$525,000
Waterloo
113 CHURCHILL Street, Waterloo, Ontario, N2L2X1
This multi-family property in Waterloo is for sale offering roughly 1,453 sq ft of space. It has been on the market 21 days, fresher than the Waterloo average of 67 days.
Over $3100 of monthly gross income available here! Discover a rare opportunity in Waterloo's sought-after Beechwood/University district-a fully licensed 5-bedroom freehold (no condo fees) townhouse that's been thoughtfully modernized and maintained - ideal for today's parent-buyers and savvy investors. Perfectly positioned to target University of Waterloo students, 113 Churchill offers the ideal blend of location, lifestyle, and long-term value. Whether you're securing a safe, comfortable home for your university-bound child or adding a high-performing asset to your portfolio, this property stands out from the rest. Inside, you'll find a custom, modern Heart & Home kitchen-a rare upgrade in this neighbourhood-paired with modern vinyl plank flooring throughout the main and second levels. A beautifully updated four-piece bathroom with a Maax one-piece tub surround, fresh finishes, and a functional layout create a bright, welcoming environment for students and young professionals alike. Five furnished bedrooms provide flexibility for parent-buyers who want their child to live with friends, while investors will appreciate the licensed (City approved) layout. Major capital improvements-including a Payne high-efficiency furnace (2015), new roof (2016), new windows (2016), and a new water heater (2024) water heater-deliver peace of mind for years to come. The basement features a convenient two-piece bath, laundry area, and access to the single-car garage. Outside, a private backyard offers space to unwind, study, or gather with friends. With the ability to provide vacant possession, this home is move-in ready for September or January intakes-an exceptional advantage for parent-buyers navigating tight timelines. A modernized, licensed, turnkey 5-bedroom home in one of Waterloo's most reliable student corridors-113 Churchill is the opportunity you've been waiting for. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 5-bed multi-family in Waterloo has been listed for 21 days, which is 46 days fresher than the city average of 67. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $525,000, about 7.6× the local median household income of $69,500.
Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 48% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2L)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.