10 Shanley Street, Kitchener, ON N2H 5N8
- Property tax
- $4,851 / year
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.
- MLS number
- X13595236
- Type
- Multiplex
- Status
- Active
- Bedrooms
- 5
- Bathrooms
- 3
- Postal code
- N2H 5N8
- Photos
- 34
- Laundry
- Not in the unit
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Multiplex
- Style
- 2-Storey
- Class
- Residential Freehold
- Age
- 100+
- Fronting on
- South
- Municipality
- Kitchener
- Cross street
- Shanley Street and Andrew Street
- Zoning
- R2B
Inside
- Bedrooms
- 5
- Bedrooms above grade
- 5
- Bathrooms
- 3
- Washrooms
- 1 on the second floor · 1 on the basement floor · 1
- Kitchens
- 3
- Rooms above grade
- 4
- Family room
- Yes
- Basement
- Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
- Size
- 1500-2000
Building
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete, Concrete Block, Stone
Parking
- Covered spaces
- 0
- Driveway spaces
- 4
- Total parking
- 4
- Features
- Front Yard Parking, Private
Land
- Lot
- 60 × 103.94 feet
- Shape
- Irregular
- Pool
- None
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- None, Window Unit(s)
- Water
- Municipal
- Sewer
- Sewer
- Electricity
- Yes
- Gas
- Yes
- Cable
- Available
Features
- Property
- Hospital, Library, Park, Place Of Worship, Public Transit, School
- Interior
- Separate Hydro Meter, Water Softener
- Exterior
- Deck, Paved Yard, Porch, Year Round Living
Listing
- MLS number
- X13595236
- Status
- Price Change
- Previous status
- New
- Listed on
- 2026-07-22
- Expires
- 2026-10-22
- Taxes
- $4,851 (2026)
- Board
- One Point Association of REALTORS
Listing history
No previous listings found for this address.
Where this property is
Where this address sits, matched against open government data.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| King Edward Public School Waterloo Region DSB | Elementary | 132 m | / 10 51% met the standard |
| Kitchener Waterloo Collegiate and Vocational School Waterloo Region DSB | Secondary | 288 m | / 10 81% met the standard · 2 of 6 measures |
| St John Catholic Elementary School Waterloo CDSB | Elementary | 826 m | / 10 48% met the standard |
| InnovOak School | Elementary and secondary | 922 m | Not reported |
| Elizabeth Ziegler Public School Waterloo Region DSB | Elementary | 1.1 km | / 10 68% met the standard |
| Margaret Avenue Public School Waterloo Region DSB | Elementary | 1.3 km | Not reported |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 587 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35300110 — the few blocks around this address, home to 587 people. It describes the area, not this property.
Percentages are of the 345 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.