For Sale

$3,250,000

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

28 Beds

Remarks

Welcome to 275, 277, and 279 Herbert Street in Waterloo – an outstanding turnkey purpose-built three Building Apartment complex nestled in one of Waterloo’s 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 Waterloo’s 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 it’s 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.

Inclusions:

Hot Water Tank Owned

Exclusions:

All Tenants Belongings.

Property Summary

  • Lot Frontage: 229.50 Feet
  • No. of Parking Spaces: 17
  • Floor Space (approx): 10697 Square Feet
  • Bedrooms: 28
  • Zoning: R9

Property Features:

  • Basement:
    Full , Finished
  • Construction Materials:
    Brick
  • Cooling:
    Other
  • Heating:
    Baseboard
  • Acres Range:
    []
  • Driveway Parking:
    Outside/Surface/Open
  • Laundry Features:
    Common Area
  • Lot Features:
    City Lot , Hospital , Park , Place of Worship , Public Transit , Quiet Area , Schools , Shopping Nearby
  • Parking Features:
    Detached Garage
  • Roof:
    Shingle
  • Sewer:
    Sewer (Municipal)
  • Water Source:
    Municipal

Office Listing: 

Jacob Caldwell Real Estate Agent  ,  Vickie Caldwell - Sales Representative

Lifestyle
Neighbourhood Info
Margaret Yong Ping

Margaret Yong Ping

Sales Representative

Phone:  519.747.2040

Mobile:  519.572.0334

Fax:  519.747.2081

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Royal LePage Wolle Realty, Brokerage (Independently owned and operated)

7 - 180 NORTHFIELD DR WEST
WATERLOO,  ON N2L 0C7

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