$899,500
FOR SALE

Triplex 2-Storey

Bedrooms: 5Bathrooms: 3Lot: 57.21 x 120 ft
2025 Taxes: $6,661.2

7 Balmoral Dr
Kitchener, ON N2M 2J7 | Waterloo

Fantastic opportunity to own a FULLY VACANT PURPOSE-BUILT TRIPLEX! in desirable Belmont Village, steps from Catalyst HIGH TECH HUB, offering both immediate flexibility and strong income potential. This well-maintained property features three Bright & SPACIOUS units, including two upper 2bdrm units and a basement 1bdrm unit where owner is starting renovations to convert it to a 2-bedroom layout - creating even greater future rental possibilities!Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living, The upper and middle units also feature a WALK OUT BALCONY. Each unit is separately metered for hydro. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. There is also parking for six vehicles, offering excellent convenience for tenants or future owners. Extra shed in the parking lot for extra storage! Recent upgrades include updated flooring, new roof shingles (2020), ensuring low ongoing maintenance and long-term value. There's also coin operated laundry, offering an additional revenue stream. GENEROUS LOT SIZE allowing potential of adding a 4th unit.The property is conveniently located near schools, parks, shopping, hospital ,public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Whether you're an investor or looking for a multi-unit property with flexibility and long-term potential, this is a great opportunity in a high-demand rental area close to transit, amenities, and everyday conveniences.With all units vacant, buyers have the rare advantage of setting their own rents and selecting tenants, or even occupying one unit while generating income from the others.
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Listed By UPPERSIDE REAL ESTATE LIMITED
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13054438
Last Updated May 14, 2026
Property Summary
Property Type Triplex

More like this:
PIN 224370112
Legal Description Pt Lt 28 Pl 852 Kitchener As In 784490; Kitchener
Possession Date Flexible
Taxes (2025) $6,661.2
Directions/Cross Streets Balmoral Drive and Brandon Ave
Area Waterloo
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 5
Bathrooms 3
Rooms 15
Lot 57.21 x 120 ft
Exterior Brick
Air Conditioning None
Garage Type None
Parking Spaces 6
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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