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.
For sale
C$850,000
10 Shanley St, Kitchener, ON N2H 5N8
--beds
0baths
1,652sqft
Multi-3 Unit, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$515/sqft
C$-- HOA
What's special
Three self-contained unitsModern kitchenUpdated bathroomIn-suite laundryContemporary flooringRebuilt front porchNew gutters and downspouts
- 54 days
- 10
- 0
Zillow last checked:
Listing updated:
Listed by:
Cari Ann Hewick, Broker,
RE/MAX SOLID GOLD REALTY (II) LTD.
Source: ITSO,MLS®#: 40849475Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Water Softener, Dryer, Refrigerator, Stove, Washer
- Laundry: In-Suite
Features
- Separate Hydro Meters
- Basement: Walk-Out Access,Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,192
- Total interior livable area: 1,652 sqft
- Finished area above ground: 1,652
- Finished area below ground: 540
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Private Drive Single Wide
- Uncovered spaces: 4
Features
- Stories: 2
- Frontage type: South
- Frontage length: 60.00
Lot
- Size: 4,693 Square Feet
- Dimensions: 60 x 103.94
- Features: Irregular Lot, Public Transit, Schools, Shopping Nearby
Details
- Parcel number: 223270055
- Zoning: R2B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-3 Unit, Multi Family
Materials
- Brick
- Foundation: Block, Concrete Block, Stone
- Roof: Asphalt Shing
Condition
- 100+ Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Community
- Security: Carbon Monoxide Detector, Carbon Monoxide Detector(s)
Location
- Region: Kitchener
Financial & listing details
- Price per square foot: C$515/sqft
- Annual tax amount: C$4,850
- Date on market: 7/22/2026
- Inclusions: Carbon Monoxide Detector, Fridges X 3, Stoves X 3, Washers X 3, Dryers X 3, Water Softener
- Exclusions: Tenant's Belongings
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Price change | C$850,000-5.5%C$515/sqft |
Source: | ||
| 7/22/2026 | Listed for sale | C$899,900C$545/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: KW Hosptial
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.






