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For saleMLS® X13663900

367 Holly Street N, Waterloo, ON N2L 4G2

$1,099,000

$550 / sq ft

2 months on market

Bedrooms
14
Bathrooms
3
Interior
2,000 sf
Parking
6
Lot
60 × 130 ft
Age
51-99 years

What's special

  • 6 parking spaces
  • Finished basement

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About this property

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!

Rooms

1 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Room——

Features

  • Other

Property details

Property

Property type
multiplex
Bedrooms
14
Bathrooms
3
Interior size
2,000 sq ft
Year built
51-99
Lot size
60 × 130 ft
Possession
Immediate

Interior

Basement
Finished
Heating
Baseboard · Electric
Exposure
North

Exterior & services

Construction
Brick Veneer
Parking spaces
6
Sewer
Sewer

Costs

List price
$1,099,000
Property taxes
$9,864 / year (2025)
Price per sq ft
$550
Rental items
4 - Hot Water Tanks

Listing

MLS® number
X13663900
Status
For sale
Listed
August 11, 2026
Days on market
85
Last updated
October 17, 2026
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 40% of comparable multiplex listings in Waterloo are asking less.

$790KMedian $1.30M$4.99M
This home
$550 / sq ft
Comparable median
$682 / sq ft

Based on 15 comparable active multiplex listings in Waterloo. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.7% · minimum $84,900
$84,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$5,607.13
Property tax (est.)
$822.00
Estimated monthly
$6,429

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$18,455
Total due on closing
$18,455

An estimate on the asking price of $1,099,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ULTIMATE REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,099,000

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Comparable sales nearby

What similar homes in this area actually sold for.

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Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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367 Holly Street N, Waterloo, ON N2L 4G2 For Sale — $1,099,000