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.More details
An exceptional opportunity to purchase a well maintained, professionally managed purpose built sixplex on a large lot with Res-6 zoning. The property features six 1 bedroom apartments, with an average rent of $997. Tenants pay their own hydro. Landlord pays for gas and water. Recent upgrades include: Boiler (2015), Driveway and Roof (2022). There is significant upside potential on the rents along with the potential to intensify the site with additional units.More details
MAIN FLOOR 2 BEDROOM UNIT VACANT THIS MAY. Centrally located close to DTK and Uptown Waterloo, a corner location, all-brick purpose-built triplex offering a well-maintained building with an attractive unit mix of two 2-bedroom suites plus one bachelor unit in the basement. The property also features a detached two-car garage, providing valuable on-site parking or potential for additional income. The building is heated by gas boiler and separately metered hydro for each unit, helping to control operating expenses. Key updates include Boiler (2010), Roof (2011), Driveway (2013) and Windows (2015). A solid, turnkey multifamily asset in a convenient central location with strong fundamentals and room for growth.More details
Attention Investors and First-Time Home Buyers!
Welcome to this stunning detached legal duplex, offering income potential and great curb appeal. This bungalow features two fully self-contained units, each with its own kitchen, separate entrance, and private laundry facilities. The main level offers a carpet-free, three-bedroom unit featuring an updated kitchen with beautiful cabinetry, stainless steel appliances & laundry. The space includes new flooring throughout, an oversized living room with large windows for natural light, and a new four-piece bathroom. There is also an accessible attic space for additional storage. The lower two-bedroom unit is also fully updated with a new kitchen, a modern three-piece bathroom, and a recreation room with an egress window. This level includes a spacious utility room for laundry and extra storage. Outside, the property boasts a long, wide driveway that fits at least five cars, and a spacious, fully fenced backyard with a shed and a covered deck. This property represents a fantastic investment opportunity or a way to help pay your mortgage while living in one unit. The home is owner-occupied with no existing leases and is ideally located within walking distance to parks, public transit, and shopping, with easy access to Hwy 7/8. Updates Include: Roof (2018), HWH (2018), New Furnace (2023), Heat Pump (2023), Windows (2023), Electrical (2023–2025), Water Softener (2024), Plumbing (2024), and New Doors (2024). Please contact me for more information or to schedule a viewing.More details