Frontage
Kitchen
Living room
Bedroom
Dining room
Bathroom
Living room
Kitchen
Kitchen
Kitchen
Living room
Bedroom
Bathroom
Bedroom
Bedroom
Bedroom
Bathroom
Bedroom
Kitchen
Kitchen
Office
Bedroom
Bedroom
Bathroom
Storage
Hallway
Parking
Aerial photo
Aerial photo
Aerial photo
Aerial photo
Aerial photo

621 - 627 Rue Eastern, Waterloo, QC J0E
MLS: 17603631

$389,000 |

Residential Units

5 1/2 x 4 1/2 x 3 1/2 x 5 1/2

Potential gross revenue

$28,572

Total number of rooms

5

Bedroom(s)

3

Bathroom(s)

1

Number of units

4

Description

Well-maintained 4-plex generating stable income with reliable tenants in place. Situated on a large lot with the possibility of subdivision and additional construction, conditional upon municipal approval. Numerous renovations completed in recent years. Double-size garage and ample basement storage space. A solid, turnkey investment offered at a competitive price. Schedule your visit today! See ADDENDUM.

Discover this well-maintained 4-plex offering strong,
reliable income and outstanding future potential. Situated
on a generously sized lot, this property presents a rare
opportunity for added value -- with the possibility of
subdividing and building an additional structure,
conditional upon municipal approval.

The building has benefited from numerous renovations in
recent years, ensuring long-term durability and reduced
maintenance concerns for the next owner. A double-size
garage provides excellent utility and additional rental or
storage potential, while the spacious basement offers
abundant storage space for tenants.

With stable, reliable tenants already in place, this is a
turnkey investment delivering immediate income and
long-term growth potential. Offered at a competitive price,
this solid multi-family property is an excellent addition
to any real estate portfolio. Schedule your visit today!

DESCRIPTION:

- The neighbor rents a part of the garage for 75$ per month
- All 4 units have renewed their lease Until June 30th, 2027
- The rent for 621 come July 1st 2026 will be 593$ per month
- The rent for 623 come July 1st 2026 will be 623$ per month
- The rent for 625 come July 1st 2026 will be 583$ per month
- The rent for 627 come July 1st 2026 will be 628$ per month


PROXIMITY:

- Close to highways 112, 241
- Less than 5 minutes by car to daycares: Centre de la
Petite Enfance Buissonnière, Centre de la Petite Enfance
Les Jeunes Pousses Inc, Espace Familles Waterloo et région
- Less than 5 minutes by car to primary schools: École
primaire anglophone de Waterloo, École de
l'Orée-des-Cantons, École Wilfrid-Léger
- 3 minutes by car to Metro grocery store
- Several parks nearby

Type Quadruplex
Style Detached
Dimensions 6.98x21.32 M
Lot Size 1312.3 MC

Municipal Taxes (2026) $ 5396 / year
School taxes (2026) $ 175 / year

Proximity Daycare centre, Elementary school, Highway, Park - green area
Sewage system Municipal sewer
Water supply Municipality
Zoning Residential

621 - 627 Rue Eastern, Waterloo, QC J0E

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