27 Margaret Avenue N Waterloo, Ontario N2J 3P2
$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:50964)
Property Details
| MLS® Number | 40793236 |
| Property Type | Multi-family |
| Amenities Near By | Park |
| Equipment Type | Furnace |
| Features | Laundry- Coin Operated |
| Parking Space Total | 5 |
| Rental Equipment Type | Furnace |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,726 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Park |
| Sewer | Municipal Sewage System |
| Size Frontage | 60 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R1 |
https://www.realtor.ca/real-estate/29186058/27-margaret-avenue-n-waterloo
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December 15 2025 10:29:52
REALTORS® Association of Hamilton-Burlington
Citimax Realty Ltd.