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MLS® 40802003

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 1001 sqft
Garage No
Taxes $6,131
Days Active 0
Lot Size 
Approx. Age 1960
Avg. Price Per Sqft $779
MLS® Number 40802003

Property Address: 38 High St, Waterloo, ON, N2L3X8

Average square foot calculated using Size range provided by listing agent.

Description

Welcome To This Rare And Fully Compliant Investment Opportunity In The Heart Of Waterloo's Prime Student Corridor! This Well-Maintained 3+3 Bedroom Legal Duplex Is Perfectly Positioned For Investors Seeking Strong, Consistent Rental Income In A High-Demand Location. The Main Floor Unit Offers An Open Concept Kitchen And Living Area, Three Generously Sized Bedrooms, A Full Bathroom, And Separate In-Unit Laundry. The Legal Basement Unit Features Three Bedrooms, A Spacious Eat-In Kitchen, A Full Bathroom, And Its Own Private Laundry, Providing Excellent Tenant Appeal And Privacy. This Property Boasts Two City Of Waterloo-Issued Rental Licenses (3 Bedroom + 3 Bedroom) And Holds A City-Approved Class A3 Rental License, Making It A Fully Compliant And Turn-Key Student Rental Operation - A True Rarity In Today's Market. 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, This Property Is Ideally Located In An Established And Highly Sought-After Student Rental Area. A Rare Opportunity To Secure A Cash-Flowing Asset With Strong Upside Potential In One Of Waterloo's Most Desirable And Resilient Investment Locations. (id:58753)Show Description
MLS® Number40802003
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1960
BasementFinished, Full
DrivewayCarport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Kitchen:Main Floor14.84 × 11.34 ft
Bedroom 1:Main Floor12.5 × 9.09 ft
Other:BasementNot available
Utility Room:Basement10.67 × 9.84 ft
Master Bedroom:Main Floor13.09 × 9.42 ft
Living Room:Main Floor21.25 × 11.25 ft

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Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
-End Date
Not Sold YetSold Price

For Sale

Jan 31, 2026List Date
$779,900List Price
  • Commute

Commute

Starting Address
Destination Address
38 High St, Waterloo, ON

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