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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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 Peter Guzzo to schedule a viewing or to discover other Waterloo properties for sale.

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