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

  • Home
  • Waterloo

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

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

$3,650,000

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Property ID:

 RH-799921-property

Bedrooms
28
Bathrooms
17
Garage
No

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.

Additional Details

  • Property Age: 51-99
  • Property Sub Type: Multiplex
  • Transaction Type: For Sale
  • Basement: Full
  • Heating Source: Other
  • Heating Type: Baseboard
  • Cooling: Other
  • Parking Space: 13

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