Name: 275-279 HERBERT Street, Waterloo | MLS® 40755755
SKU: 40755755
Price: 3650000.0 CAD
Availability: InStock

$3,650,000 Sale

Listed 18 days ago

275-279 HERBERT Street

MLS® 40755755 Multi Family

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Beds · 28

Baths · 17.0

Parking · 17

Sqft · 10697

Est. mortgage

$13,847/mo

Key Facts

Key facts for 275-279 HERBERT Street

Property Type

Apartment

Parking

Garage: Yes, 17 parking

MLS #

40755755

Size

10697 sqft

Basement

Finished, Full (Finished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

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 le...ased 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:10452)

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Full Property Details

Interior

Bedrooms

Washrooms

17.0

Square Footage

10697 sqft

Basement

Finished

Heating Type

Baseboard heaters

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

17.0

Square Footage

10697 sqft

Basement

Finished

Heating Type

Baseboard heaters

Full Bathrooms

Half Bathrooms

Exterior

Acreage

1/2 - 1.99 acres

Parking Spaces

Garage Spaces Y/N

Yes

Zoning Description

Land Amenities

Hospital, Park, Place of Worship, Public Transit, Schools, Shopping

Acreage

1/2 - 1.99 acres

Parking Spaces

Garage Spaces Y/N

Yes

Zoning Description

Land Amenities

Hospital, Park, Place of Worship, Public Transit, Schools, Shopping

Building Description

Home Type

Apartment

Subtype

Multi Family

Exterior

Brick

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Exterior

Brick

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Area Code

Waterloo

Features

Quiet Area

Area Code

Waterloo

Features

Quiet Area

Other

Virtual Tour Link

https://youtu.be/GmfQzE4AvjA

Virtual Tour Link

https://youtu.be/GmfQzE4AvjA

Harry Singh

Email: [email protected] Cell: 647-269-8720