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Investment Highlights

  • Contemporary construction with energy-efficient systems and premium interior finishes.
  • Strategic location near commercial nodes, schools, parks, and public amenities in a high-demand rental market.
  • Twelve on-site parking spaces and full-height basement enhance convenience and functionality.

Executive Summary

Introducing a brand-new six-unit multi-family investment in Waterloo’s thriving residential market. Slated for completion in 2025, this property is designed for robust rental performance and long-term value appreciation. Each of the six 5½ units will feature spacious, open-concept layouts crafted with thoughtful attention to modern living requirements, ensuring broad tenant appeal and reduced vacancy risk.
Constructed with quality standards and contemporary finishes, the building pairs energy-efficient systems with durable materials, enhancing both operational economy and asset longevity. Residents will enjoy convenient on-site amenities, including generous paved parking with 12 spaces allotted for tenants. A full-height basement adds functional flexibility for storage or additional services.
Positioned near essential services, retail destinations, and schools, the property offers immediate connectivity to Waterloo’s core amenities while benefiting from regional demographic growth and strong rental demand across the Estrie area. Forecasted annual rental revenues exceed $107,000, confirming this as a turnkey income generator for investors targeting stabilized cash flow and strategic capital growth.

Property Facts

Price $1,900,000 CAD
Price Per Unit $950,000 CAD
Sale Type Investment
No. Units 2
Property Type Multifamily
Building Size 7,589 SF
No. Stories 2
Year Built 2025
Zoning Residential/Commercial

Amenities

Unit Amenities

  • Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 41141432

  • Date on Market: 2026-07-02

  • Last Updated:

  • Address: 15 Rue Picken, Waterloo, QC J0E 2N0

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