275-279 Herbert Street, Waterloo, ON N2J 1V3
Waterloo, ON, N2J 1V3
About this property
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.
Features & Amenities
- Basement: Full
- Garage: Detached
- Cooling: Other
- Heat Type: Baseboard
- Heat Source: Other
- Style: Other
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | Other |
| Bedrooms | 28 |
| Bathrooms | 17 |
| Basement | Full |
| Garage | Detached |
| Parking Spaces | 13 |
| Heat Type | Baseboard |
| Heat Source | Other |
| Cooling | Other |
| Sewer | Sewer |
| Annual Tax | $27,174 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Softener, Water Heater Owned
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Other
- Construction Materials
- Brick
- Foundation Details
- Other
- Roof
- Shingles
- Basement
- Full
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Other
- Cooling
- Other
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 13
- Parking Total
- 17.00
- Covered Spaces
- 4
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 195.33
- Lot Width
- 229.50
Community & Neighborhood
- Property Features
- Hospital, Park, Place Of Worship, School, Public Transit
Financial & Tax
- Tax Annual Amount
- $27,174
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 17
- Kitchens Above Grade
- 17
- Kitchens Total
- 17
- Bedrooms Above Grade
- 28
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Waterloo
- Cross Street
- Turn off of Union Street East or Pine Street.
- Directions
- Turn off of Union Street East or Pine Street.
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
275-279 Herbert Street, Waterloo, ON N2J 1V3, Waterloo, ON, N2J 1V3