38 High Street, Waterloo, ON N2L 3X8 (Columbia St W & King St N)
$ 779900 - MLS : X12744938

From Our Gallery

Description

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.

Location Description

Columbia St W & King St N

Property Detail

Facts and Features

Amenities

Listing Contracted With: ROYAL LEPAGE SIGNATURE REALTY