$91,000+ Gross Annual Income Available Here! Rare University District Triplex with Strong Income and Future Upside! Opportunities like this are increasingly difficult to find in Waterloo's highly sought-after rental market. Located on a cul-de-sac that is about a one minute walk to Wilfrid Laurier University's Science Building and a quick e-scooter ride to University of Waterloo, this Money Maker is also in close proximity to all amenities that make Waterloo great (Uptown Waterloo with its boutiques and bars). This City approved, rental licensed building offers investors an exceptional combination of location, income, and long-term potential. The property features three self-contained units with a desirable mix of two 3-bedroom units and one 5-bedroom unit, for a total of 11 bedrooms. Combining the charm and character of a century home with a purpose built addition, this property features spacious layouts, generous bedroom sizes, in-suite laundry, and ample on-site parking for up to six vehicles - note both the independent driveway as well as surface parking. With strong Day One cash flow, future turnover may offer investors opportunities to further optimize rents and improve returns. Separate hydro and gas meters create additional expense-management possibilities. At the property, look up and note the institutional-quality developments across the street and at the corner. The property's RMU-30 zoning while being surrounded by undeveloped homes may also merit future consideration for redevelopment or intensification. I have owned property on this street - and you should too. Whether you're an experienced investor looking to expand your portfolio, a first-time multi-residential buyer seeking a foothold in Waterloo's resilient rental market, or a parent investor planning ahead for university housing needs (send your kid to school and make money), 19 James Street presents a compelling opportunity in one of the City's most desirable locations.
11 bedrooms, 4 bathrooms, about 2,500 sq ft, works out to roughly $500 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 19 James St
Every detail from the listing, in one place.
Type
Triplex
Style
Other
Living space
2500-3000 sq ftas stated on the listing
Parking
6 spaces
Basement
Partially Finished
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
0.15
Listing & possession
Property style
Other
Property class
Triplex
19 James St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14092196$1,249,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 19 James St Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,140
/mo
based on the purchase price of $1,249,900
$249,980 cash
$999,920 financed
$842,195 total interest
Principal54%$999,920
Interest46%$842,195
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 19 James St
Homes for sale in Waterloo
Every active Waterloo MLS® listing, updated all day.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings404Homes for sale here right now.
Median vs prior 90 days−3.8%Compared with Apr 29 – Jul 28, 2026: prices down.
Based on 436 sales from Jul 28 – Oct 26, 2026 (305 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
19 James St is listed at $1,249,900 (MLS® X14092196). Summitly updates the price as soon as the MLS® record changes.
Is $1,249,900 a good price for 19 James St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 19 James St changed?
No — 19 James St is still listed at its original asking price of $1,249,900.
How many bedrooms and bathrooms does 19 James St have?
19 James St has 11 bedrooms and 4 bathrooms, with about 2,500–3,000 square feet of living space. It is a triplex in Waterloo.
Is 19 James St close to transit?
The nearest rapid-transit station is Waterloo Public Square Station (ION), about 890 m (about a 11-minute walk) in a straight line. Laurier - Waterloo Park Station is about 1.0 km (about a 13-minute walk), and Willis Way Station is about 1.1 km (about a 14-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 19 James St?
About $6,140 a month — principal and interest on $1,249,900 with 20% down ($249,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 19 James St compare with other homes in Waterloo?
Its asking price of $1,249,900 is about 82% above the median sold price in Waterloo over the last 90 days, $687,500, across 436 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 19 James St been sold before?
Summitly has no earlier MLS® sale or lease of 19 James St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 19 James St?
19 James St is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 19 James St been on the market?
7 days — 19 James St was listed on October 19, 2026.
What is the price per square foot of 19 James St?
About $417 to $500 per square foot: the asking price of $1,249,900 over the 2,500–3,000 sq ft the listing gives as its size range.
