom
1
Bathroom
YANICK BEAUREGARD
Real Estate Broker
Addendum
- Very clean building.
- The units are: 1 x 5 1/2, 1 x 3 1/2, and 3 x 4 1/2.
- It offers 5 parking spaces.
- The tenant of unit 45 has a 5-year lease (until 2031).
- Strategic location close to all services and in the immediate vicinity of downtown Waterloo.
- Across from an elementary school.
- Quiet and sought-after area.
- Excellent location.
- NEARBY:
- Highway.
- Bike path.
- Tennis/pickleball.
- Grocery store/pharmacy/SAQ (liquor store) and other amenities.
- Sports center/dek hockey/pump track.
- All offers must remain open until May 29, 2026, at 6:00 PM. The seller agrees not to respond to any offers before this date.
-According to Article 16 of the brokerage regulations, you are hereby informed that you have two options in the event of dual representation. To make an informed decision, you are hereby informed of the choices available to you: a) to deal directly with the seller's broker and receive fair treatment; or b) to deal with your own broker who will ensure the protection of your interests.
- The units are: 1 x 5 1/2, 1 x 3 1/2, and 3 x 4 1/2.
- It offers 5 parking spaces.
- The tenant of unit 45 has a 5-year lease (until 2031).
- Strategic location close to all services and in the immediate vicinity of downtown Waterloo.
- Across from an elementary school.
- Quiet and sought-after area.
- Excellent location.
- NEARBY:
- Highway.
- Bike path.
- Tennis/pickleball.
- Grocery store/pharmacy/SAQ (liquor store) and other amenities.
- Sports center/dek hockey/pump track.
- All offers must remain open until May 29, 2026, at 6:00 PM. The seller agrees not to respond to any offers before this date.
-According to Article 16 of the brokerage regulations, you are hereby informed that you have two options in the event of dual representation. To make an informed decision, you are hereby informed of the choices available to you: a) to deal directly with the seller's broker and receive fair treatment; or b) to deal with your own broker who will ensure the protection of your interests.
Building details and property interior
Year constructed
1890
Windows
Wood, PVC
Roofing
Sheet metal, Asphalt shingles, Elastomeric membrane
Garage
Detached
Basement
6 feet and more, Unfinished
Lot and exterior features
Lot size
60' X 174' irr.
Lot area
10,680 ft²
Topography
Flat
Driveway
Asphalt
Parking (total)
Garage (5), Driveway (10)
Proximity
Park, Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Daycare centre, Highway, Golf
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 74,200
- Building assessment
- $ 242,600
- Total
- $ 316,800
Taxes
- Municipal (2026)
- $ 6,358
- School (2025)
- $ 202
- Total
- $ 6,560
Gross annual revenues (potential)
- Residential
- $ 31,128
- Parking
- $ 4,440
- Total
- $ 35,568
Inclusions and exclusions
Inclusions
Lighting fixtures.
Exclusions
Owners' personal belongings in the basement. Tenants' personal belongings.
Mortgage payment calculator
$
$
$
%