$3,650,000
23.45 BTC
Photos
275-279 Herbert Street, Waterloo
$3,650,000
PRICE
28
BEDROOMS
17
BATHROOMS
X12315782
MLSID

275-279 Herbert Street, Waterloo

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.
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Summary

Address
275-279 Herbert Street
MLSID
X12315782
Property Type
Multiplex
Property Category
Bedrooms
28
Bathrooms
17
Kitchens
17
Zoning
R9
Taxes (Annual)
$27,173.95
Tax Year
2025
Published
July 30, 2025
Days on Market
3 Days
Possession Type
Immediate
Possession Details
Immediate
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Exclusions

All Tenants Belongings.

Details

Property Features
Hospital, Park, Place Of Worship, School, Public Transit
Parking Spaces
13
Parking Total
17
Architectural Style
Other
Roof
Shingles
Construction Materials
Brick
Lot Width
230 Feet
Lot Depth
195 Feet
Water
Municipal
Heat Source
Other
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE WOLLE REALTY
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