CAONWaterlooCentral District279 Herbert St
279 Herbert St, Home with 28 bedrooms, 17 bathrooms and 13 parking in Waterloo ON | Image 1
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$3,650,000

279 Herbert St, Waterloo, ON

Real Estate

For Sale

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281713
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage Yes
Taxes $27,174
Days Active 1
Lot Size 
Approx. Age 
MLS® Number X12315782

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberX12315782
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFull
DrivewayGarage Type:Detached
Garage Spaces
HeatOther, Baseboard
A/COther
Heating Fuel

Extras

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