
7 Balmoral Drive
Kitchener, ON
5 bed • 1 bath • 2,076 sqft • Investment • 223 days on market
Purpose-Built Triplex in the Belmont Village, Waterloo High Tech Hub!! This upgraded triplex in a quiet and desirable neighborhood steps from KW's high-tech community, 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 and middle units also feature a walkout balcony, adding to their 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. There is also parking for approximately 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 (2019), ensuring low ongoing maintenance and long-term value. Ideally located near transit, parks, hospitals, and major amenities, this triplex is VACANT and a strong income generator in a thriving and desirable neighbourhood. Don't miss this is low-risk, high-reward investment opportunity with lasting potential!
Listing Details
- Taxes (2025)
- $6,661
- Listed
- January 9, 2026
Price History
Listing history
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Property
- Age
- 51-99
- Lot Size
- 57.21 x 120 Feet
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Balmoral Drive and Brandon Ave
- Zoning
- Triplex - residential
- Possession
- Flexible
Commercial
- Business Type
- Apts - 2 To 5 Units
- Occupancy
- Tenant
Community
Postal area N2M
- Population
- 36,494
- Private dwellings
- 16,113
- Median age
- 36.4
- Average household size
- 2.3
- Median household income
- $71,500
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
- 1,931
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,931 recorded sales of commercial properties in Kitchener over the last 12 months.
Listed by
UPPERSIDE REAL ESTATE LIMITED