For Sale: 27 Margaret Avenue N, Waterloo, ON - REW
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$1,100,000
5 bd • 3 ba • 2726 sf • Multifamily
27 Margaret Avenue N
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$1,100,000
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27 Margaret Avenue NWaterloo, ON, N2J 3P2

  • 5 Bed
  • 3 Bath
  • 2726 Sqft
  • Multifamily

About this home

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!
Listed by: Erin Griesbaum, CITIMAX REALTY LTD.

Home facts and features

Price details
List Price
$1,100,000
Get Pre-Approved
Gross Taxes for 2026
$5,053
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
5
Property Type
Multifamily
Lot Size
60 ft x 0 ft (0 ft²)
Depth
0.0
Frontage
60.0
Heating Type
Forced Air
Basement Details
Separate Entrance,Full,Finished
Features
Balcony, Coin Operated, Smoke Detector
Appliances
Common Area Washer And Dryer, Range Hood X 3, Refrigerator X 3, Stove X 3
Agent details
Primary Agent
Primary Broker
CITIMAX REALTY LTD.
Listing details
Days on REW
176 Days
Property Views
19
MLS® Number
40793236
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Property Insights

St Agnes Catholic Elementary School
  • Catholic
  • JK - 8
É Élém L'Harmonie
  • Public
  • JK - 8
Bluevale Collegiate Institute
  • Public
  • 9 - 12
Elizabeth Ziegler Public School
  • Public
  • JK - 6
Lincoln Heights Public School
  • Public
  • JK - 8
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
St Teresa Catholic Elementary School
  • Catholic
  • JK - 8
MacGregor Public School
  • Public
  • 6 - 8
Waterloo Collegiate Institute
  • Public
  • 9 - 12
Sandowne Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Erin Griesbaum
Phone:
(519) 578-3300
Cell:
519-575-2882
Office:
519-578-3300
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.