45 High Street Waterloo, Ontario N2L 3X7
MLS# X10427607 - Buy this house, and I'll buy Yours*

$899,999

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. **** EXTRAS **** All existing light fixtures, all existing window coverings, all existing kitchen appliances (2 fridges, 2 stoves, Hood fans) All existing clothes washer and dryer. (id:51158)

Property Details

MLS® Number	X10427607
Property Type	Single Family
Amenities Near By	Schools, Place Of Worship, Park, Public Transit
Community Features	School Bus
Features	Carpet Free
Parking Space Total	5

About 45 High Street, Waterloo, Ontario

This For sale Property is located at 45 High Street is a Detached Single Family House Bungalow, in the City of Waterloo. Nearby amenities include - Schools, Place of Worship, Park, Public Transit. This Detached Single Family has a total of 8 bedroom(s), and a total of 2 bath(s) . 45 High Street has Forced air heating and Central air conditioning. This house features a Fireplace.

The Basement includes the Bedroom 3, Kitchen, Recreational, Games Room, Bedroom, Bedroom 2, The Main level includes the Kitchen, Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, The Basement is Finished and features a Separate entrance.

This Waterloo House's exterior is finished with Brick. Also included on the property is a Detached Garage

The Current price for the property located at 45 High Street, Waterloo is $899,999 and was listed on MLS on :2024-11-16 18:21:34

Building

Bathroom Total	2
Bedrooms Above Ground	5
Bedrooms Below Ground	3
Bedrooms Total	8
Architectural Style	Bungalow
Basement Development	Finished
Basement Features	Separate Entrance
Basement Type	N/a (finished)
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Foundation Type	Poured Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	1
Type	House
Utility Water	Municipal Water

Parking

Detached Garage

Land

Acreage	No
Land Amenities	Schools, Place Of Worship, Park, Public Transit
Sewer	Sanitary Sewer
Size Depth	130 Ft
Size Frontage	50 Ft
Size Irregular	50 X 130 Ft
Size Total Text	50 X 130 Ft|under 1/2 Acre

Rooms

Level	Type	Length	Width	Dimensions
Basement	Bedroom 3	3.1 m	3.38 m	3.1 m x 3.38 m
Basement	Kitchen	3.43 m	2.77 m	3.43 m x 2.77 m
Basement	Recreational, Games Room	3.73 m	4.06 m	3.73 m x 4.06 m
Basement	Bedroom	3.51 m	3.12 m	3.51 m x 3.12 m
Basement	Bedroom 2	3.05 m	3.38 m	3.05 m x 3.38 m
Main Level	Kitchen	6.6 m	4.78 m	6.6 m x 4.78 m
Main Level	Bedroom	2.74 m	2.99 m	2.74 m x 2.99 m
Main Level	Bedroom 2	3.48 m	3.02 m	3.48 m x 3.02 m
Main Level	Bedroom 3	2.95 m	2.54 m	2.95 m x 2.54 m
Main Level	Bedroom 4	3.48 m	3.43 m	3.48 m x 3.43 m
Main Level	Bedroom 5	3.43 m	2.76 m	3.43 m x 2.76 m

https://www.realtor.ca/real-estate/27658326/45-high-street-waterloo