54 HIGH Street, Waterloo, Ontario N2L 3X8
$938,000.00
- 5 bedrooms
- 3 bathrooms
- 2,214 Square Feet
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 ... read more
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. (id:25417)
- Listing ID: 40708528
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | Attached Garage 5 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dryer, Refrigerator, Stove, Washer and Central Vacuum |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Electric, Natural Gas |
| Exterior: | Brick, Concrete and Wood Concrete Block, Concrete Walls, Wood Frame (Construction Material) |
| Basement: | Full (Finished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Municipality: | Waterloo |
| Province: | Ontario |
| Nearby Amenities: | High Traffic Area, Hospital, Place Of Worship, Public Transit, Schools and Shopping |
| Rooms | Level | Dimensions |
|---|---|---|
| Kitchen | Second level | 16'7'' x 9'4'' |
| Dining room | Second level | 17'2'' x 11'1'' |
| Living room | Second level | 17'10'' x 17'0'' |
| 4pc Bathroom | Third level | Measurements not available |
| Bedroom | Third level | 12'6'' x 12'7'' |
| Bedroom | Third level | 8'11'' x 13'0'' |
| Bedroom | Third level | 11'2'' x 13'0'' |
| 3pc Bathroom | Basement | Measurements not available |
| Bedroom | Basement | 10'7'' x 15'6'' |
| Bedroom | Basement | 12'7'' x 10'0'' |
| Office | Main level | 7'9'' x 6'6'' |
| 3pc Bathroom | Main level | Measurements not available |
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