27 MARGARET Avenue N

$1,100,000

116 - Glenridge/Lincoln Heights, Waterloo, Ontario

  • 5 beds
  • 3 baths
  • 2,726 square feet
Commercial · Multi-familyType
5Parking
Forced airHeating
NoneCooling
262Days on market
$404 / sqftPrice / sqft

About this property

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:66327)

Property details

Interior

Bedrooms
5
Bathrooms
3
Living area
2,726 square feet
Storeys
2
Basement
Finished, Full

Exterior & parking

Structure type
Triplex
Architectural style
[]
Parking spaces
5
Exterior features
Brick

Building & HOA

Heating
Forced air
Cooling
None

Financial & legal

List price
$1,100,000
Price / sqft
$404 / sqft
Annual taxes
$5,053
Tenure
Freehold
Status
Active
MLS® number
40793236

Location

City
Waterloo
Neighbourhood
116 - Glenridge/Lincoln Heights
Province
Ontario
Postal code
N2J3P2
Directions
Bridgeport East to Margaret Ave North (Corner lot)

Mortgage calculator

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Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).