38 High Street Waterloo, Ontario N2L 3X8
$779,900
Welcome To This Rare And Fully Compliant Investment Opportunity In The Heart Of Waterloo's Prime Student Corridor! This Well-Maintained 3+3 Bedroom Detached Bungalow Is Perfectly Positioned For Investors Seeking Strong, Consistent Rental Income In A High-Demand Location. The Main Floor Unit Offers Spacious Kitchen And Living Area, Three Generously Sized Bedrooms, and A Full Bathroom. The Legal Basement Unit Features Three Bedrooms, A Spacious Eat-In Kitchen, A Full Bathroom Providing Excellent Tenant Appeal And Privacy. This Property Boasts Two City Of Waterloo-Issued A3 Rental Licenses (3 Bedroom + 3 Bedroom) Making It A Fully Compliant And Turn-Key Student Rental Operation. 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. Great For Investors or Parents Looking To House Their Kids While Attending Post Secondary School! 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:47351)
Property Details
| MLS® Number | X12744938 |
| Property Type | Single Family |
| Amenities Near By | Park, Public Transit, Schools |
| Features | In-law Suite |
| Parking Space Total | 4 |
| View Type | View |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Architectural Style | Bungalow |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick Veneer |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Carport | |
| Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 130 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 130 Ft |
| Size Total Text | 50 X 130 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Kitchen | Measurements not available | ||
| Basement | Bedroom 4 | 3.63 m | 3.25 m | 3.63 m x 3.25 m |
| Basement | Bedroom 5 | 3.94 m | 2.2 m | 3.94 m x 2.2 m |
| Basement | Bedroom | 4.5 m | 3.25 m | 4.5 m x 3.25 m |
| Basement | Utility Room | 3.25 m | 3 m | 3.25 m x 3 m |
| Main Level | Living Room | 6.48 m | 3.43 m | 6.48 m x 3.43 m |
| Main Level | Kitchen | 4.52 m | 3.45 m | 4.52 m x 3.45 m |
| Main Level | Primary Bedroom | 3.99 m | 2.87 m | 3.99 m x 2.87 m |
| Main Level | Bedroom 2 | 3.81 m | 2.77 m | 3.81 m x 2.77 m |
| Main Level | Bedroom 3 | 3.43 m | 2.77 m | 3.43 m x 2.77 m |
https://www.realtor.ca/real-estate/29309170/38-high-street-waterloo
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January 31 2026 07:40:24
Toronto Regional Real Estate Board
Royal LePage Signature Realty