ON > Waterloo
Waterloo, ON N2L3X7,45 HIGH STREET
Waterloo, ON N2L3X7,45 HIGH STREET
Waterloo, ON N2L3X7,45 HIGH STREET
Waterloo, ON N2L3X7,45 HIGH STREET
Waterloo, ON N2L3X7,45 HIGH STREET
Waterloo, ON N2L3X7,45 HIGH STREET
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Kevin Lal

Kevin Lal

+1(778) 242-6309
$ 899,999
Est. payment | /mo

8 Beds

2 Baths

Save
$ 899,999
Est. payment | /mo
Save

8 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS® Listing ID X10427607

Style Bungalow

Bedrooms 8

Originating Board Toronto Regional Real Estate Board

Property Description

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. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Basement 3.1 m X 3.38 m Bedroom 3

Extra Room 2 Basement 3.43 m X 2.77 m Kitchen

Extra Room 3 Basement 3.73 m X 4.06 m Recreational, Games room

Extra Room 4 Basement 3.51 m X 3.12 m Bedroom

Extra Room 5 Basement 3.05 m X 3.38 m Bedroom 2

Extra Room 6 Main level 6.6 m X 4.78 m Kitchen

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Garage Yes

Community Features School Bus

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by FORTUNE HOMES REALTY INC.
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+1(778) 242-6309

kevinlaltherealtor@gmail.com

# 200 8661 201 Street, Langley, V2Y, 0G9, Canada

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45 HIGH STREET