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About the Listing KW348 - KWKW8425,KWKW8424
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.
Listing Highlights
Interior Details
- Bedrooms: 28
- Bathrooms: 17 Full
- Appliances: Water Softener, Hot Water Tank Owned, Refrigerator, Stove
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 10697
- Below Ground Sq Ft: n/a
- Basement: Full,Finished
- Other:
- Water: Municipal
Exterior Details
- Lot Description: City Lot,Hospital,Park,Place of Worship,Public Transit,Quiet Area,Schools,Shopping Nearby
- Garage Capacity: 4 car
- Parking Spaces: 17
- Lot Dimensions: 229.5 x
- Zoning: R9
- Roof: Shingle
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Outside/Surface/Open,Detached Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 223280076
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
275-279 Herbert St Waterloo, ON N2J 1V3
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