High-visibility corner lotNew fridge and stoveBright move-in-ready living spaceAmple on-site parkingExcellent exposure
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!
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Zillow last checked:
Listing updated:
Listed by:
Erin Griesbaum, Salesperson,
CITIMAX REALTY LTD.
Source: ITSO,MLS®#: 40793236Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Heating
Forced Air
Cooling
None
Appliances
Laundry: Coin Operated
Features
None
Basement: Separate Entrance,Full,Finished
Has fireplace: No
Interior area
Total structure area: 2,726
Total interior livable area: 2,726 sqft
Finished area above ground: 2,726
Property
Parking
Total spaces: 5
Parking features: Private Drive Triple+ Wide
Uncovered spaces: 5
Features
Exterior features: Balcony
Frontage length: 60.00
Lot
Dimensions: 60 x
Features: Ample Parking, Highway Access, Park
Details
Parcel number: 223490067
Zoning: R1
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi-3 Unit, Multi Family
Materials
Brick
Roof: Metal
Condition
51-99 Years
New construction: No
Utilities & green energy
Sewer: Sewer (Municipal)
Water: Municipal
Community & HOA
Community
Security: Smoke Detector
Location
Region: Waterloo
Financial & listing details
Price per square foot: C$404/sqft
Annual tax amount: C$5,053
Date on market: 12/15/2025
Inclusions: Smoke Detector, Refrigerator X 3, Stove X 3, Range Hood X 3, Common Area Washer And Dryer
Exclusions: All Tenant's Personal Belongings
Erin Griesbaum, Salesperson
Erin Griesbaum, Salesperson
(519) 578-3300
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