Salehian.com 647-325-5000

367 Holly Street N

Waterloo, N2L 4G2

$1,099,000

Reduced $350,000 from $1,449,000

Photo 1 of 50Photo 2 of 50Photo 3 of 50Photo 4 of 50Photo 5 of 50Photo 6 of 50Photo 7 of 50Photo 8 of 50Photo 9 of 50Photo 10 of 50Photo 11 of 50Photo 12 of 50Photo 13 of 50Photo 14 of 50Photo 15 of 50Photo 16 of 50Photo 17 of 50Photo 18 of 50Photo 19 of 50Photo 20 of 50Photo 21 of 50Photo 22 of 50Photo 23 of 50Photo 24 of 50Photo 25 of 50Photo 26 of 50Photo 27 of 50Photo 28 of 50Photo 29 of 50Photo 30 of 50Photo 31 of 50Photo 32 of 50Photo 33 of 50Photo 34 of 50Photo 35 of 50Photo 36 of 50Photo 37 of 50Photo 38 of 50Photo 39 of 50Photo 40 of 50Photo 41 of 50Photo 42 of 50Photo 43 of 50Photo 44 of 50Photo 45 of 50Photo 46 of 50Photo 47 of 50Photo 48 of 50Photo 49 of 50Photo 50 of 50
  • 14 bedrooms
  • 3 bathrooms
  • 6 parking
  • 2000-2500 sq ft

Listed 70 days ago · MLS® X13663900

About this home

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!

Details

Type
Multiplex
Style
Sidesplit
Age
51-99 years
Size
2000-2500 sq ft
Lot
60 × 130 ft
Basement
Finished
Garage
None
Kitchens
3
Property tax
$9,864 (2025)
Municipality
Waterloo

Interior

Bedrooms
14 above ground
Bathrooms
1 × 3-piece (basement), 1 × 3-piece (main), 1 × 3-piece (main)
Rooms
17 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Baseboard, Electric
Water and sewer
Sewer

Building and exterior

Style
Sidesplit
Exterior
Brick Veneer
Roof
Asphalt Shingle
Age
51-99 years
Faces
North

Parking

Total parking
6

Lot

Size
60 × 130 ft

More

Possession
Immediate
Cross street
HOLLY ST & COLUMBIA ST W

Price history

DatePriceChange
Aug 11, 2026$1,449,000Listed
Oct 17, 2026$1,099,000−$350,000

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Listed by RE/MAX ULTIMATE REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Waterloo