01/Source
Source the field
Active listings, private agent opportunities, professional referral sources, broker websites, off-market outreach, and long-held owner relationships feed one deal pipeline.
Kitchener, Waterloo, Cambridge, Guelph
Buy and sellmultifamily withclarity and confidence.
We underwrite the multifamily market so you don't have to.
We help investors and owners evaluate, price, acquire, and sell multifamily properties across Kitchener, Waterloo, Cambridge, and Guelph with disciplined underwriting, local market intelligence, and the Reitzel Score.
What We Do
A clearer way to find the right multifamily opportunities.
A local market cycle can produce dozens of active, private, and owner-led multifamily opportunities. We source the field, normalize the numbers, score the fundamentals, and focus investor attention on the few deals worth a serious look.
02/Underwrite
Normalize the numbers
We review rent roll, expenses, debt support, CMHC / MLI Select potential, capital needs, rent upside, and stabilized NOI using consistent assumptions.
03/Score
Apply the Reitzel Score
We score each opportunity across six underwriting lenses so the strongest files rise to the top before deeper diligence begins.
04/Match
Match investor fit
The strongest opportunities are matched to qualified investors by buy box, capital, financing path, strategy, and timing.
How We Underwrite
The Reitzel Score
The Reitzel Score helps us filter active multifamily opportunities with the same lens every time, so investors can quickly understand what deserves a serious look and what still needs to be verified.
Six scoring lenses
Financeability
01
Can the asset support efficient debt?
Income Upside
02
Is there real NOI lift?
Entry Basis
03
Are we buying with room to win?
Downside Protection
04
What happens when assumptions miss?
Exit Liquidity
05
Can it lease, finance, operate, and sell?
File Confidence
06
How reliable is the package?
Same Deal Lens
Every opportunity is reviewed through the same underwriting framework, so active listings, private leads, and owner-led conversations can be compared on deal fundamentals instead of listing hype.
Short List Discipline
The score helps identify which properties deserve deeper underwriting, source-document review, and investor attention before time is spent chasing the wrong deals.
Score First, Match Second
The Reitzel Score ranks the property and deal fundamentals. Final fit still depends on diligence, financing confirmation, strategy, timing, and investor buy box.
Market Intelligence
The daily read on multifamily in Waterloo Region.
Track cap rates, price per door, rents, vacancy, pricing movement, and local investment conditions across Kitchener, Waterloo, Cambridge, and Guelph before reviewing individual opportunities.
CMHC RMS 2025 / Colliers Q4 2025
Kitchener
Market snapshot
KWC CMA benchmark
Cap band
4.0-5.5%
Price / door
$225-518K
2BR rent
$1,832
Vacancy
4.1%
Sources: CMHC RMS 2025 / Colliers Q4 2025 / Reitzel underwriting
Waterloo
Market snapshot
KWC CMA benchmark
Cap band
4.0-5.5%
Price / door
$225-518K
2BR rent
$1,832
Vacancy
4.1%
Sources: CMHC RMS 2025 / Colliers Q4 2025 / Reitzel underwriting
Cambridge
Market snapshot
KWC CMA benchmark
Cap band
4.0-5.5%
Price / door
$225-518K
2BR rent
$1,832
Vacancy
4.1%
Sources: CMHC RMS 2025 / Colliers Q4 2025 / Reitzel underwriting
Guelph
Market snapshot
Guelph CMA benchmark
Cap band
4.25-5.75%
Price / door
$260-425K
2BR rent
$1,802
Vacancy
3.1%
Sources: CMHC RMS 2025 / Reitzel underwriting
Tri-City Real Estate Investor Club
Monthly Meetups. Since 2016.
Since 2016, Kurtis and Matt Reitzel have hosted monthly gatherings where Waterloo Region investors compare notes, share opportunities, make useful introductions, and build the local relationships that help them move faster together.
2016
Est.
100+
Past events
4.8/5
Meetup rating
750+
Members
How To Engage
If this sounds useful, we would love to hear from you.
Tell us what you are trying to do, what kind of building or opportunity you are thinking about, and how we can help.