$1,699,000
ULS: 26244372
5-6-7-Plex
for sale
585 Rue Western, Waterloo
Built in 2023, this modern sixplex in Waterloo offers an outstanding investment opportunity. It features six spacious 4½ units, each with two bedrooms, an open-concept living area, and quality finishes throughout. Tenants enjoy contemporary design, large windows, and in-unit laundry. Located in a growing, in-demand area near schools, transit, shops, and restaurants. With strong rental potential and low maintenance, this turnkey building is ideal for investors seeking steady income and long-term value. Don't miss your chance to own a premium, newly built multi-unit property in a thriving Waterloo neighborhood.
Property features
2
Bedrooms
1
Bathroom
RADHA SIVAGNANAM
Certified real estate broker
NIRUTHAN NAGALINGAM
Real Estate Broker
SIVAKRISH SIVAGNANAM
Residential Real Estate Broker
SIVATASHA SIVAGNANAM
Residential Real Estate Broker
Building details and property interior
Dimensions
40' X 70'
Year constructed
2023
Windows
Aluminum, PVC
Window Type
Casement
Siding
Vinyl, Brick
Roofing
Asphalt shingles
Dividing Floor
Wood
Kitchen Cabinets
Melamine
Lot and exterior features
Lot size
94' X 151' 11"
Lot area
1,326.65 m²
Driveway
Asphalt
Parking (total)
Driveway (6)
Proximity
Highway, Public transportation
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
- Lot assessment
- $ 240,000
- Building assessment
- $ 686,300
- Total
- $ 926,300
Taxes
- Municipal (2025)
- $ 6,636
- Total
- $ 6,636
Gross annual revenues (potential)
- Residential
- $ 97,200
- Total
- $ 97,200
Inclusions and exclusions
Mortgage payment calculator
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