17 LOUISA Street

About this home.

Well-maintained 22-unit apartment property in Uptown Waterloos desirable North Ward, consisting of two neighbouring buildings on separate lots being sold together. The suite mix includes 3 bachelor units and 19 one-bedroom units, offering excellent rental appeal for singles and couples. Both buildings are professionally managed and benefit from steady tenant demand in this central, walkable location near transit, shopping, dining, and amenities. With current rents below market, there is significant upside potential through turnover and strategic renovations. A rare opportunity to acquire a stable, income-producing asset with long-term value growth in one of Waterloo Regions most sought-after neighbourhoods. (id:59491)

The full record.

How this listing prices against Uptown Waterloo/North Ward.

Uptown Waterloo/North Ward saw 6 sales and 15 active listings over the past 30 days, a slower pace than the city overall. The average price was $580,433, well below Kitchener's city average, while homes sold in 23 days on average and at 95.59 percent of list, which suggests buyers had negotiating room. This is a split market right now, with freeholds moving quickly and condos taking much longer. For shoppers in this area, the property type matters more than the neighbourhood average.

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