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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13663900For SaleMultiplex

367 Holly St

Waterloo, Ontario N2L 4G2

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367 Holly St, Waterloo, photo 1
Asking$1,099,000
Bedrooms
14
Bathrooms
3
Size
2,000–2,500sq ft
Per sq ft
$488at the range’s middle
Lot
60 x 130 ft
Tax a year
$9,8642025 tax year
Built
51-99
Parking
6none
Days on market
Members

The brief

About 367 Holly St

367 Holly St is a 14-bedroom, 3-bathroom multiplex in Waterloo, listed for sale at an asking price of $1,099,000 (MLS® X13663900).

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!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$9,864 / 2025
MLS® number
X13663900
Board
TRREB MLS®
Property Type
Multiplex
Building Age
51-99
Days on market
Size
2000-2500 sqft
Lot Size
60 x 130 ft
Listed on
Parking
None, 6 Parking
Listing brokerage: RE/MAX ULTIMATE REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Multiplex
Style
Sidesplit
Municipality
Waterloo

Building

Size
2000-2500 sqft
Building Age
51-99
Construction
Brick Veneer

Inside

Bedrooms
14
Bathrooms
3
Bathroom Details
1 × 3pc Bsmt, 1 × 3pc Main, 1 × 3pc Main
Basement Type
Finished
Kitchens
3

Parking

Garage Type
None
Additional Parking
6
Total Parking
6

Utilities

Water
Municipal
Cooling
None
Heating Type
Baseboard

Land

Sewer
Sewers
Frontage
60 ft
Depth
130 ft
Lot Size
60 x 130 ft

Additional

Foundation
Other
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
All Appliances & All Electric Light Fixtures.

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 367 Holly St, Waterloo, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,099,000N/APcX13663900

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $219,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$219,800
Total mortgage amount
$879,200
Total interest payment
$625,000
Total purchase cost
$1,724,000
Mortgage payment
$5,014/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$5,836
−$5,836per month
  • Rent $0
  • Shortfall $5,836

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$18,455
Total land transfer tax
$18,455
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$14,455
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,099,000
$13,980
Ontario total
$18,455

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
7,800 sq ft725 m²
Street frontage
60 ft18.3 m
Depth
130 ft39.6 m
60 × 130 ftHOLLY ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 6 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 3.7 m below ground nearbyBedrock about 43.9 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m10 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 3.7 m below ground nearbyThe middle water level in the well records within 500 m (100 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 43.9 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is E Craftsmen Corporation — E CRAFTSMEN CORPORATION - WATERLOO, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Enova Power Corp.At the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Multiplexes for sale in Waterloo right now

For sale now
6
Median asking price
$2.8M

Middle half: $1.35M to $5.36M

New in 7 days
0

0 in 28 days

Price cuts
17%

1 listing

This home is asking 61% below the median, lower than three quarters of them.

See all homes in Waterloo

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Research and TechnologyGRT light rail: ION light rail1.3 km
University of WaterlooGRT light rail: ION light rail1.3 km
Laurier - Waterloo ParkGRT light rail: ION light rail1.5 km
ConestogaGRT light rail: ION light rail1.9 km
Kitchener GOGO Transit train: Kitchener4.1 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Winston Churchill Public SchoolWaterloo Region DSBPublic · grades JK–6600 m80%Grade 6 average
ÉÉC Mère-Élisabeth-BruyèreConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–61.5 km85%Grade 6 average
Lincoln Heights Public SchoolWaterloo Region DSBPublic · grades JK–81.7 km66%Grade 6 average
Sir Edgar Bauer Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–8 · French Immersion2.3 km75%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Waterloo Collegiate InstituteWaterloo Region DSBPublic · grades 9–12250 m57%Grade 9 math
St David Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–12 · French Immersion300 m67%Grade 9 math
Bluevale Collegiate InstituteWaterloo Region DSBPublic · grades 9–122.5 km75%Grade 9 math
Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSBPublic · grades 9–12 · French Immersion3.3 km73%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Email Kassaundra Dobson, Broker of Record