367 Holly Street N,Waterloo, ON N2L 4G2
Waterloo, ON N2L 4G2
Description
Welcome to 367 Holly Street North, Waterloo - where exceptional income potential meets an unbeatable location! This rare, City-approved and fully licensed student rental triplex presents an outstanding investment opportunity in one of Waterloo's most sought-after university rental markets. Featuring 14 bedrooms across three self-contained units - two 5-bedroom suites and one 4-bedroom suite - 3 full bathrooms, 3 kitchens, and over 2,300 sq. ft. of above-grade living space, this property is designed to maximize rental income while providing comfortable living for tenants. With potential gross annual income exceeding $114,000, this turnkey investment offers strong income potential and positive cash flow, with additional revenue from coin-operated laundry and six dedicated parking spaces. Recent upgrades include fresh paint throughout, modernized bathrooms, maple kitchen cabinetry, contemporary countertops, ceramic flooring, thermal-pane windows, and secure keypad entry for each unit. Situated on a generous 60' x 130' lot with R4 zoning, the property offers excellent long-term potential. Ideally located within walking distance of the University of Waterloo, Wilfrid Laurier University, and Conestoga College, plus transit, shopping, restaurants, parks, and everyday amenities. Whether you're an experienced investor expanding your portfolio or a first-time buyer seeking a high-income property, 367 Holly Street North delivers the rare combination of positive cash flow, strong rental income, multiple self-contained units, a prime student-rental location, modern upgrades, ample parking, and long-term investment potential. A true turnkey opportunity in a high-demand market - don't miss it!
Details
| MLS # | X13663900 |
|---|---|
| Listing Type | For Sale |
| Style | Sidesplit |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 12 |
| Listing Provided By | RE/MAX ULTIMATE REALTY INC. | X13663900 498703 |
Features
| Bed(s) | 14 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Acreage | 0.18 |
Interior
| Interior Features | Other |
|---|---|
| Cooling | None |
| Heat Source | Electric |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Other |
| Construction Materials | Brick Veneer |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 9864 |
|---|---|
| Tax Legal Description | LT 2 PL 1037 CITY OF WATERLOO; WATERLOO |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Waterloo |
| Postal Code | N2L 4G2 |
| Listing VS Median (in N2L 4G2) | |
Price: $1,449,000 low | high Med: $0 On site: 12 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Waterloo |
| Postal Code | N2L 4G2 |
| Listing VS Median (in N2L 4G2) | |
Price: $1,449,000 low | high Med: $0 On site: 12 low | high Med: | |
