Rare Investment Opportunity in Prime Uptown Waterloo! Discover this exceptional legal triplex ( two 2 bedroom units and one 4 bedroom unit ), perfectly situated in the heart of Uptown Waterloo, 4 minutes walk to restaurants, shops, Waterloo Town Square, LRT, Waterloo Park and all the conveniences of city living. With a rare Lane-way (Wells Lane) access at the back with additional 3 parking and a shed, this property offers both functionality and investment appeal . Property Highlights: Turnkey and fully updated with numerous recent upgrades, ensuring a hassle-free investment. The main unit is brand new and vacant, making it ideal for an owner-occupier or a high-quality tenant at market rent. The upper unit and lower unit are both leased to great tenants at market rates, providing immediate and stable rental income. Located in one of Waterloos most desirable neighbourhoods, this property is within walking distance of trendy cafes, restaurants, boutique shops, parks, and public transit, offering unbeatable convenience. Why Invest Here? 1-Strong rental demand in a sought-after location. 2-Ideal for investors looking for a solid income property with minimal maintenance. 3-Perfect for house hacking - live in one unit while tenants help cover your mortgage. 4 - Highest land value in Waterloo Region With its prime location, modern upgrades, and strong rental potential, this rare find wont last long. Don't miss this incredible opportunity to own a highly desirable triplex in Uptown Waterloo!
Single-familyProperty Type
1 garage spacesParking
Listed by DENNIS MEHRAVAR• ENGEL & VOLKERS WATERLOO REGION
Source:TREB #X11962139
Market trends in Uptown West, ON
Last updated October 2026
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Provided by Redfin
Sale history for 40 Menno St
Date
Event
Price
TREB #X11962139
May 7, 2025
Delisted
—
Mar 28, 2025
Price Changed
$1,265,000
Feb 7, 2025
Listed
$1,325,000
As the MLS and public records start to fill up, we'll list the details here.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: Waterloo Region
Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.8km
Empire Public School
Public, JK-6 • Assigned
1.6km
Kitchener Waterloo Collegiate And Vocational School
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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