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7 Balmoral Drive

7 Balmoral Drive

Kitchener, ON

5 bed • 1 bath • 2,076 sqft • Investment • 223 days on market

$949,000

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

Location

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