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Basara.

Waterloo · Glenridge/Lincoln Heights · Multi-family · MLS# 40793236

27 MARGARET Avenue N

$1,150,000

5

bed

3

bath

2,726

sqft

Multi-family · $422/sqft

Ask an agent about this property

Listed December 14, 2025

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! (id:59491)

The full record.

Property typeMulti-family
Square footage2,726 sqft
Lot size0
Bedrooms5
Bathrooms3
HeatingForced air
CoolingNone
ListedDecember 14, 2025

How this listing prices against Glenridge/Lincoln Heights.

10

Sales

$676,250

Median price

27

Days on market

96.1%

% of list

30

Active listings

N/A

Months supply

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($230,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$5,266

Principal$920,000
Total interest$659,880
Total paid$1,579,880

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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27 MARGARET Avenue N, Waterloo — $1,150,000