22 James St is a 10-bedroom, 5-bathroom fourplex in Waterloo, listed for $1,599,000. It has 2500-3000 sq ft of living space.
1Discover an exceptional investment opportunity in a vibrant Waterloo neighbourhood.
2The property comprises five self-contained apartments with a total of 10 spacious bedrooms and 5 full kitchens, making it an ideal addition to any investment portfolio.
Discover an exceptional investment opportunity in a vibrant Waterloo neighbourhood. This multiplex offers strong, dependable cash flow with over $80K in annual gross rental income, while providing excellent potential for future rental growth. The property comprises five self-contained apartments with a total of 10 spacious bedrooms and 5 full kitchens, making it an ideal addition to any investment portfolio. Offering peace of mind for both owners and tenants, the building is equipped with a hard-wired fire alarm system throughout all units and common areas. Positioned in a prime location just steps from Wilfred Laurier University, University of Waterloo, Conestoga College and vibrant Uptown Waterloo, the property benefits from consistent demand from students, faculty, and young professionals alike. Residents enjoy convenient access to the ION Light Rail, Waterloo Park, shopping, grocery stores, cafés, restaurants, fitness centres, entertainment venues, and the region's thriving technology corridor, home to many of Canada's leading employers. This property offers a compelling opportunity to increase revenue over time while benefiting from long-term appreciation. Whether you're expanding an established portfolio or acquiring your first multi-residential asset, this turnkey investment combines immediate income, future upside, and an unbeatable location.
10 bedrooms, 5 bathrooms, about 2,500 sq ft, works out to roughly $640 per square foot. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.
Inside 22 James St
Every detail from the listing, in one place.
Type
Fourplex
Style
2-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Apartment
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Apartment
Lot & land
Lot size (sqft)
6824.31
Listing & possession
Property style
2-Storey
Property class
Fourplex
22 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® X14163818$1,599,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 22 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
$7,855
/mo
based on the purchase price of $1,599,000
$319,800 cash
$1,279,200 financed
$1,077,422 total interest
Principal54%$1,279,200
Interest46%$1,077,422
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.
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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.
Similar homes for sale nearby in Waterloo
Other 19-bed homes for sale in Waterloo around $1.6M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.2%On average, homes sold at or above asking.
Active listings385Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 14 – Aug 12, 2026: prices down.
Based on 414 sales from Aug 12 – Nov 10, 2026 (314 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 22 James St
How much is 22 James St listed for?
22 James St is listed at $1,599,000 (MLS® X14163818). Summitly updates the price as soon as the MLS® record changes.
Is $1,599,000 a good price for 22 James St?
Summitly rates it Above Market: the asking price is 5% to 15% above 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 22 James St changed?
No — 22 James St is still listed at its original asking price of $1,599,000.
How many bedrooms and bathrooms does 22 James St have?
22 James St has 10 bedrooms and 5 bathrooms, with about 2,500–3,000 square feet of living space. It is a fourplex in Waterloo.
How much would the monthly mortgage be on 22 James St?
About $7,855 a month — principal and interest on $1,599,000 with 20% down ($319,800), 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 22 James St compare with other homes in Waterloo?
Its asking price of $1,599,000 is about 128% above the median sold price in Waterloo over the last 90 days, $702,457, across 414 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 22 James St been sold before?
Summitly has no earlier MLS® sale or lease of 22 James St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 22 James St?
22 James St is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 22 James St been on the market?
1 day — 22 James St was listed on November 9, 2026.
What is the price per square foot of 22 James St?
About $533 to $640 per square foot: the asking price of $1,599,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 22 James St have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 22 James St have a basement, and is it finished?
