Skip main navigation
For sale
  • C$3,650,000

    279 Herbert St #275, Waterloo, ON N2J 1V3

    28beds
    17baths
    10,697sqft
    Apartment, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$341/sqft
    C$-- HOA

    What's special

    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.
    3 days
    on Zillow
    |
    20
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 12:08pm

    Listed by:

    Jacob Caldwell, Salesperson,

    Royal LePage Wolle Realty,

    Vickie Caldwell, Salesperson,

    Royal LePage Wolle Realty

    Source: ITSO,MLS®#: 40755755Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 28
    • Bathrooms: 17
    Heating
    • Baseboard
    Cooling
    • Other
    Appliances
    • Included: Water Softener, Hot Water Tank Owned, Refrigerator, Stove
    • Laundry: Common Area
    Features
    • Basement: Full,Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 10,697
    • Total interior livable area: 10,697 sqft
    • Finished area above ground: 10,697
    Video & virtual tour

    Property

    Parking
    • Total spaces: 17
    • Parking features: Detached Garage, Outside/Surface/Open
    • Garage spaces: 4
    • Uncovered spaces: 13
    Features
    • Frontage length: 229.50
    Lot
    • Dimensions: 229.5 x
    • Features: City Lot, Hospital, Park, Place of Worship, Public Transit, Quiet Area, Schools, Shopping Nearby
    Details
    • Parcel number: 223280076
    • Zoning: R9

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment, Multi Family
    Materials
    • Brick
    • Roof: Shingle
    Condition
    • 51-99 Years
    • New construction: No

    Utilities & green energy

    • Sewer: Sewer (Municipal)
    • Water: Municipal

    Community & HOA

    Location
    • Region: Waterloo

    Financial & listing details

    • Price per square foot: C$341/sqft
    • Annual tax amount: C$27,173
    • Date on market: 7/30/2025
    • Inclusions: Hot Water Tank Owned
    • Exclusions: All Tenants Belongings.
    • Loading