Unknown for 54 High St, Waterloo Ontario N2L 3X8
9 days on Market

54 High St, Waterloo, Ontario N2L 3X8

Detached
3 + 2
3
~2214 sqft
$938,000
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$9,380Cashback
Detached
3 + 2
3
~2214 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$423/sqft

Est. Mortgage$4,028/mo

Tax Amount (2024)$6,706/yr

Days On Market9 days


Description

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.


Property Details

StyleSidesplit
View-
Age of property-
SqFt~2214 SqFt
Lot Size6,630 SqFt(130 x 51)
Parking Spaces5
MLS ®Number40708528
Community NameColumbia
Data SourceITSO
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Electric, Forced Air, Natural Gas
Central Vacuum
Cooling: Central Air
Basement: Full, Finished

Main Floor

Bathroom

3-Piece

Office

2.36 x 1.98


Features

Lot size: 6,630 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 4

Total parking spaces 5


Property History

Mar 20, 2025
ListedActive
$938,000
9 days on market
history photo preview23
Listing by itso®
Property listed by ROYAL LEPAGE WOLLE REALTY, Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

20 to 34
64%
0 to 19
15%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

Schools and amenities

Estimated Budget