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:4069)
Address
27 MARGARET Avenue N
List Price
$1,150,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Waterloo
Bedrooms
5
Bathrooms
3
Floor Area
2,726 Sq. Ft.
MLS® Number
40793236
Listing Brokerage
CITIMAX REALTY LTD.
Basement Area
Full (Finished)
Postal Code
N2J3P2
Zoning
R1
Site Influences
Park
Features
Laundry- Coin operated
