27 MARGARET Avenue N, Waterloo, Ontario, N2J3P2

Property Description

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:64974)

Quick Facts

• Property Type: Triplex (Freehold)
• Bedrooms: 5
• Bathrooms: 3
• Living Area: 2,726 sq ft (253.3 m²)
• Above Grade: 2,726 sq ft (253.3 m²)
• Ownership: Freehold
• Attached: Yes
• Parking: 5 spaces
• Frontage: 60 ft (18.3 m)

Costs

• Annual Taxes: $5,053.00

Listing Provided by: CITIMAX REALTY LTD.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.