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
$3,650,000
For Sale
95 days
 on site
$3,650,000
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Size
-
Lot size
1.03 Acre
Street frontage
-
Possession
Immediate
Price per sqft
$56 - $730
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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$645,728
lower than listed price
i
High
$3,067,089
Mid
$3,004,272
Low
$2,807,973
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About 275-279 Herbert Street

275-279 Herbert Street is a Waterloo multiplex for sale. It was listed at $3650000 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.

Living in this multiplex is easy. There is also Grand River Hospital Station Train Stop, nearby, with route Ion Light Rail nearby.