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406 Hazel St
Waterloo, ON N2L 3P7
Multifamily Property For Sale · 10 Units

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INVESTMENT HIGHLIGHTS

  • Many units offering private balconies.
  • An on-site laundry room provides added convenience for residents while generating additional income for the owner.
  • Several apartments have been updated with modern finishes.

EXECUTIVE SUMMARY

Attractive 11-unit multifamily property located in Waterloo. Situated on a 0.38-acre site, the building features a desirable suite mix of 8 one-bedroom, 2 two-bedroom, and 1 three-bedroom apartments, appealing to a wide range of tenants.
Ideally located with a bus stop right at the front door, tenants enjoy excellent transit access alongside proximity to Uptown Waterloo, Wilfrid Laurier University, and the University of Waterloo. Nearby amenities include shopping, grocery stores, restaurants, and the ION LRT. This prime location, combined with updated interiors and stable income, makes 406 Hazel Street a compelling investment in a growing rental market.

PROPERTY FACTS

Price Per Unit $240,000 CAD
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 12,369 SF
No. Stories 3
Year Built 1964
Parking Ratio 0.97/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 - -
  • Listing ID: 38255502

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 406 Hazel St, Waterloo, ON N2L 3P7

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