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27 Margaret Avenue N Waterloo, Ontario N2J 3P2

5 Bedroom 2726 sqft
None Forced Air

$1,150,000

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:58671)

Property Details

MLS® Number 40793236
Property Type Multi-family
AmenitiesNearBy Park
EquipmentType Furnace
Features Laundry- Coin Operated
ParkingSpaceTotal 5
RentalEquipmentType Furnace

Building

BedroomsTotal 5
BasementDevelopment Finished
BasementType Full (finished)
CoolingType None
ExteriorFinish Brick
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2726 Sqft
Type Triplex
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Park
Sewer Municipal Sewage System
SizeFrontage 60 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R1

https://www.realtor.ca/real-estate/29186058/27-margaret-avenue-n-waterloo

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