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    For Sale - 275-279 Herbert Street, Waterloo, Ontario

    Est payment $15,606/mo
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    Views   1
    Time on Jump  196 day

    AI Summary *

    • Turnkey three-building apartment complex in a sought-after neighborhood.
    • Seventeen fully leased units with a solid rental history.
    • Convenient access to transit, shops, cafes, and restaurants.
    • On-site laundry facilities and rentable parking spaces for extra income.
    • Strong investment potential in a growing city with a tech focus.




    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.
    Listing IDX12315782
    Address275-279 Herbert Street
    CityWaterloo, Ontario
    Price$3,250,000
    Bed / Bath28 / 17 Full
    StyleOther, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water Softener, Water Heater OwnedAmenities Hospital, Park, Place Of Worship, School, Public TransitOwnership FreeholdBasement FullFoundation OtherHeating / Cooling BaseboardHeating Fuel OtherSewer Sewer

    Parking 17.00
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    Listing Agency:  ROYAL LEPAGE WOLLE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    275-279 Herbert Street
    Waterloo , Ontario
    28 17 $3,250,000
    Get more info