146 Weber Street
Kitchener, ON
- 0.37 sqft
- Investment
- 366 days on market
Exceptional 12-unit multifamily investment opportunity in the heart of Waterloo. Situated on a 0.37-acre site, this well-maintained red brick building features a suite mix of 1 one-bedroom and 11 two-bedroom apartments, complemented by a surface parking lot at the rear of the property. Many units have been thoughtfully renovated with modern finishes, including new vinyl flooring, stainless steel appliances, and updated bathroom fixtures, offering tenants a comfortable and contemporary living experience. The property is fully occupied, providing investors with immediate in-place income. Located along Weber Street North, residents benefit from excellent connectivity and proximity to key amenities. The property is minutes from Wilfrid Laurier University, and the University of Waterloo. Nearby, tenants enjoy easy access to grocery stores, shopping centres, restaurants, and parks, while public transit, including the ION LRT, ensures convenient travel across Kitchener-Waterloo. Highway 85 is also close by, providing quick access to Highway 401 and the broader region. This is a strong, income-producing asset in one of Ontario's fastest-growing cities, well-positioned for long-term appreciation.
Listing Details
- Taxes (2025)
- $32,626
- Listed
- September 2, 2025
Price History
Property
- Lot Size
- 120 x 133 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Weber St N & Lincoln Rd
- Zoning
- EMU-20
- Parcel Number
- 223570022
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 6 To 12 Units
Community
Postal area N2J
- Population
- 20,899
- Private dwellings
- 10,672
- Median age
- 36.8
- Average household size
- 2.2
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,930
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,930 recorded sales of commercial properties in Kitchener over the last 12 months.
Listed by
COLLIERS
Commercial figures
- Annual property tax
- $32,626
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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