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.
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
- 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.
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