131 Herron Place

If you’re on the lookout for an exceptional investment opportunity or perhaps a spacious abode to accommodate extended family, then look no further than this Multi-Family Home for sale in Waterloo . Nestled at 131 Herron Place, Waterloo, this property is a legal duplex that truly has it all. With over 2,400 square feet of living space, it’s an ideal choice for those seeking versatility and comfort in a thriving community.

The property boasts a generous layout, featuring four bedrooms and two full bathrooms, making it perfect for families or those wanting a mortgage helper. The upper unit presents a delightful living space, complete with a spacious living room and dining area, along with a brand-new modern kitchen fitted with stunning quartz countertops. Additionally, there are three roomy bedrooms and a full four-piece bathroom equipped with laundry facilities.

The lower unit, which has its own separate entrance and walk-out access, is equally impressive. It welcomes you with a spacious foyer that leads into a sizeable living room. Here, you’ll find another modern kitchen, this time featuring elegant granite countertops, as well as a comfortable bedroom and a three-piece bathroom, complete with its own laundry facilities. Both units are designed to offer privacy and comfort, making this Multi-Family Home for sale in Waterloo a fantastic investment.

The outdoor space is just as inviting, with a fully fenced backyard that provides a safe haven for children and pets alike. The recently built side deck is perfect for summer barbecues or simply relaxing with a good book. There’s ample storage available, ensuring that you have plenty of room for all your belongings. This property truly caters to those who enjoy entertaining family and friends, with plenty of space to do so.

Located at 131 Herron Place, Waterloo, this home is situated in a family-friendly neighbourhood, making it ideal for those with children. You’ll find yourself just a stone’s throw away from all essential amenities, including schools, parks, and major highways. Notably, the University of Waterloo and Wilfrid Laurier University are nearby, along with shopping plazas such as the Boardwalk Plaza. This convenient location enhances the appeal of this Multi-Family Home for sale in Waterloo, ensuring that you’re never far from what you need.

In terms of updates, this property has been well-maintained and boasts several recent improvements. The upper unit has new flooring throughout the living, dining, kitchen, and common areas, providing a fresh and modern feel. Both kitchens were updated in 2025, ensuring that they are not only stylish but also functional. The lower unit has seen electrical updates in 2025, while the roof was replaced in 2018, as per the previous owner. Other enhancements include a tankless hot water heater installed in 2025 and freshly painted interiors in 2024.

With a lot size of 36 X 113 acres and an attached garage offering space for one vehicle, along with a private single-wide driveway accommodating up to three cars, parking will never be an issue. The property is equipped with central air conditioning for those warmer months and features a fireplace for cosy winter evenings. Additionally, a water softener and freezer are included, adding to the convenience of this lovely home.

Don’t let this rare opportunity slip through your fingers. Whether you’re looking for a solid investment or a comfortable family home, this Multi-Family Home for sale in Waterloo at 131 Herron Place, Waterloo, is a must-see. Book your showing today and come experience all that this property has to offer!

Westvale, located in the vibrant city of Waterloo, is a charming residential area that offers a delightful blend of suburban tranquillity and urban convenience. Nestled amidst lush green spaces and well-maintained parks, this community is ideal for families and individuals alike, providing a safe and welcoming environment. With easy access to local amenities, including shops, schools, and recreational facilities, residents can enjoy a balanced lifestyle. The area is well-connected by public transport, making it simple to explore the broader Waterloo region. Whether you're seeking a peaceful retreat or an active community life, Westvale presents an appealing option for prospective residents.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 1.1 km, you will find Westvale Public School, which offers both English and French language programs for grades JK to 6, and boasts a solid school rating of 6.2. Additionally, Holy Rosary Catholic Elementary School, only 0.5 km away, provides a strong Catholic education in both English and French for grades JK to 8, with a commendable rating of 7. For older students, Resurrection Catholic Secondary School is a mere 0.2 km from the property, offering grades 9 to 12 with a rating of 6.2. Other nearby schools include A.R. Kaufman Public School and Forest Heights Collegiate Institute, which, while slightly further away, contribute to a diverse educational landscape. Overall, this area offers a variety of public and Catholic schooling options, catering to different educational needs and preferences, ensuring that your children have access to quality education within a short distance from home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 450 residents, with an average household size of 2.7 individuals. The demographic profile indicates a mature community, with an average age of 41.1 years. Economic conditions are relatively strong, highlighted by an average household income of $97,000 and a low-income rate of just 3.2%. The housing market reflects this economic stability, with an average property price of $610,000. The community is characterized by a diverse social structure, with 35.14% of residents being single and 50% of households having children. Additionally, 23.75% of the population consists of immigrants, contributing to the area's cultural richness. Notably, there are no renters or condominiums in the vicinity, suggesting a predominantly owner-occupied housing environment. Education levels are high, with 72.31% of residents holding a college or university degree. However, a significant portion of the population, 29.23%, is not actively participating in the labor force, which may reflect various socio-economic factors. Overall, this area presents a stable and educated community with a mix of family-oriented households and a strong economic foundation.