Salehian.com 647-325-5000

10 Shanley Street

Kitchener, N2H 5N8

$799,900

Reduced $100,000 from $899,900

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  • 5 bedrooms
  • 3 bathrooms
  • 4 parking
  • 1500-2000 sq ft

Listed 89 days ago · MLS® X13595236

About this home

Exceptional turnkey investment opportunity in the heart of Kitchener's thriving Innovation District! Ideally located just two blocks from Google, this fully renovated and fully rented triplex offers immediate cash flow in one of Waterloo Region's most sought-after rental markets. Within walking distance to the University of Waterloo School of Pharmacy, Grand River Hospital, the ION LRT, GO Transit, vibrant downtown amenities, restaurants, and the future growth of the tech corridor, this is an investment positioned for long-term success.This meticulously updated property features three self-contained units, including two spacious 2-bedroom suites and one bright 1-bedroom lower-level apartment, all thoughtfully renovated with quality finishes and designed to attract and retain excellent tenants. Each unit offers a modern kitchen, updated bathroom, in-suite laundry, contemporary flooring, and its own hydro meter, providing convenience for tenants and reduced operating costs for the owner.Extensive capital improvements provide true peace of mind, including updated plumbing and electrical with all knob-and-tube wiring removed, new appliances throughout, rebuilt front porch, new gutters and downspouts, new window wells, new fencing and privacy walls, a new water softener (2022), individual thermostats for each unit, and much more.The property also offers parking for up to five vehicles with two separate driveways-a rare and valuable feature in this highly walkable urban neighbourhood.Whether you're expanding your real estate portfolio or purchasing your first income property, this low-maintenance, income-producing triplex combines a premier location, quality renovations, and strong rental demand in one exceptional package. Opportunities like this in Kitchener's Innovation District are rare-don't miss your chance to invest in one of the region's fastest-growing communities.

Details

Type
Multiplex
Style
2-Storey
Age
100+ years
Size
1500-2000 sq ft
Lot
60 × 103.94 ft
Basement
Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Garage
None
Kitchens
3
Property tax
$4,851 (2026)
Municipality
Kitchener

Interior

Bedrooms
5 above ground
Bathrooms
1 × 4-piece (second), 1 × 4-piece (basement), 1 × 3-piece
Rooms
4 above ground
Family room or den
Yes
Fireplace
No
Features
Separate Hydro Meter, Water Softener

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Window Unit(s)
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete, Concrete Block, Stone
Age
100+
Faces
South
Outdoor
Deck, Paved Yard, Porch, Year Round Living

Parking

Total parking
4
Driveway and parking
Front Yard Parking, Private

Lot

Size
60 × 103.94 ft (irregular)
Acreage
< .50

More

Possession
Flexible
Nearby
Hospital, Library, Park, Place Of Worship, Public Transit, School
Cross street
Shanley Street and Andrew Street

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Grand River Hospital LRT9 min walk
  • 🚇 Central Station LRT9 min walk

Within a 10-minute walk: 3 grocery stores, 19 cafés and restaurants, 8 parks, 4 pharmacies. Nearest grocery: Central Fresh Market (150 m). Nearest park: Duke Street Playground (550 m).

Schools nearby

Elementary

  • King Edward Public School
    EQAO: Gr 6 reading 77%, math 30%    3 min walk
  • St. John Catholic Elementary School Catholic
    EQAO: Gr 6 reading 63%, math 43%    13 min walk
  • Elizabeth Ziegler Public School
    EQAO: Gr 6 reading 93%, math 47%    18 min walk
  • Westmount Public School
    EQAO: Gr 6 reading 93%, math 38%    1.5 km

Secondary

  • Kitchener–Waterloo Collegiate and Vocational School
    EQAO: Gr 9 math 73%, literacy test 88%    5 min walk
  • St. Louis Education Centre - Main Campus Catholic18 min walk
  • St. Louis Education Centre - St. Mary's Campus Catholic1.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2H

Owners / renters
49% / 51%
Median household income
$73,500
Average age
41
Children under 15
13%
Homes
43% detached, 22% high-rise
Commute by transit
7%
Population
22,456

Languages spoken most at home besides English: Arabic 0.9%, Spanish 0.7%, Tigrigna 0.5%, Portuguese 0.5%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 1 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX Solid Gold Realty (II) Ltd.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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