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$938,000
54 HIGH Street
Waterloo, Ontario, Ontario, N2L3X8
MLS® Number: 40708528
Property description
Prime Investment Opportunity – 5-Bedroom Licensed Rental with Future Development Potential! This rare 5-bedroom, 3-full-bath single detached home is a turnkey investment featuring a single deep garage with 4 parking spaces in the driveway. Holding a Class D - Class 2 rental license and located just minutes from two major universities, this property is ready for immediate rental income. Recent upgrades include 2019 air conditioners and a hot water heater, as well as bathroom sink updates from 2019-2020. The home also offers a main floor office for remote work and boasts new flooring in the third-floor bedrooms, while an insulated garage door adds to its energy efficiency. Incorporated with the city’s “Missing Middle” housing initiative, this property is currently undergoing a zoning change that will allow for multi-unit development, unlocking exciting opportunities for expansion or redevelopment. Don’t miss this unique chance to secure a high-demand rental in a prime location with significant future value potential! For more details on the zoning changes, visit: Waterloo HAF Initiative.
Building information
Type
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Appliances
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Basement Development
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Basement Type
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Construction Material
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Utility Water
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Land information
Access Type
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Amenities
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Sewer
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Size Depth
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Size Frontage
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Size Total
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Rooms
Main level
3pc Bathroom
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Office
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Basement
Bedroom
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Bedroom
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3pc Bathroom
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Third level
Bedroom
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Bedroom
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Bedroom
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4pc Bathroom
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Second level
Living room
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Dining room
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Kitchen
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Courtesy of ROYAL LEPAGE WOLLE REALTY
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