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$3,650,000
30 Days On Site

275-279 Herbert Street
Waterloo, ON N2J 1V3

For Sale|Apartment|Active
28
Beds
17
Total Baths
10,697
SqFt
$341
/SqFt
County:
Waterloo
Call Now: 647-909-3337
Is this the listing for you? We can help make it yours.
647-909-3337
275-279 Herbert Street275-279 Herbert Street275-279 Herbert Street275-279 Herbert Street
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Monthly Payment (Est.)

$16,653
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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.

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Listing Snapshot
Price 
$3,650,000
Days On Site 
30 Days
Bedrooms 
28
Inside Area (SqFt) 
10,697 sqft
Total Baths 
17
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
40755755
Status 
Active
Property Tax 
$27,173.95
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
17
Property Sub Type 
Apartment
SqFt Above 
10697
SqFt Total 
10697
Water Source 
Public
Zoning 
R9
Interior Features
Appliances 
CooktopWater SoftenerRefrigerator
Basement 
FullFinished
Cooling 
NoneOther
Heating 
Baseboard
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Brick
Frontage 
229.50
Lot Features 
City Lot
Roof 
Shingle
Community Features
HOA Fee Frequency 
Monthly
MLS Area 
1 - Waterloo East

Neighborhood & Commute
Source: Walkscore
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