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 Legal Duplex 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, 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. 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:49187)
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 - 1100 Sqft |
| 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 05:10:23
Toronto Real Estate Board
Royal LePage Signature Realty