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For saleMLS® X13585008

262 Hazel Street, Waterloo, ON N2L 3N9

$1,296,000

$648 / sq ft

3 months on market

Bedrooms
4+6
Bathrooms
4
Interior
2,000 sf
Parking
6
Lot
60 × 94 ft

What's special

  • 6 parking spaces
  • Finished basement

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About this property

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.

Features

  • Other

Property details

Property

Property type
multiplex
Bedrooms
4 + 6
Bathrooms
4
Interior size
2,000 sq ft
Lot size
60 × 94 ft
Possession
Flexible

Interior

Basement
Full, Partially Finished
Heating
Forced Air · Gas
Exposure
North

Exterior & services

Construction
Vinyl Siding
Parking spaces
6
Sewer
Sewer

Costs

List price
$1,296,000
Property taxes
$11,028 / year (2025)
Price per sq ft
$648
Rental items
hot water heater

Listing

MLS® number
X13585008
Status
For sale
Listed
July 20, 2026
Days on market
107
Last updated
July 20, 2026
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 53% of comparable multiplex listings in Waterloo are asking less.

$790KMedian $1.25M$4.99M
This home
$648 / sq ft
Comparable median
$682 / sq ft

Based on 15 comparable active multiplex listings in Waterloo. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $104,600
$104,600
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,587.46
Property tax (est.)
$919.00
Estimated monthly
$7,506

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$22,395
Total due on closing
$22,395

An estimate on the asking price of $1,296,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,296,000

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