Mobile Homes & RV Parks for Sale near Kitchener

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

Kitchener Portfolio of properties for Sale - Western GGH

Property Subtype:

Multi Family

Date on Market:

2025-09-05

Kitchener Multifamily for Sale - Western GGH

Property Subtype:

Apartment

Date on Market:

2025-09-02

Kitchener Multifamily for Sale - Western GGH

Property Subtype:

Apartment

Date on Market:

2025-09-02

Kitchener Multifamily for Sale - Western GGH

Property Subtype:

Apartment

Date on Market:

2025-09-02

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

Kitchener Multifamily for Sale - Western GGH

Property Subtype:

Apartment

Date on Market:

2025-08-08