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$ 1,449,000
Est. payment | /mo
14 Beds
3 Baths
$ 1,449,000
Est. payment | /mo
14 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X13663900
Style Sidesplit
Bedrooms 14
Annual Tax Amount $9,864
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Finished
Kitchen 3
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 60.0
Lot Depth 130.0
Total Parking Spaces 6
Building
Building Age 51-99
Foundation Other
Others
ParcelsYN No
Virtual Tour https://view.tours4listings.com/1-rookie-street-brampton/nb/
Listed by RE/MAX ULTIMATE REALTY INC.
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