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.
ROYAL LEPAGE WOLLE REALTY
$938,000
54 High Street, Waterloo, Ontario
5 Bedrooms
3 Bathrooms
Property
MLS® Number: 40708528
Address: 54 High Street
City: Waterloo
Style: Sidesplit
Exterior: Brick, Block, Wood Siding
Lot Size: 130.0ft x 51.0ft
Utilities
Central Air: Yes
Heating: Electric, Forced Air, Natural Gas
Parking
Parking Spaces: 5
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Property Sale History
Travel and Neighbourhood
80/100Walk Score®
Very Walkable
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Location
