$799,000
22 WEBER Street, Waterloo, ON N2J 3G4, Waterloo, ON
Waterloo, ON N2J 3G4
4 beds 2 baths Detached
About this home
Situated on the corner of Weber and Royal, this 2-storey home offers a strong investment opportunity with excellent visibility and access. The generous MR-6 zoning allows for a wide range of potential uses, making it ideal for future redevelopment or mixed-use possibilities. The home features 3 good-sized bedrooms, high-efficiency gas furnace, 100-amp breaker panel, and a detached single-car garage. Currently tenant-occupied, providing immediate income for investors.
Property Score
69/ 100
Overall Property Score
good
A blend of both buyer and investor metrics.
Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
78/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
82/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
98% of city avggood
Priced below Waterloo's average of $815,000.
Appreciation Trend
+1.8%/yrgreat
Waterloo has seen +1.8% YoY price change.
Monthly Cash Flow
-$712/mopoor
Estimated -$712/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
4.54%great
Net operating income divided by purchase price.
Basement Suite Potential
+$1,590/moexcellent
Existing/legal suite estimated at $1,590/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13099644
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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