$ 568,000
148 Weber Street N Unit# A
Front exterior of a brick house with white siding and a white front door. - 148 Weber Street N Unit# A, Waterloo
10 Photos
Kitchen with white cabinets, a white stove, stainless steel refrigerator, and light wood floors. - 148 Weber Street N Unit# A, Waterloo
Bedroom with a twin bed, white desk, black chair, and a window overlooking trees. - 148 Weber Street N Unit# A, Waterloo

4-Plex Near Laurier with New Kitchen & 5 Bedrooms

Property details for 148 Weber Street N Unit# A, Waterloo

Type
Residential
Style
Other
Bedrooms
4
Bathrooms
2
Living Area
1,408 square feet
Stories
2
Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick, Aluminum siding
Ownership
Freehold
Annual Taxes
$4,905

This is a rare find: a legal 4-unit multiplex in central Waterloo, but currently set up as a single-family home with 5 bedrooms above grade. Photos show the main floor has two bedrooms and a 3pc bath, while the upper level has three more bedrooms and a 4pc bath. There's also a full finished basement with its own kitchen and living room, making it easy to convert back to a separate unit. The whole place has been refreshed with a new kitchen (white cabinets, stainless steel fridge), new roof, AC, and furnace. You can see from the pictures it's in good shape, with wood-look flooring throughout and lots of natural light in the bedrooms. Exterior is brick and siding, with a storage shed in the backyard. Location is key here: you're a 10-minute walk to Wilfrid Laurier and Conestoga College, and a quick bus ride to UW. Burrito Boyz is just 0.8 km away, and Huether Hotel is 0.9 km. The layout is a bit quirky - some of the bedrooms are small (one is 8'4 x 10'2), but for a student rental or investment property, it works. With 4 parking spots and a fenced yard, it's got real potential. Priced at $568,000, well below the area median, and the investment score is 85/100. Taxes run $4,888 a year.

About 148 Weber Street N Unit# A, Waterloo — Property Score

74
Strong Investment Well Priced Great Location
Score: 74/100
Value
83
Priced 23.8% below area median of $745,000 based on 3 comparable properties nearby 100
$563/sqft - 20.6% below the $709/sqft area median 100
Stable pricing - no price changes since original listing date 50
Size
59
1,008 sqft - 34% less space than similarly priced homes (1,527 sqft median) 33
5 bedrooms - 2 more than similarly priced 3-bedroom homes nearby 84
2 bathrooms - typical for similarly priced properties 60
Location
79
$46K median household income - below the Canadian average of $70K 53
93% of residents hold postsecondary credentials - a highly educated neighbourhood 99
45% homeownership rate - a renter-majority neighbourhood 62
79% of residents commute under 30 minutes - excellent commuter accessibility 94
1,890/km² population density - a well-balanced suburban area 89
Market
61
Just listed - area average is 29 days on market 100
-1.6% median price change over 1 month - stable pricing in the area 42
58.8 months of housing supply - 235 active listings with 4 sold last month (buyer's market) 40
Features
73
4-car parking - area average is 4.6 spots 95
Finished, Full basement - adds valuable living space 85
efficient gas forced air heating 80
Central air conditioning - whole-home cooling 90
Built in 1958 (68 years old) - established home with character, older than the area average (1988) 35
No premium extras like pool, waterfront, or view 50
Investment
85
0.86% effective tax rate ($4,888/yr) - below the Canadian average of ~1% 74
55% renter population - strong rental demand in this area 96
Quality
75
Updated kitchen and finished basement add value 75
Durable brick exterior with aluminum siding accents 70
Recent roof, AC, and furnace replacements ensure comfort 85
Central air conditioning and natural gas heating 70
Condition
65
Well-maintained brick facade and siding 75
Basic landscaping with grass and some shrubs 50
Clean brickwork and welcoming entrance 70
Listing
80
Listing description quality 80
10 photos provided - below the area average of 39 photos 75
6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

This 5-bed, 2-bath property in Waterloo offers excellent value at $568,000, significantly below the area median of $745,000. Key upgrades include a new roof, AC, and furnace, alongside a recently updated kitchen and finished basement, enhancing its appeal for investors and students alike.

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.

Full Listing Description

All Property Details

Neighbourhood Census Data

Waterloo, Ontario

Population
421
Median Age
27.5
Median Income
$20,544
Dwelling Value
$289,236

Housing Tenure

Owners 45%
Renters 55%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 1,890.4/km²
Avg Shelter Cost: $889/mo
Owners with Mortgage: 38.9%
Owners Spending 30%+: 29.4%
Tenants Spending 30%+: 50%
English only: 88.2%
English and French: 9.4%
Neither: 1.2%
Median Household Income: $45,952
Median Employment Income: $15,936

Price History

Contact Agent Get in touch about 148 Weber Street N Unit# A, Waterloo

Su Chang
RED AND WHITE REALTY INC.

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Comparison of 148 Weber Street N Unit# A, Waterloo, ON with Nearby Homes

Photo Gallery - 148 Weber Street N Unit# A, Waterloo

Bedrooms

This bedroom features a single bed with a pink mattress, a white desk with a black chair, and a window overlooking trees. The room has wood-look vinyl flooring and beige walls.

Mixed single bed with pink mattress white desk black chair

A simple bedroom with a single bed, desk, and chair, featuring a window with grey curtains and wood-look flooring.

Original single bed blue bedding white desk

A bedroom with a twin bed, a white desk with a hutch, and a black chair are present, along with a large window overlooking trees.

Mixed twin bed with storage drawers desk with hutch chair

A bedroom featuring a bed with storage drawers, a white desk, and a black folding chair.

Modern bed with storage drawers white desk black folding chair

Exterior

A front view of a two-story brick and white-sided house with a paved walkway and steps leading to the front door.

Original brick exterior white siding white front door

Kitchen

A modern kitchen with white cabinets, stainless steel appliances, and wood-look flooring.

Modern stainless steel refrigerator white cabinetry double sink

Bathrooms

A bathroom with a toilet, sink, and bathtub visible, with a window overlooking greenery.

Mixed toilet sink bathtub

Other

A small room with a ventilated storage rack and textured ceiling.

Renovated ventilated storage rack painted walls textured ceiling

Backyard

A modern grey storage shed with double doors and ventilation is situated in a backyard with a grass lawn and a wooden fence.

Modern storage shed double doors ventilation window

Laundry

A laundry room with a water heater, washer, dryer, and an electrical panel.

Original water heater washing machine dryer
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