Space
Finished area and layout
- Square Feet
- 2,000-2,500 sqft
- Bedrooms
- 14
- Bathrooms
- 3
+45 more
14
Bedrooms
3
Bathrooms
2,000-2,500 sqft
Square Feet
0 sqft
Lot
6
Parking
Property Snapshot
Key details for this listing
MLS #X13663900
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 14-bedroom, 3-bathroom multi-family in Waterloo offers 2,000-2,500 sqft of square feet on a 0 sqft lot. The property has lot dimensions of 60 x 130 FT, zoned R4. The home features baseboard heaters, electric heating, none, a finished, n/a basement.
MLS Remarks
Welcome to 367 Holly Street North, Waterloo - where exceptional income potential meets an unbeatable location! This rare, City-approved and fully licensed student rental triplex presents an outstanding investment opportunity in one of Waterloo's most sought-after university rental markets. Featuring 14 bedrooms across three self-contained units - two 5-bedroom suites and one 4-bedroom suite - 3 full bathrooms, 3 kitchens, and over 2,300 sq. ft. of above-grade living space, this property is designed to maximize rental income while providing comfortable living for tenants. With potential gross annual income exceeding $114,000, this turnkey investment offers strong income potential and positive cash flow, with additional revenue from coin-operated laundry and six dedicated parking spaces. Recent upgrades include fresh paint throughout, modernized bathrooms, maple kitchen cabinetry, contemporary countertops, ceramic flooring, thermal-pane windows, and secure keypad entry for each unit. Situated on a generous 60' x 130' lot with R4 zoning, the property offers excellent long-term potential. Ideally located within walking distance of the University of Waterloo, Wilfrid Laurier University, and Conestoga College, plus transit, shopping, restaurants, parks, and everyday amenities. Whether you're an experienced investor expanding your portfolio or a first-time buyer seeking a high-income property, 367 Holly Street North delivers the rare combination of positive cash flow, strong rental income, multiple self-contained units, a prime student-rental location, modern upgrades, ample parking, and long-term investment potential. A true turnkey opportunity in a high-demand market - don't miss it! (id:60351)
Full Listing Details
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