$ 993,750 $995,900
115 Marlborough Avenue
VT
University

115 Marlborough Avenue

Triplex
Kitchener, Ontario N2M 1H7
4+1 3 2+1 3+4(7) 2000-2500 sqft
4+1 3 2+1 3+4(7)
2000-2500 sqft
$ 993,750
Sold
$ 995,900 Down -0.22%
Taxes $5,295 2024
Maintenance Contact Agent
Estimated Monthly Mortgage $2579
Estimated Closing Costs $--
University

History

MLS®# X12297553

MLS®# X12297553

2025.08.01 Sold (-$2,150) $993,750
2025.07.30 Sold Cond. $995,900
2025.07.21 New $995,900

Details

Interior Rooms
MLS®#
copy
Type
Triplex
Style
2-Storey
Age
51-99
Size (sqft)
2000-2500
Lot Size
54 × 124 Feet
Parking
7 Total Parking Spaces
3 Detached Garage
4 Parking Spaces
Last Update
2025-11-20
Possession Date
Flexible as tenants move out early Aug.
Listing Date
2025-07-21
Basement
Full, Separate Entrance
Fireplace
N
Heating
Gas
Pool
None
Air Conditioning
Window Unit(s)
Broker
RE/MAX Real Estate Centre Inc
Room(s) Stories
Length x Width ( Size )
Descriptions
Kitchen Second
7.6ft x 14.4ft (109.9 ft2 ) 2.33m x 4.38m (10.2 m2 )
Living Room Second
13.5ft x 16.8ft (228.1 ft2 ) 4.13m x 5.13m (21.2 m2 )
Bedroom Second
11.6ft x 12.9ft (149.8 ft2 ) 3.54m x 3.93m (13.9 m2 )
Bedroom 2 Second
11.6ft x 12.6ft (146.3 ft2 ) 3.54m x 3.84m (13.6 m2 )
Bathroom Second
Contact Agent
Kitchen Ground
5.8ft x 11.8ft (68.4 ft2 ) 1.76m x 3.61m (6.4 m2 )
Dining Room Ground
11.8ft x 10ft (118.1 ft2 ) 3.61m x 3.04m (11 m2 )
Living Room Ground
12ft x 17ft (205 ft2 ) 3.67m x 5.19m (19 m2 )
Bedroom Ground
13.9ft x 11.6ft (162 ft2 ) 4.24m x 3.55m (15.1 m2 )
Bedroom 2 Ground
11.6ft x 14.1ft (163.8 ft2 ) 3.54m x 4.3m (15.2 m2 )
Bathroom Ground
Contact Agent
Kitchen Basement
14ft x 14.4ft (200.8 ft2 ) 4.26m x 4.38m (18.7 m2 )
Living Room Basement
13.2ft x 16.6ft (219.5 ft2 ) 4.03m x 5.06m (20.4 m2 )
Bedroom Basement
11.3ft x 13.4ft (151.1 ft2 ) 3.44m x 4.08m (14 m2 )
Bathroom Basement
Contact Agent
Laundry Basement
10.8ft x 14.2ft (153.8 ft2 ) 3.3m x 4.33m (14.3 m2 )

About

Purpose-Built Triplex in the St. Marys Hospital Neighbourhood! This upgraded triplex backs directly onto Admiral Park with convenient park access, offering exceptional income potential in a highly desirable location. Purpose-built and thoughtfully designed, the property features two spacious 2-bedroom units, each with private entrances, as well as a bright and generously sized 1-bedroom lower unit with abundant natural light. The upper unit also features a walkout balcony, adding to its appeal. Each unit is separately metered for hydro, with an additional common meter and a shared laundry facility to streamline operations. All units will be vacant on closing, providing the flexibility to set market rents and maximize returns from day one. A unique feature of this property is the three elongated single car garages, one dedicated to each unit, along with a loft area that offers additional income potential. There is also parking for approximately seven vehicles, offering excellent convenience for tenants or future owners. Recent upgrades include updated flooring, select plumbing improvements, roof shingles on the main building (2021), and a new garage roof (2024), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is a strong income generator in a thriving neighbourhood. With significant upgrades already completed and all units ready for occupancy, this is a low-risk, high-reward investment opportunity with lasting potential. Appliances

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $5,295 2024 year

Schools

JK - Grade12 University/College

Elementary (JK-G8)

Fraser Rank(2018) 2588 / 3052 English
English
Fraser Rank(2018) 2805 / 3052 Catholic English
Fraser Rank(2018) 2657 / 3052 Catholic English
Fraser Rank(2018) 2211 / 3052 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 559 / 747 Secondary English
Fraser Rank(2023) 238 / 747 Secondary Catholic English AP
Fraser Rank(2023) 367 / 747 Secondary Catholic English AP
Fraser Rank(2023) 86 / 747 Secondary Catholic English AP
McMaster University - Waterloo Regional Campus 1.8 km
10B Victoria Street South, Kitchener ON N2G 1C5 Canada
(519)885-5426ext2110
University of Waterloo - Kitchener - Pharmacy 1.9 km
10A Victoria St. S., Kitchener, Ontario, Canada N2G 1C5
(519)888-4499

Neighbourhood

Groceries
T&T Supermarket 3.6 km
50 Westmount Road, Waterloo, ON

Book Showing

Select Date
Name is too short or empty!
Please enter a valid email address!
Please enter a valid phone number!
Call Now