3 Beds 2 Bath

38 High Street, Waterloo, ON N2L 3X8

Waterloo N2L 3X8 Ontario

MLS: X12744938

$734,900

Added 1 day ago | For Sale

Listed by: ROYAL LEPAGE SIGNATURE REALTY

About Property

Welcome To This Rare And Fully Compliant Investment Opportunity In The Heart Of Waterloo's Prime Student Corridor! This Well-Maintained 3+3 Bedroom Detached Bungalow Is Perfectly Positioned For Investors Seeking Strong, Consistent Rental Income In A High-Demand Location. The Main Floor Unit Offers Spacious Kitchen And Living Area, Three Generously Sized Bedrooms, and A Full Bathroom. The Legal Basement Unit Features Three Bedrooms, A Spacious Eat-In Kitchen, A Full Bathroom Providing Excellent Tenant Appeal And Privacy. This Property Boasts Two City Of Waterloo-Issued A3 Rental Licenses (3 Bedroom + 3 Bedroom) Making It A Fully Compliant And Turn-Key Student Rental Operation. Adding To Its Long-Term Value, The Property Is Located Within The Proposed Sugarbush South Initiative Under The City Of Waterloo's Housing Accelerator Fund, A Planning Framework Designed To Support And Fast-Track Higher-Density And "Missing Middle" Housing Opportunities. Situated Just Minutes From University Of Waterloo, Wilfrid Laurier University, Conestoga College, Public Transit, Shopping, Dining, And Everyday Amenities. Great For Investors or Parents Looking To House Their Kids While Attending Post Secondary School! A Rare Opportunity To Secure A Cash-Flowing Asset With Strong Upside Potential In One Of Waterloo's Most Desirable And Resilient Investment Locations.

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 50 X 130
  • Water:Municipal
  • Garage Spaces: /Carport
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Columbia St W & King St N
  • Basement:Apartment , Apartment
  • Possession Date:30/60 TBA
  • Annual Property taxes: $6131.21
  • Bedrooms:3 +3
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12744938

Level Type Features Dimensions
Main Living Room 21 ft, 3 in x 11 ft, 3 in
Kitchen 14 ft, 10 in x 11 ft, 4 in
Primary Bedroom 13 ft, 1 in x 9 ft, 5 in
Bedroom 2 12 ft, 6 in x 9 ft, 1 in
Bedroom 3 11 ft, 3 in x 9 ft, 1 in
Basement Kitchen 0 ft x 0 ft
Bedroom 4 11 ft, 11 in x 10 ft, 8 in
Bedroom 5 12 ft, 11 in x 7 ft, 3 in
Bedroom 14 ft, 9 in x 10 ft, 8 in
Utility Room 10 ft, 8 in x 9 ft, 10 in

No property rooms available.

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