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27 MARGARET Avenue N
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27 MARGARET Avenue N $1,150,000
13 hours ago
$1,150,000
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27 MARGARET Avenue N
Waterloo, Ontario N2J3P2

MLS® Number: 40793236
5
Bedrooms
0
Bathrooms
2726
Square Feet

Listing 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! (69979294)

Location Description

Bridgeport East to Margaret Ave North (Corner lot)

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2726 sqft
Subdivision Name
116 - Glenridge/Lincoln Heights
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$5,053
Total Parking Spaces
5
Time on REALTOR.ca
13 hours

Building

Bathrooms
Total
0
Interior Features
Basement Type
Full (Finished)
Building Features
Features
Laundry- Coin operated
Rental Equipment
Furnace
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Park
Parking
Total Parking Spaces
5

Measurements

Square Footage
2726 sqft
Above Grade Finished
2726 sqft
Source: Other

Land

Lot Features
Frontage
60 ft
Other Property Information
Access
Highway access
Zoning Description
R1
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519-575-2882
519-578-8095
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CITIMAX REALTY LTD.
103 QUEEN STREET S.
KITCHENER, Ontario N2G1W1
519-578-3300
519-578-8095

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