$1,259,900
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119 Regina Street N, Waterloo, ON N2J3B1

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11 Beds
3 Baths
3,573 Sq Ft

Presenting this pristine Tri-Plex in the middle of Uptown Waterloo and steps from the University District. 119 Regina Street North, has been impeccably maintained under the same ownership since 1995. Always fully tenanted, this building is comprised of two, 4-bedroom units on the main and second floor with nearly 1, 200 sq ft of living space. Each unit with a large eat in kitchen, living area, balcony and 4 bedrooms individually leased between $700 and $720 per room. The third unit, on the lower level features the same layout but with three bedrooms (windows above grade) renting for $700 per room and includes a walkout living room to a sunken patio. The mechanical room hosts a Lechinvar high-efficiency Boiler (4 years old), a large stainless steel hot water heater, and a spacious laundry room with coin operated services. Electrical panels have been upgraded throughout the building (11 years ago, ESA 2022). This building produces just shy of 100k net income yearly and with the operating CAP rate over 9% (Investment ProForma Available). Furthermore, the flexible RMU-30 zoning suggests there could be further densification for this property, either through an addition, an additional dwelling unit, or redevelopment. The irregular lot measures at .19 acres and currently allows for a large backyard for tenant enjoyment and also accommodates a parking lot with 7 spaces rented at $65 per space. This property provides excellent income, a fantastic location and long-term upside potential. Yearly Fire Inspections (2026) - Fully tenanted with leases in place until September 2029. (id:58753)

Listing By: JOHN BENJAMINS - BENJAMINS REALTY INC. cncrea2 Realty.com
  • MLS® 40835812
  • Date Listed06/02/2026
  • Days on Realty 4 Days
  • Bedrooms 11
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision 415 - Uptown Waterloo/Westmount
  • Property Type Triplex
  • Water Public
  • Square Feet 3,573 sq. ft
  • Price Per Sq. Ft $352.62

Interior Features

  • Appliances Window Coverings
  • Cooling None
  • Heating Radiant heat

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Paved driveway, Laundry- Coin operated

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2J3B1

Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.

Walkability in ON / N2J3B1

Source: Walk Score

93/100

Walker's Paradise

Walk Score ®

64/100

Good Transit

Transit Score ®

89/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

16 nearby routes: 15 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 43/100, Bike Score: 62/100.

Points of Interest near 119 REGINA Street N, Waterloo, ON N2J3B1

Frequently Asked Questions for 119 REGINA Street N

Source: Realty.com

119 REGINA Street N, Waterloo, ON N2J3B1 in 415 - Uptown Waterloo/Westmount, Waterloo, ON N2J3B1 is a triplex listed at $1,259,900. Highlights include 11 bedrooms, 3 bathrooms, 3,573 sq. ft., $353 per sq. ft.. Realty.ca has 47 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 47 photos of 119 REGINA Street N.

The full address for this home is 119 REGINA Street N, Waterloo, ON N2J3B1.

119 REGINA Street N has been listed on Realty.com since Tue June 02, 2026

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 43/100, Bike Score: 62/100.

Listing provided courtesy of: BENJAMINS REALTY INC.
Listing agent: JOHN BENJAMINS

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