$734,900
$734,900
Detached38 High Street, Waterloo, ON
50 DAYSon market
3+3Bedrooms
2Bathrooms
1Garage
700-1100Sq Ft




































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Listed by ROYAL LEPAGE SIGNATURE REALTY
Listed by ROYAL LEPAGE SIGNATURE REALTY
Property Highlights
Garage
1 space
Property Tax
$6,131/yr
Lot Size
6,500 sqft
Style
Bungalow
Basement
Apartment
Monthly Cost
$3,614/mo
About This Home
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.
Monthly Cost
Monthly Mortgage$3,103
Property Tax ($6,131/yr)$511
Total$3,614
Price & Listing History
Schools
Location
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Rooms
Main Level
Living Room: 6.48m × 3.43m
Kitchen: 4.52m × 3.45m
Bedroom 3: 3.43m × 2.77m
Bedroom 2: 3.81m × 2.77m
Primary Bedroom: 3.99m × 2.87m
Basement Level
Bedroom 5: 3.94m × 2.20m
Bedroom: 4.50m × 3.25m
Utility Room: 3.25m × 3.00m
Kitchen: 0.0 × 0.0
Bedroom 4: 3.63m × 3.25m
Main Level
Living Room: 6.48m × 3.43m
Kitchen: 4.52m × 3.45m
Bedroom 3: 3.43m × 2.77m
Bedroom 2: 3.81m × 2.77m
Primary Bedroom: 3.99m × 2.87m
Basement Level
Bedroom 5: 3.94m × 2.20m
Bedroom: 4.50m × 3.25m
Utility Room: 3.25m × 3.00m
Kitchen: 0.0 × 0.0
Bedroom 4: 3.63m × 3.25m
