275-279 Herbert Street,Waterloo, ON N2J 1V3
Waterloo, ON N2J 1V3
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 # | X12315782 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 100 |
| Listing Provided By | ROYAL LEPAGE WOLLE REALTY | X12315782 356100 |
Features
| Bed(s) | 28 |
|---|---|
| Bath(s) | 17 |
| Garage | 4 |
| Basement | Y |
| Acreage | 1.03 |
Interior
| Interior Features | Water Softener, Water Heater Owned |
|---|---|
| Cooling | Other |
| Heat Source | Other |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingles |
|---|---|
| Foundation Details | Other |
| Construction Materials | Brick |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 27173.95 |
|---|---|
| Tax Legal Description | See Schedule B (found in Attachments). |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2J 1V3 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2J 1V3 |
