Sold for:Sold Jul 14, 2026
$3,250,000

275-279 Herbert Street

Waterloo, ON N2J 1V3

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 275-279 Herbert Street, Waterloo

2025-07-30
2026-07-14
Sold
Price
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MLS#
x12315782

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 275-279 Herbert Street, Waterloo

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 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 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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$27,174
Land Transfer Tax Fee
$67,725

Basement Type
Full

Interior Features

Interior Extras
Water Softener, Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Park, Place Of Worship, School, Public Transit

Building

Building Type
Multiplex
Building Style
Other
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Shingles
Foundation Details
Other
Special Designation
Unknown

Lot

Lot Front
229.50 ft
Lot Depth
195.33 ft
Lot Shape
Irregular

Exclusions

Exclusions
All Tenants Belongings.

Parking & Garages

Garage Type
Detached
Garage Spaces
4
Parking Spaces
13
Total Garage And Parking Spaces
17

Heating & Cooling

Heat Source
Other
Heat Type
Baseboard
Air Conditioning
Other
Water
Municipal
Sewers
Sewer

Bedrooms
28
Washrooms
17
Kitchens
17

Washrooms

  • 3-piece

Municipality
Waterloo
Main cross streets
Turn off of Union Street East or Pine Street.
Zoning
R9
Directions
Turn off of Union Street East or Pine Street.

MLS® number
X12315782
Data source
Toronto Regional Real Estate Board
Status change
2026-07-14
Listed on
2025-07-30
Days on market
349 days
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
ROYAL LEPAGE WOLLE REALTY

Home Market Value

Current home valuation for 275-279 Herbert Street, Waterloo, , . Listed for $3,250,000

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Estimated Sales Range

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HOMEH Estimate for 275-279 Herbert Street, Waterloo

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Land Transfer Tax

Provincial

$67,725

Total Land Transfer Tax

$67,725

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