28
  • X12315782
  • MLS® Number
  • Property Type
  • Multiplex, Residential
  • Acres
  • Land Area
  • 28
  • Bedrooms
  • 17
  • Bathrooms
  • Sqft
  • Area Size

275-279 Herbert Street, Waterloo, ON N2J 1V3

  • $3,650,000

Description

Welcome to 275, 277, and 279 Herbert Street in Waterloo – an outstanding turnkey purpose-built three Building Apartment complex nestled in one of Waterloos sought-after neighbourhoods. This investment opportunity features two 6-plex buildings and one 5-plex building, offering a total of 17 fully leased units with a solid rental history and strong income potential. Located within walking distance to Grand River Hospital (now known as Waterloo Regional Health Network at Midtown), multiple LRT stops, a variety of shops, cafes, and popular restaurants, this well-maintained property blends urban convenience with long-term investment stability. Residents enjoy easy access to public transit, parks, schools, and Waterloos vibrant core – making this an attractive address for Tenants of all ages. The unit mix features one Bachelor Unit, six One-Bedroom Units, nine Two-Bedroom Units, and one Three-Bedroom Unit. Each Building has been well maintained, and each is equipped with on-site Laundry facilities for Tenant convenience, and the property includes a detached Garage with four rentable parking spaces, providing additional monthly income. This is a turn-key investment with low vacancy rates, reliable Tenants, and a steady cash flow with great potential for future value appreciation, all located in a thriving and growing City known for its flourishing Tech industry and Universities. Whether you’re a seasoned Investor, new to Multi-Residential ownership, or looking for a possible future Redevelopment opportunity, this property offers the perfect blend of location, stability, and upside. Don’t miss your chance to own a strategic income-generating asset in the ever-expanding Waterloo market.

Details

MLS® Number X12315782
28 Bedrooms
17 Bathrooms
Updated on July 31, 2025 at 6:46 pm

Additional details

  • Roof: Shingles
  • Sewer: Sewer
  • Cooling: Other
  • County: Waterloo
  • Property Type: Residential
  • Pool: None
  • Architectural Style: Other

Address

  • Address: 275-279 Herbert Street
  • City: Waterloo
  • State/county: ON
  • Zip/Postal Code: N2J 1V3

Contact Information

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