Size
-
Lot size
1.03 Acre
Street frontage
-
Possession
Immediate
Price per sqft
$56 - $730
Taxes
$27,173.95 (2025)
Parking Type
-
Style
Other
See what's nearby
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
Show all details
Instant estimate:
orto view instant estimate
$398,262
lower than listed pricei
High
$3,319,729
Mid
$3,251,738
Low
$3,039,270
Have a home? See what it's worth with an instant estimate
Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.