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Royal LePage
Royal LePage
$1,150,000

Waterloo ON, N2J 3P2

MLS® # 40793236

Property Information:

Exceptional investment opportunity in the highly sought-after Lincoln Heights neighbourhood of Waterloo! Situated on a high-visibility corner lot at 27 Margaret Ave N, this well-maintained triplex offers versatility, steady income, and future potential. Two units are currently occupied by month-to-month tenants, while the upper 2-bedroom unit is vacant—perfect for an owner looking to move in or an investor ready to set their own rents. The upper unit has been recently refreshed and repainted and comes equipped with a new fridge and stove, offering a bright, move-in-ready living space. The building is accessible via stairs or a concrete ramp, providing easy entry for a variety of occupants, and features ample on-site parking. With excellent exposure and close proximity to transit, highway access, shopping, universities, trails and schools, this property is ideally positioned in one of Waterloo’s most convenient neighbourhoods. A rare opportunity to secure a solid triplex in a thriving area—don’t miss out! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 2726 sqft
  • Heating Type: Forced air
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 5
  • Access Type: Highway access
  • Amenities Nearby: Park
  • Features: Laundry- Coin operated
  • Floor Space (approx): 2726 Square Feet
  • Lot Frontage: 60 Feet
  • Zoning: R1
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 5

Courtesy of: CITIMAX REALTY LTD.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 27 MARGARET Avenue N, Waterloo, Ontario, N2J 3P2

Demographic Information of 27 MARGARET Avenue N, Waterloo, Ontario, N2J 3P2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$132,507.86

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.89 %

High school certificate or equivalent

27.14 %

Apprenticeship trade certificate/diploma

6.3 %

College/non-university certificate

20.36 %

University certificate (below bachelor)

2.97 %

University Degree

33.33 %

Commuter

Travel To Work

By Car

86.48 %

By Public Transit

1.92 %

By Walking

1.35 %

By Bicycle

1.31 %

By Other Methods

8.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.96 %

Houses

83.04 %

Own Vs. Rent

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