54 HIGH Street, Waterloo, Ontario
$938,000
- 5 Beds
- 3 Baths
- 2,214 Square Feet
Prime Investment Opportunity – 5-Bedroom Licensed Rental with Future Development Potential! This rare 5-bedroom, 3-full-bath single detached home is a turnkey investment featuring a single deep garage with 4 parking spaces in the driveway. Holding a Class D - Class 2 rental license and located just minutes from two major universities, this property is ready for immediate rental income. Recent upgrades include 2019 air conditioners and a hot water heater, as well as bathroom sink updates from 2019-2020. The home also offers a main floor office for remote work and boasts new flooring in the third-floor bedrooms, while an insulated garage door adds to its energy efficiency. Incorporated with the city’s “Missing Middle” housing initiative, this property is currently undergoing a zoning change that will allow for multi-unit development, unlocking exciting opportunities for expansion or redevelopment. Don’t miss this unique chance to secure a high-demand rental in a prime location with significant future value potential! For more details on the zoning changes, visit: Waterloo HAF Initiative. (id:56241)
- Listing ID: 40708528
- Property Type: Single Family
Schedule a Tour
Schedule Private Tour
Are you looking for a private viewing? Schedule a tour with one of our Kitchener, Cambridge and Waterloo real estate agents.
Match your Lifestyle with your Home
Let us put you in touch with a REALTOR® who specializes in the Kitchener, Cambridge and Waterloo markets to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let one of our Kitchener, Cambridge and Waterloo real estate agents help you find a property to match your lifestyle.

Listing provided by ROYAL LEPAGE WOLLE REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 54 HIGH Street in Waterloo Ontario. It was last modified on March 20th, 2025. Contact us to schedule a viewing or to discover other Waterloo properties for sale.