$1,100,000
FOR SALE

Triplex

Bedrooms: 5Bathrooms: 3Lot: 60 x 0 ft

27 Margaret Avenue N
Waterloo, ON N2J 3P2

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! (id:47421)
Share
Listed By CITIMAX REALTY LTD.
Data Provided By Cornerstone Association of REALTORS®
MLS® Listing Number 40793236
Last Updated May 27, 2026
Property Summary
Property Type Triplex

More like this:
Subdivision 116 - Glenridge/Lincoln Heights
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 5
Bathrooms 3
Lot 60 x 0 ft
Amenities Nearby Park
Equipment Furnace
Features Laundry- Coin operated
Listing Contract Date 2025-12-14
Location Description Bridgeport East to Margaret Ave North (Corner lot)
Ownership Type Freehold
# of Parking Spaces 5
Property Type Multi-family
Rental Equipment Furnace
Transaction Type For sale
Zoning Description R1
Building
Basement Development Finished
Basement Type Full (Finished)
Cooling Type None
Exterior Finish Brick
Heating Type Forced air
Stories Total 2
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Highway access
Amenities Park
Sewer Municipal sewage system

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)