135 days on Market

275-279 Herbert St, Waterloo, Ontario N2J 1V3

Townhouse
28
17
~5000 + sqft
$•••,•••
$3,250,000
Get pre-qualifiedPowered by nesto
Townhouse
28
17
~5000 + sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market135 days

Estimated valueNot available

Price/Sqft$325/sqft

Monthly cost

Open Calculator

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.


Property Details

StyleOther
View-
Age of property51-99
SqFt~5000 + SqFt
Lot Size44,828 SqFt(195.33 x 229.5)
Parking Spaces17
MLS ®NumberX12315782
Community NameCentral
Data SourceTRREB
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Baseboard
Cooling: Other
Basement: Full

Features

Lot size: 44,828 SqFt

Parking

Garage spaces 4

Garage type Detached

Other parking spaces 13

Total parking spaces 17


Property listed by ROYAL LEPAGE WOLLE REALTY, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Central

Geo Zone Map ThumbnailCentral

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

0 day

2023

0 day

2022

0 day

New Listings

Past 30 days

4 listings

Compared to

2024

6 listings

2023

3 listings

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$970,000

Compared to


Population and Demographics

Overview

Total population 13995
Average household income $123,262

Age (%)

0 to 19
13%
20 to 34
38%
35 to 49
15%
50 to 64
13%
65 and plus
21%

Household composition (%)

Single person
44%
Single family
43%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
79%
Others
5%
Mandarin
5%
German
2%
Spanish
1%
French
1%
Hindi
1%
Arabic
1%

House tenancy (%)

Renters
64%
Owners
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget