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334 King Street N
Waterloo Waterloo N2J 2Z2

$2,299,000 /For Sale
Commercial

Main Photo: 334 King Street N in Waterloo: Commercial for sale : MLS®# X12668528
Photo 1: 334 King Street N in Waterloo: Commercial for sale : MLS®# X12668528
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12668528
Bus Major:
Apts - 2 To 5 Units
Welcome to 334 King St N in Waterloo! Fantastic Investment Opportunity. Licenced built tri-plexwith student rentalwith 15 bedrooms, One 3 piece and One 4 piece bath per unit. Heart of Uptown Waterloo, short walking distance to the University of Waterloo, Laurier and Conestoga College's Waterloo Campus!! Purpose-Built in 2008 student rental currently generating NOI of over $117,000, offering an impressive 5.1% cap rate.Vendor Take-Back (VTB) financing is available for qualified purchasers. The Property Features a Finished Basement unit, with a Workshop, Server Room, Laundry (Coin) Room and Office. Four Parking Spots at the Rear. Each unit is separately metered for Gas and Water. rare opportunity to own a secure, stylish, and ideally located Investment in one of Kitcheners most sought-after neighborhoods.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
6103 sq. ft. Square Feet
Total Area:
6,103.01 sq. ft.
Office/Apt Area:
4287 sq. ft. Sq Ft
Lot Depth:
122'2"
Lot Frontage:
50'
Bathrooms:
7.0
Water supply:
Municipal
Zoning:
GR
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
4
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$16,987.13 / 2025
Assessment:
$- / -
Waterloo
Waterloo
Public Transit
Water Heaters
4 refrigerators, 4 stoves, Coin operated Washer and Dryer, 4 Microwave Hood Range, 4 Furnaces, 3 AC units, Water Softeners, 4 Water heaters
None
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Expenses Actual/Estimated:
Actual
Year Expenses:
2025
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Franchise:
No
Chattels:
Yes
Date Listed:
Jan 06, 2026
Original Price:
Previous Price:
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Listed by RE/MAX REALTRON REALTY INC.
Data was last updated January 11, 2026 at 06:15 AM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

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When evaluating apartment buildings for sale, consider:

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.