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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,449,000
Available - For Sale
Listing ID: X13663900
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!
Price $1,449,000
Taxes: $9,864
Assessment Year: 2025
Occupancy by: Vacant
Address: 367 Holly Street North , Waterloo, N2L 4G2, Waterloo
Directions/Cross Streets: HOLLY ST & COLUMBIA ST W
Rooms: 17
Bedrooms: 14
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: 0 0
No. of Pieces Level
Washroom 1:  3 Basement
Washroom 2:  3 Main
Washroom 3:  3 Main
Washroom 4:  0
Washroom 5:  0
Property Type: Multiplex
Style: Sidesplit
Exterior: Brick Veneer
Garage Type: None
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: Y
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RE/MAX ULTIMATE REALTY INC.

367 Holly Street North , Waterloo, N2L 4G2, Waterloo

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Sidesplit
Lot Size: x 130.00(Feet)
Approximate Age: 51-99
Tax: $9,864
Maintenance Fee: $0
Beds: 14
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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