22 James St

About this Property

Discover an exceptional investment opportunity in a vibrant Waterloo neighbourhood. This multiplex offers strong, dependable cash flow with over $80K in annual gross rental income, while providing excellent potential for future rental growth. The property comprises five self-contained apartments with a total of 10 spacious bedrooms and 5 full kitchens, making it an ideal addition to any investment portfolio. Offering peace of mind for both owners and tenants, the building is equipped with a hard-wired fire alarm system throughout all units and common areas. Positioned in a prime location just steps from Wilfred Laurier University, University of Waterloo, Conestoga College and vibrant Uptown Waterloo, the property benefits from consistent demand from students, faculty, and young professionals alike. Residents enjoy convenient access to the ION Light Rail, Waterloo Park, shopping, grocery stores, cafés, restaurants, fitness centres, entertainment venues, and the region's thriving technology corridor, home to many of Canada's leading employers. This property offers a compelling opportunity to increase revenue over time while benefiting from long-term appreciation. Whether you're expanding an established portfolio or acquiring your first multi-residential asset, this turnkey investment combines immediate income, future upside, and an unbeatable location.

Listing Details

MLS #

X14163818

Board

PROPTX

Market

ontario

Property Type

Fourplex

Style

2-Storey

Garage

None

Parking Spaces

6

Basement

Apartment

Heating

Baseboard

Cooling

Central Air

Pool

None

Lot Size

76 × 90.57 ft

Annual Taxes

$13,710/yr

Listed By

SAM MCDADI REAL ESTATE INC.

Listed On

November 9, 2026

Features & Extras