ON
Waterloo
N2J1V3
275 HERBERT Street
275 HERBERT Street, Waterloo, ON N2J1V3
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Listing Type
Multi Family
Listing Status
active
29
$3,650,000

Home Details for 275 HERBERT Street

Price
$3,650,000
Type
Residential Income
Bedrooms
28
Bathrooms
17.0
Square feet
NaN
Parking
Detached
Days on site
53
Listing #
40755755
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 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. (id:31684)

Property Features
  • Heating Information
    • Baseboard
  • Parking
    • Detached
Listing Courtesy: Royal LePage Wolle Realty
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EXIT OTTAWA VALLEY REALTY, BROKERAGE
1219 Pembroke Street East, Pembroke, ON K8A 7R8
Stephanie Boulay
License #: 5019975
Sales Representative
Office
613-629-3948
Agent
343 961 7910
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