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24 Austin Drive
421 - Lakeshore/Parkdale Waterloo N2L 3Y1

$1,349,900
Residential Income beds: 12 baths: 2.0 2,254 sq. ft. built: 1962

The property features a multi-level structure with light-colored brick siding and prominent bay windows
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
40820660
Bedrooms:
12
Bathrooms:
2
Year Built:
1962
Prime Purpose-Built Triplex in Waterloo! This all-brick, purpose-built triplex features three spacious, independent units, each with 4 bedrooms, a full 4-piece bathroom, a kitchen, and a large living room. All 12 bedrooms have large windows that fill the space with natural light. A fantastic opportunity for investors or an owner-occupier looking to live in one unit while generating rental income from the other two. Two of the three units, along with the common areas, have been fully renovated in the past few years, enhancing the property's appeal and value. Additional features include ample private parking in the rear and driveway, on-site coin-operated laundry, Updated New heating system (2012), Driveway (2011), Windows (2009), Roof (2005)., making it a turnkey investment.
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Year built:
1962 (Age: 64)
Listing General Location:
421 - Lakeshore/Parkdale, 4 - Waterloo West
Bedrooms:
12
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
7,841 sq. ft.
Lot Details:
62 x 130
Lot Depth:
130'
Lot Frontage:
62'
Frontage Type:
West
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
Features:
Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: Yes, Inspection Fire: Yes, New Construction: No
Construction:
Aluminum Siding, Brick Veneer
Basement:
Other, None
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Year Roof Replaced:
2005
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
2,254 sq. ft.
Finished Area Above Grade:
2,254 sq. ft.
Fireplace:
false
Laundry Features:
Shared
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Baseboard
Carbon Monoxide Detector,Smoke Detector
Water Softener
Separate Heating Controls
false
No
Holly St to Austin Dr
No
Carbon Monoxide Detector, Smoke Detector
HST Applicable To Sale Price:
Included
Association Fee:
Association Fee Frequency:
Association Fee 2:
Association Fee 2 Frequency:
Administrative Fee:
Features:
Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: Yes, Inspection Fire: Yes, New Construction: No
Road Access Fee:
Electric Expense:
$2,500
Insurance Expense:
$2,504
Expenses:
Estimated
Snow Garbage Expense:
$800
Utilities Expense:
2000
Laundry Income:
$800
Net Income:
$66,138
Lease to Own Equipment:
None
Leases:
Yes
Zoning:
RES-9
Total Acres:
0.18
Lot Site Features:
Hospital, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Schools, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: Yes, Inspection Fire: Yes, New Construction: No
Parking:
Exclusive
# Of Total Parking Spaces:
6.0
# Of Open Parking Spaces:
6.0
Driveway Parking:
Private Drive Single Wide
Road Frontage Type:
Municipal Road, Year Round Road
Road Surface Type:
Paved
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Num Occupied Units:
3
Total Units:
Listed Date:
Apr 13, 2026
  • Photo 1: 24 Austin Drive in Waterloo: 421 - Lakeshore/Parkdale Multi-3 Unit for sale (4 - Waterloo West) : MLS®# 40820660
    The property features a multi-level structure with light-colored brick siding and prominent bay windows
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Listed by SMART FROM HOME REALTY LIMITED
Data was last updated April 15, 2026 at 03:50 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,099,000
Min list price:
$699,999
Max list price:
$3,000,000
Avg days on market:
15
Min days on market:
5
Max days on market:
120
Avg price per sq.ft.:
$476.82
These statistics are generated based on the current listing's property type and located in 4 - Waterloo West. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Joy Stewart
Brian Santos
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