Property Details
275-279 HERBERT Street, Waterloo, Ontario, N2J1V3
Sales Representative
Royal LePage Wolle Realty Brokerage - Waterloo
Tel: 519-747-2040
$3,250,000 - For sale
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. (id:2471)
Location DescriptionTurn off of Union Street East or Pine Street.
- Property Address:275-279 HERBERT Street, Waterloo, Ontario, N2J1V3
- Property Type:Multi-family
- Title:Freehold
- Lot Size:1/2 - 1.99 acres
- Acreage:1/2 - 1.99 acres
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Driveway:Detached Garage, Open
- Parking Space Total:17
- Bedrooms:28
- Bathrooms:17
- Floor Space:10697 sqft
- Heating Type:Baseboard heaters
- Storeys:2
- Basement Type:Full (Finished)
- Appliances Included:Water softener
- Exterior Type:Brick
- Amenities Nearby:Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Sales Representative
Royal LePage Wolle Realty Brokerage - Waterloo
Tel: 519-747-2040
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- Map 275-279 HERBERT Street, Waterloo, Ontario, N2J1V3
- Neighbourhood Information
275-279 HERBERT Street, Waterloo, Ontario, N2J1V3
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