275-279 Herbert Street

275-279 Herbert Street
275-279 Herbert Street
275-279 Herbert Street
+26
28
 bed
17
 bath
17
 parking
5000 - 65535
 sqft
Multiplex
$3,250,000
For Sale
142 days
 on site
$3,250,000
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Size
-
Lot size
1.03 Acre
Street frontage
-
Possession
Immediate
Price per sqft
$50 - $650
Taxes
$27,173.95 (2025)
Parking Type
-
Style
Other
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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.
Broker: ROYAL LEPAGE WOLLE REALTY
MLS®#: X12315782
Property details
Parking:
17
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
Other
MLS Size:
5000-65535 sqft
Lot front:
229 Ft
Lot depth:
195 Ft
Listed on:
Jul 30, 2025
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Instant estimate:
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$216,216
lower than listed price
i
High
$3,097,218
Mid
$3,033,784
Low
$2,835,556
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About 275-279 Herbert Street

Located at 275-279 Herbert Street, this Waterloo multiplex is available for sale. It was listed at $3250000 in July 2025 and has 28 beds and 17 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

For those residents of 279 Herbert St, Kitchener without a car, you can get around rather easily. The closest transit stop is a Train Stop (Grand River Hospital Station) and is nearby connecting you to Kitchener's public transit service. It also has route Ion Light Rail nearby.