367 Holly Street, Waterloo, ON
Property Highlights
Welcome to this remarkable Sidesplit multiplex located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $1,449,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 14 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 60 x 130 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Other
- Efficient baseboard heating via electric
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!
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Property Summary
This multiplex located at 367 Holly Street, Waterloo is currently for sale and has been available on SousaSells for 1 day. This property is listed at $1,449,000 with an estimated mortgage of $4,823* per month. It has 14 beds, 3 bathrooms, and is 2000-2500 square feet. 367 Holly Street, Waterloo
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 14 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Waterloo.
- •14 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Waterloo.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 367 Holly Street, Waterloo, ON
Q.What is the asking price for 367 Holly Street, Waterloo, ON ?
The current listing price for 367 Holly Street, Waterloo, ON in Waterloo is $1,449,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 14 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 367 Holly Street, Waterloo, ON ?
367 Holly Street, Waterloo, ON is a Multiplex (Sidesplit) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 367 Holly Street N, Waterloo, ON N2L 4G2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $1,449,000 in Waterloo, the legal minimum down payment is $289,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $25,455 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $25,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.