54 High Street Waterloo, Ontario N2L 3X8
MLS# 40708528 - Buy this house, and I'll buy Yours*

$938,000

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:51158)

Property Details

MLS® Number	40708528
Property Type	Single Family
Amenities Near By	Hospital, Place Of Worship, Public Transit, Schools, Shopping
Community Features	High Traffic Area
Equipment Type	None
Features	Paved Driveway
Parking Space Total	5
Rental Equipment Type	None

About 54 High Street, Waterloo, Ontario

This For sale Property is located at 54 High Street is a Detached Single Family House, in the City of Waterloo. Nearby amenities include - Hospital, Place of Worship, Public Transit, Schools, Shopping. This Detached Single Family has a total of 5 bedroom(s), and a total of 3 bath(s) . 54 High Street has Forced air heating and Central air conditioning. This house features a Fireplace.

The Second level includes the Kitchen, Dining Room, Living Room, The Third level includes the 4pc Bathroom, Bedroom, Bedroom, Bedroom, The Basement includes the 3pc Bathroom, Bedroom, Bedroom, The Main level includes the Office, 3pc Bathroom, The Basement is Finished.

This Waterloo House's exterior is finished with Brick, Concrete, Wood. Also included on the property is a Attached Garage

The Current price for the property located at 54 High Street, Waterloo is $938,000 and was listed on MLS on :2025-03-20 19:34:08. The current average price in the city of is $0.00. The lowest price listed on MLS for a listing is $0.00. The highest priced 's in the area is prices at $0.00. The city of has 0 - 's listed on the MLS System.

Building

Bathroom Total	3
Bedrooms Above Ground	3
Bedrooms Below Ground	2
Bedrooms Total	5
Appliances	Central Vacuum, Dryer, Refrigerator, Stove, Washer
Basement Development	Finished
Basement Type	Full (finished)
Construction Material	Concrete Block, Concrete Walls, Wood Frame
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Brick, Concrete, Wood
Foundation Type	Poured Concrete
Heating Fuel	Electric, Natural Gas
Heating Type	Forced Air
Size Interior	2214 Sqft
Type	House
Utility Water	Municipal Water

Parking

Attached Garage

Land

Access Type	Road Access
Acreage	No
Land Amenities	Hospital, Place Of Worship, Public Transit, Schools, Shopping
Sewer	Municipal Sewage System
Size Depth	130 Ft
Size Frontage	51 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	Sr2

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Kitchen			16'7'' x 9'4''
Second Level	Dining Room			17'2'' x 11'1''
Second Level	Living Room			17'10'' x 17'0''
Third Level	4pc Bathroom			Measurements not available
Third Level	Bedroom			12'6'' x 12'7''
Third Level	Bedroom			8'11'' x 13'0''
Third Level	Bedroom			11'2'' x 13'0''
Basement	3pc Bathroom			Measurements not available
Basement	Bedroom			10'7'' x 15'6''
Basement	Bedroom			12'7'' x 10'0''
Main Level	Office			7'9'' x 6'6''
Main Level	3pc Bathroom			Measurements not available

https://www.realtor.ca/real-estate/28051820/54-high-street-waterloo