45 High Street, Waterloo | Image 1

45 High Street

Waterloo

  • 5 bed 2 bath
$899,999 est.*: $3,049/mo
For Sale

Added 2 months ago

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  • Type: Detached

  • Style: Bungalow

  • Lot Size: 50 x 130 Feet

  • Age: No Data

  • Taxes: $6,515 per year

  • Days on Site: 88 Days

  • Added: Nov 13, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X10427607

  • Listed By: Fortune homes realty inc.

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.

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.

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: Bungalow

  • Area: Waterloo

  • Availability Date: Flexible

Inside

  • Bedrooms: 5

  • Bedrooms Plus: 3

  • Bathrooms: 2

  • Kitchens: 1

  • Kitchens Plus: 1

  • Rooms: 11

  • Den/Family Room: Yes

  • Air Conditioning: Central Air

  • Fireplace: No

  • Washrooms: 2

Building

  • Basement: Finished

  • Basement 2: Sep Entrance

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Spaces: 1

  • Garage Type: Detached

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 5

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 10 PL 1037 CITY OF WATERLOO; WATERLOO

  • Taxes: $6,515

Highlights

  • Feature: Library

  • Feature: Park

  • Feature: Place Of Worship

  • Feature: Public Transit

  • Feature: School

  • Feature: School Bus Route

Land

  • Cross Street: King Street & Columb

  • Municipality District: Waterloo

  • Fronting On: North

  • Parcel Number: 222770041

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 130 Feet

  • Lot Frontage: 50 Feet

  • Acres: < .50

  • Waterfront: None

Rooms

Room details for 45 High Street, Waterloo

Type Dimensions
Kitchen Main 4.78 x 6.60
Br Main 2.99 x 2.74
2nd Br Main 3.02 x 3.48
3rd Br Main 2.54 x 2.95
4th Br Main 3.43 x 3.48
5th Br Main 2.76 x 3.43
Kitchen Bsmt 2.77 x 3.43
Rec Bsmt 4.06 x 3.73
Br Bsmt 3.12 x 3.51
2nd Br Bsmt 3.38 x 3.05
3rd Br Bsmt 3.38 x 3.10
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Very Walkable

  • Most errands can be accomplished on foot.
82 /100

Good Transit

  • Some errands can be accomplished by public transportation.
65 /100

Very Bikeable

  • Most errands can be accomplished on bike.
75 /100
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Map of 45 High Street, Waterloo
JK-3

KidsAbility School

Elementary: Hospital
2.19 km
JK-6

ÉÉC Mère-Élisabeth-Bruyère

Elementary: Catholic
1.66 km
JK-6

Winston Churchill Public School

Elementary: Public
0.60 km
JK-8

Our Lady of Lourdes Catholic Elementary School

Elementary: Catholic
2.44 km
JK-6

Cedarbrae Public School

Elementary: Public
1.78 km
6-8

MacGregor Public School

Elementary: Public
1.25 km
9-12

St David Catholic Secondary School

Secondary: Catholic
0.37 km
Pre-Grade 9-12

Forest Heights Collegiate Institute

Secondary: Public
6.22 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
3.33 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
2.55 km
Pre-Grade 9-12

Waterloo Collegiate Institute

Secondary: Public
0.19 km
9-12

Resurrection Catholic Secondary School

Secondary: Catholic
4.64 km

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