Apartment Buildings for Sale near Kitchener South-West

Waterloo Multifamily for Sale - Western GGH

Exceptional 12-unit multifamily investment opportunity in the heart of Waterloo. Situated on a 0.37-acre site, this well-maintained red brick building features a suite mix of 1 one-bedroom and 11 two-bedroom apartments, complemented by a surface parking lot at the rear of the property. Many units have been thoughtfully renovated with modern finishes, including new vinyl flooring, stainless steel appliances, and updated bathroom fixtures, offering tenants a comfortable and contemporary living experience. The property is fully occupied, providing investors with immediate in-place income. Located along Weber Street North, residents benefit from excellent connectivity and proximity to key amenities. The property is minutes from Wilfrid Laurier University, and the University of Waterloo. Nearby, tenants enjoy easy access to grocery stores, shopping centres, restaurants, and parks, while public transit, including the ION LRT, ensures convenient travel across Kitchener-Waterloo. Highway 85 is also close by, providing quick access to Highway 401 and the broader region. This is a strong, income-producing asset in one of Ontario’s fastest-growing cities, well-positioned for long-term appreciation.

Property Subtype:

Apartment

Date on Market:

2026-01-06

Waterloo Portfolio of properties for Sale - Western GGH

Exceptional Land Assembly Opportunity – Prime Location Adjacent to Wilfrid Laurier University** Presenting a rare opportunity to acquire a land assembly. Ideally positioned directly across the street from Wilfrid Laurier University, this site offers unparalleled proximity to the campus and is surrounded by thriving amenities. The combined development site features favourable RMU-81 zoning, allowing for a wide array of future possibilities. Providing a substantial land footprint for investors or developers. Property is currently rented and generating income until re-development

Property Subtype:

Multi Family

Date on Market:

2025-11-06

Waterloo Multifamily for Sale - Western GGH

Well-maintained 11-unit multifamily property in a strong Waterloo location. Situated on a 0.35-acre lot, the building offers a practical suite mix of 6 one-bedroom and 5 two-bedroom apartments, appealing to a broad tenant base. The property features an attractive orange-brown brick exterior, complemented by mature trees at the front entrance that create a welcoming streetscape. Surface parking for tenants is conveniently located at the rear of the building. Inside, residents benefit from a shared laundry room, which also provides additional income for the owner. Located just a one-minute walk from a bus stop on Hazel Street, the property offers excellent transit access. Its central position places tenants within easy reach of Uptown Waterloo, Wilfrid Laurier University, the University of Waterloo, shopping, grocery stores, and restaurants. With its desirable unit mix, stable income, and convenient location, 422 Hazel Street presents a strong investment opportunity in a growing rental market.

Property Subtype:

Apartment

Date on Market:

2025-10-29

Waterloo Multifamily for Sale - Western GGH

AAA Location!!! Less than 1 minute walk to the Universities...Deceivingly large, all bedrooms are above average in size, old house character and charm with an addition and updates, not your typical cookie cutter box. Renovated lower unit, very large backyard, lot's of outdoor space, 2 driveways with lot's of parking. Legal fourplex(no License or annual fee required), 15 students total. Always rented!!! Students love this building the two primary things that students are looking for is a nice clean apartment with a good size bedroom, 2nd is to get up and get to school fast with the lease amount of effort. This building has both.

Property Subtype:

Apartment

Date on Market:

2025-10-07

Kitchener Portfolio of properties for Sale - Western GGH

Property Subtype:

Multi Family

Date on Market:

2025-09-05

Kitchener Multifamily for Sale - Western GGH

Exceptional Investment Opportunity – Turn-Key Multi-Family Asset Near Downtown Kitchener. Discover a premier investment generating approximately $203,000 in gross annual rental income. Renovated in 2015, this meticulously maintained property offers a seamless blend of modern finishes and classic character, featuring twelve self-contained one-bedroom units in a sought-after rental location. Situated just steps from schools, hospitals, transit, and downtown amenities, this high-demand area boasts a Walk Score of 97 – a true Walker’s Paradise. In 2015 this building had a major overhaul with all new windows, doors, kitchens, appliances, full electrical and plumbing upgrades as well as a steel roof. Surrounded by high-density redevelopment, this asset holds strong current value and promising future appreciation potential – making it ideal for land banking while collecting attractive rental returns. Just one property away from Weber Street, it’s perfectly positioned for investors seeking a turn-key, low-maintenance asset minutes from the heart of Downtown Kitchener.

Property Subtype:

Apartment

Date on Market:

2025-08-26

Waterloo Multifamily for Sale - Western GGH

Lennard Commercial Realty is pleased to offer for sale 392–398 Erb Street West in Waterloo. This offering includes two adjoining properties totaling approximately 0.54 acres, located just minutes from both Uptown Waterloo and the University District. The site is currently improved with a four-unit apartment building and a single-family home, both of which are fully leased, providing immediate holding income. It is zoned Residential Mixed-Use 20 (RMU-20), which permits development of up to six storeys in height. This flexible zoning framework supports a variety of residential redevelopment options, including mid-rise rental projects. A Site Plan Application has been prepared for a 6-storey, 74-unit apartment building, helping to streamline the development timeline and reduce upfront planning risks for prospective buyers. With zoning already in place, the property offers a rare opportunity to proceed without the delays and uncertainty of a rezoning process. Given its strategic location, preliminary development plans, and strong market fundamentals, 392–398 Erb Street West represents a compelling infill development opportunity—complete with holding income—in one of Waterloo’s most desirable growth corridors.

Property Subtype:

Apartment

Date on Market:

2025-08-13