29
275-279 Herbert Street
$3,650,000 Sale
Listed 11 days ago
· 28
· 17
· 17
· 5000 +
Listing History
Buy/Sell/Terminated/Expired listing history for 275-279 Herbert Street
Key Facts
Key facts for 275-279 Herbert Street
Property Type
Apartment, Other
Parking
Detached 4 garage, 17 parking
MLS #
X12315782
Size
5000 + sqft
Basement
Full
Listed on
2025-07-30
Lot size
230 x 195.33
Tax
$27,173.95 /yr
Days on Market
20
Approximate Age
51-99
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 Waterloos sought-after neighbourhoods. This investment opportunity features two 6-plex buildings and one 5-plex building, offering a total of 17 fully lea...sed 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.
Similar Properties (No results)
Courtesy of: ROYAL LEPAGE WOLLE REALTY