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For saleMLS® X13595236

10 Shanley Street, Kitchener, ON N2H 5N8

$799,900

$533 / sq ft

3 months on market

Bedrooms
5
Bathrooms
3
Interior
1,500 sf
Parking
4
Lot
60 × 103.94 ft
Age
100+ years

What's special

  • 4 parking spaces
  • None,window unit(s)
  • Walk-out basement
  • Separate hydro meter
  • Water softener

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About this property

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.

Features

  • Separate Hydro Meter
  • Water Softener

Property details

Property

Property type
multiplex
Bedrooms
5
Bathrooms
3
Interior size
1,500 sq ft
Year built
100+
Lot size
60 × 103.94 ft
Zoning
R2B
Possession
Flexible

Interior

Basement
Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Heating
Forced Air · Gas
Cooling
None,Window Unit(s)
Exposure
South

Exterior & services

Construction
Brick
Parking spaces
4
Sewer
Sewer

Costs

List price
$799,900
Property taxes
$4,851 / year (2026)
Price per sq ft
$533
Rental items
Hot Water Heater

Listing

MLS® number
X13595236
Status
For sale
Listed
July 22, 2026
Days on market
105
Last updated
September 25, 2026
Listing brokerage
RE/MAX Solid Gold Realty (II) Ltd

Price & sale history

This property's sale history is hidden

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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 36% of comparable multiplex listings in Kitchener are asking less.

$575KMedian $975K$1.65M
This home
$533 / sq ft
Comparable median
$462 / sq ft

Based on 36 comparable active multiplex listings in Kitchener. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.9% · minimum $54,990
$54,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,118.74
Property tax (est.)
$404.22
Estimated monthly
$4,523

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
$12,473
Total due on closing
$12,473

An estimate on the asking price of $799,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX Solid Gold Realty (II) Ltd. 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.

$799,900

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Comparable sales nearby

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10 Shanley Street, Kitchener, ON N2H 5N8 For Sale — $799,900