$940,000
$899,900
4.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3 Baths
SOLD DATE : 04/13/2026
Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3000-3500
MLS Listing ID X12888118
Sold Date 04/13/26
Style 2-Storey
Bedrooms 8
Annual Tax Amount $6,499
Tax Year 2025
Property Sub-Type Triplex
Property Description
Opportunities like this don't come around often. Welcome to 118 Chandler Drive, a well maintained legal purpose built triplex tucked into a quiet, family friendly Kitchener neighbourhood. Whether you're an investor looking for a stable income producing property or a family searching for a home that allows multiple generations to live together while building long term wealth, this property offers the perfect blend of comfort, flexibility and future potential. Large windows fill each unit with natural light, while practical layouts create homes that feel open, comfortable and highly functional for everyday living. The units feel spacious, making them especially attractive for long term tenants and growing families. Several key updates have already been completed, including unit renos in recent years, a new roof new hot water tank providing confidence in the condition of the property while allowing the next owner to focus on maximizing its potential. There's also coin operated laundry, offering an additional revenue stream with minimal effort. What truly sets this property apart is the opportunity for future growth. The generous lot and rear yard space invite buyers to imagine the potential of adding a 4th unit, possibly an Accessory Dwelling Unit in the backyard. For investors, this could significantly increase cash flow and overall property value. For multi generational families, it creates the possibility of a private living space for parents, adult children or extended family while still being close by. Location is another major advantage. The property is conveniently located near schools, parks, shopping, public transit and major commuter routes, making it highly appealing for both tenants and homeowners. Ample parking and a spacious lot add to its practicality. Whether you're building your investment portfolio or creating a home where multiple generations can thrive together, 118 Chandler Drive offers stability today and exciting possibilities for the future.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room Yes
Basement Walk-Out, Walk-Up, Separate Entrance, Full, Apartment
Kitchen 3
Interior
Interior Features Other
Cooling Other
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 53.0
Lot Depth 150.0
Total Parking Spaces 6
Building
Foundation Concrete
Others
Senior Community No
ParcelsYN No
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