For Sale: 367 Holly Street N, Waterloo, ON - REW
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$1,449,000
14 bd • 3 ba • 2000 - 2500 sf • House
367 Holly Street N
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$1,449,000
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367 N Holly StreetWaterloo, ON, N2L 4G2

  • 14 Bed
  • 3 Bath
  • 2000 - 2500 Sqft
  • House

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!
Listed by: Hiren Bharucha, Salesperson, RE/MAX ULTIMATE REALTY INC.

Home facts and features

Price details
List Price
$1,449,000
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Gross Taxes for 2025
$9,864
Home facts
Bedrooms
14
Full Bathrooms
3
Parking Spaces
6
Property Type
House
Lot Size
60 ft x 130 ft (7800 ft²)
Depth
130.0
Frontage
60.0
Year Built
51 - 99 yrs old
Exterior Finish
Brick Veneer
Heating Type
Baseboard, Electric
Basement Details
Finished
Agent details
Primary Agent
Hiren Bharucha
Primary Broker
RE/MAX ULTIMATE REALTY INC.
Secondary Agent
Shailesh Patel
Secondary Broker
RE/MAX ULTIMATE REALTY INC.
Listing details
Days on REW
1 Day
MLS® Number
X13663900
Source
Toronto Real Estate Board
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Property Insights

St David Catholic Secondary School
  • Catholic
  • 9 - 12
Waterloo Collegiate Institute
  • Public
  • 9 - 12
Winston Churchill Public School
  • Public
  • JK - 6
MacGregor Public School
  • Public
  • 6 - 8
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
Lincoln Heights Public School
  • Public
  • JK - 8
Cedarbrae Public School
  • Public
  • JK - 6
É Élém L'Harmonie
  • Public
  • JK - 8
Sandowne Public School
  • Public
  • JK - 6
Elizabeth Ziegler 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
Salesperson
Hiren Bharucha
Phone:
647-966-7313
Office:
416-530-1080
Salesperson
Shailesh Patel
Phone:
(647) 877-7766
Cell:
647-877-7766
Office:
416-530-1080
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