NewFor Sale

7 Balmoral Drive
Kitchener, Waterloo, ON, N2M 2J7

Investment
TRREB
MLS® Number: X13054494
$899,500List Price
InvestmentProperty Type
2,076 sq ftSize
$6,661.2 / 2026Taxes (Annual)
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Listing History

Buy/sell history for 7 Balmoral Drive, Kitchener, ON N2M 2J7

0 Transactions by CPRB Agents

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Description

Fantastic opportunity to own a FULLY VACANT PURPOSE-BUILT TRIPLEX! in desirable Belmont Village, steps from Catalyst HIGH TECH HUB, offering both immediate flexibility and strong income potential. This well-maintained property features three Bright & SPACIOUS units, including two upper 2bdrm units and a basement 1bdrm unit where owner is starting renovations to convert it to a 2-bedroom layout - creating even greater future rental possibilities!Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living, The upper and middle units also feature a WALK OUT BALCONY. Each unit is separately metered for hydro. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2020), ensuring low ongoing maintenance and long-term value. There's also coin operated laundry, offering an additional revenue stream. GENEROUS LOT SIZE allowing potential of adding a 4th unit.The property is conveniently located near schools, parks, shopping, hospital ,public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Whether you're an investor or looking for a multi-unit property with flexibility and long-term potential, this is a great opportunity in a high-demand rental area close to transit, amenities, and everyday conveniences.With all units vacant, buyers have the rare advantage of setting their own rents and selecting tenants, or even occupying one unit while generating income from the others.

Features

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Amenities

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Summary

Tax (Annual):$6,661.2 / 2026
Listing #:X13054494
Property Type:Investment
Building Age:51-99
Size:2,076 sq ft
Land Size:57.21 x 120
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:UPPERSIDE REAL ESTATE LIMITED

Rooms

Details

Property

Property Type:Investment
Municipality:Waterloo

Building

Size:2,076 sq ft
Building Age:51-99

Inside

Bedrooms:5
Bathrooms:1
Kitchens:3
Rooms:15
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Forced Air Open
Heating Fuel:Gas

Land

Cross Street:Balmoral Drive and Brandon Ave

$899,500

List price

7 Balmoral Drive, Kitchener – 5 bed Investment for sale · MLS® # X13054494