367 HOLLY STREET N, Waterloo

$1,449,000

For sale: Multiplex

Multiplex at 367 HOLLY STREET N, Waterloo
Property type
Multiplex
Bedrooms / bathrooms
14 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13663900

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!

Sold data

Homes in Waterloo — recent sold market

Homes in Waterloo took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 47, across 280 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $654,500.

Homes sold for about 1.8% below asking on average, so there was room to negotiate.

About 31% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$654,500
Sale-to-list ratio
98.2%
Sold above asking
31%

Based on 280 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Waterloo

Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.

Rated schools
31
Elementary
27
Secondary
4
Average rating
6.8 / 10

Top-rated schools in Waterloo

  • Millen WoodselementaryFraser rating 8.9/10
  • Sir John A MacdonaldsecondaryFraser rating 8.7/10
  • Abraham ErbelementaryFraser rating 8.6/10
  • LaurelwoodelementaryFraser rating 8.5/10
  • Vista HillselementaryFraser rating 8.5/10
  • Mary JohnstonelementaryFraser rating 8.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 367 HOLLY STREET N