Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

564 Brookhaven Crescent, Waterloo, ON N2L 4R7

12 beds · 6 baths · 6 kitchens · 30 rooms · 9 parking spaces · 5000 + sq ft · Laundry on the lower level level · Multiplex
$2,100,000
Property tax
$10,796 / year

Turnkey multi-residential investment - six fully leased two-storey brick townhouse units in a row, generating income from day one. Works out to only $350,000 per unit, this is an exceptional entry point into one of Ontario's strongest rental markets. Each unit features two bedrooms, a full washroom, and a rec room in the basement. Situated on a large 0.4-acre lot with 9 rear parking spaces, backing onto greenspace in a quiet, family-oriented neighbourhood minutes from the University of Waterloo and Wilfrid Laurier University - ensuring consistently strong rental demand. Excellent long-term mature tenants in place. Significant future development potential on this large lot!

MLS number
X13707616
Type
Multiplex
Status
Active
Bedrooms
12
Bathrooms
6
Postal code
N2L 4R7
Photos
48
Laundry
Lower Level level
19days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

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.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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.

SchoolLevelDistanceRating
Sir Edgar Bauer Catholic Elementary School
Waterloo CDSB
Elementary434 m7.5 / 10
75% met the standard
Cedarbrae Public School
Waterloo Region DSB
Elementary330 m3.7 / 10
37% met the standard
N A MacEachern Public School
Waterloo Region DSB
Elementary553 m8.3 / 10
83% met the standard
Beechwood BraineryElementary1.0 kmNot reported
Northlake Woods Public School
Waterloo Region DSB
Elementary1.2 km8.9 / 10
89% met the standard
Matthews HallElementary1.8 kmNot 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

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

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 460 people.

$93,000Median household income
77.8%Own their home
67.6%Detached houses
39.6Median age
24.5%Born outside Canada
24.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300043 — the few blocks around this address, home to 460 people. It describes the area, not this property.

460Population
42Average age
2.7Household size
$110,000Average household income
$93,000Median household income
78%Own their home
22%Rent
0%Condominiums
25%Born outside Canada
24%University degree
$650,000Average home value
8%Low income
43%Not in the labour force
25%Never married
$25,000 to $29,9992%
$35,000 to $39,9994%
$40,000 to $44,9994%
$45,000 to $49,9994%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over30%
$100,000 to $124,99914%
$125,000 to $149,9996%
$150,000 to $199,9996%
$200,000 and over8%

Percentages are of the 250 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.

$420,000 · minimum here is $420,000
$9,298.35per month
Borrowed before insurance$1,680,000
Total borrowed$1,680,000
Interest over 25 years at 4.5%$1,109,504

If you rented it out

-$10,198.01per month out of pocket
Rent$0.00
Everything it costs to hold$10,198.01
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.

Listed by RE/MAX PRESIDENT REALTY. Listing data provided by the Toronto Regional Real Estate Board.