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

$ 3,650,000
Est. payment /mo
Active
275-279 Herbert ST Waterloo, ON N2J 1V3
28 Beds
17 Baths
UPDATED:
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
Annual Tax Amount $27,173
Tax Year 2025
Property Sub-Type Multiplex
Lot Depth 195.33
Lot Front 229.5
Appx SqFt 5000 +
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
Building Age 51-99
Unit Features Hospital,Park,Place Of Worship,School,Public Transit
Foundation Other
Others
ParcelsYN No
Listed by ROYAL LEPAGE WOLLE REALTY

GET MORE INFORMATION
TORONTO NEIGHBOURHOODS
- Luxury Toronto Homes for Sale
- Homes for sale in Midtown Toronto HOT
- Condos for sale in Midtown Toronto
- Homes for sale in Davisville Village
- Homes for sale in Leaside
- Homes for sale in Bennington Heights
- Homes for sale in Chaplin Estates
- Homes for sale in Rosedale
- Homes for sale in Lawrence Park
- Homes for sale in Moore Park
- Homes for sale in Deer Park
- Homes For sale in Sherwood Park
- Homes for sale in Casa Loma
- Homes for sale in Summerhill
- Homes for sale in Yorkville
- Homes for sale in The Annex
- Homes for sale in St Lawrence Market
- Homes for sale in Leslieville
- Homes for sale in North Riverdale
- Homes for sale in South Riverdale
- Homes for sale in High park
- Homes for sale in Roncesvalles
- Homes for sale in The Junction
- Homes for sale in Cricket club
- Homes for sale in Hoggs Hollow
- Homes for sale in Yonge & Lawrence
- Homes sold in Leaside
- Homes Sold in Rosedale
- Homes sold in Davisville Village
- Homes sold in Lawrence Park





