Homes for sale - 275-279 Herbert ST, Waterloo, ON N2J 1V3

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Aug

Sun

Aug

Mon

Aug

Ruth Pedrosa

ruth@rpdrealestate.com +1(416) 998-5478

$ 3,650,000

Est. payment | -/mo

28 Beds

17 Baths

Save

$ 3,650,000

Est. payment | -/mo

Save

28 Beds

17 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

MLS Listing ID X12315782

Style Other

Bedrooms 28

Building Age 51-99

Annual Tax Amount $27,173

Tax Year 2025

Property Sub-Type Multiplex

Property 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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Full

Kitchen 17

Interior

Interior Features Water Softener, Water Heater Owned

Cooling Other

Fireplace No

Heat Source Other

Exterior

Garage Spaces 4.0

Pool None

Roof Type Shingles

Lot Frontage 229.5

Lot Depth 195.33

Total Parking Spaces 17

Building

Unit Features Hospital,Park,Place Of Worship,School,Public Transit

Foundation Other

Listed by ROYAL LEPAGE WOLLE REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 998-5478

ruth@rpdrealestate.com

275-279 Herbert ST Waterloo, ON N2J 1V3