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Property at 54 HIGH Street image 1
Property at 54 HIGH Street image 2
Property at 54 HIGH Street image 3
Property at 54 HIGH Street image 4
Property at 54 HIGH Street image 5
23

$938,000

54 HIGH Street
Waterloo, Ontario, Ontario, N2L3X8

MLS® Number: 40708528
Listed 92 days ago
5 3

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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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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