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45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo
  • 45 HIGH STREET Waterloo

45 HIGH STREET, Waterloo, Ontario

$899,999

  • 8 Beds
  • 2 Baths

Fantastic Investment Opportunity Prime Location Near Wilfred Laurier University! This turnkey property is fully rented to a mix of students and working professionals, generating a strong and consistent rental income of $550 per room across 8 spacious bedrooms, totalling $52,800 annually. Located just 900 meters (a 10-minute walk) from Laurier University, and a short 15-minute bus ride to the University of Waterloo, this property offers exceptional rental demand in one of Ontario's top university towns. Significant recent updates include a fully renovated main floor bathroom (new shower, modern tile flooring, and toilet in 2023), as well as a beautifully refreshed basement bathroom with new modern tile flooring. The property also boasts brand-new plumbing throughout (2023) and a new AC/Heating system (2022) for year-round comfort. The detached garage, with a new roof (2022), offers additional storage or potential for extra income. Both units feature in-suite laundry, and the property is fully licensed with Class D2 (five bedrooms) and Class A3 (three bedrooms) rental licenses in place. This is an excellent, cash-flow-positive opportunity for investors looking to capitalize on the high demand for student and professional housing in this vibrant, high-traffic area. With the property fully rented and strong cash flow already in place, this is a rare chance to own a well-maintained, income-generating asset in a prime location. Investor worksheet available upon request. (id:23309)

  • Listing ID: X10427607
  • Property Type: Single Family
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Rooms

LevelTypeDimensions
Bedroom 3 Basement 3.1 m x 3.38 m
Kitchen Basement 3.43 m x 2.77 m
Recreational, Games room Basement 3.73 m x 4.06 m
Bedroom Basement 3.51 m x 3.12 m
Bedroom 2 Basement 3.05 m x 3.38 m
Kitchen Main level 6.6 m x 4.78 m
Bedroom Main level 2.74 m x 2.99 m
Bedroom 2 Main level 3.48 m x 3.02 m
Bedroom 3 Main level 2.95 m x 2.54 m
Bedroom 4 Main level 3.48 m x 3.43 m
Bedroom 5 Main level 3.43 m x 2.76 m

Details

  • Architectural Style: Bungalow
  • Amenities Nearby: Schools, Place of Worship, Park, Public Transit
  • Community Features: School Bus
  • Features: Carpet Free
  • Ownership: Freehold
  • Parking Spaces: 5
  • Transaction: For sale

Building

  • Architectural Style: Bungalow
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Basement Features: Separate entrance
  • Bedrooms Main Level: 5
  • Bedrooms Lower Level: 3
  • Construction Style Attachment: Detached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Stories Total: 1
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Schools, Place of Worship, Park, Public Transit
  • Sewer: Sanitary sewer
  • Size Frontage: 50 ft
  • Size Irregular: 50 x 130 FT
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Listing provided by FORTUNE HOMES REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 45 HIGH STREET in Waterloo Ontario. It was last modified on November 16th, 2024. Contact Allan-John Boulanger to schedule a viewing or to discover other Waterloo properties for sale.

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