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For sale
  • C$1,100,000

    27 Margaret Ave N, Waterloo, ON N2J 3P2

    5beds
    3baths
    2,726sqft
    Multi-3 Unit, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$404/sqft
    C$-- HOA

    What's special

    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!
    209 days
    |
    11
    |
    0
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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

      By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

        Price history

        DateEventPrice
        5/27/2026Price changeC$1,100,000-4.3%C$404/sqft
        Source: ITSO #40793236 Report a problem
        12/15/2025Listed for saleC$1,150,000C$422/sqft
        Source: ITSO #40793236 Report a problem

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: N2J

        Getting around

        62 / 100
        Somewhat Walkable
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

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