38 HIGH STREET, Waterloo, Ontario

$779,900

6 Beds
2 Baths

Welcome To This Rare And Fully Compliant Investment Opportunity In The Heart Of Waterloo's Prime Student Corridor! This Well-Maintained 3+3 Bedroom Detached Bungalow 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, and 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. Great For Investors or Parents Looking To House Their Kids While Attending Post Secondary School! 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:50212)

Listing ID: X12744938
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Kitchen	Basement	Measurements not available
Bedroom 4	Basement	3.63 m x 3.25 m
Bedroom 5	Basement	3.94 m x 2.2 m
Bedroom	Basement	4.5 m x 3.25 m
Utility room	Basement	3.25 m x 3 m
Living room	Main level	6.48 m x 3.43 m
Kitchen	Main level	4.52 m x 3.45 m
Primary Bedroom	Main level	3.99 m x 2.87 m
Bedroom 2	Main level	3.81 m x 2.77 m
Bedroom 3	Main level	3.43 m x 2.77 m

Details

Architectural Style: Bungalow
Amenities Nearby: Park, Public Transit, Schools
Features: In-Law Suite
Ownership: Freehold
Parking Spaces: 4
Transaction: For sale
View: View

Building

Architectural Style: Bungalow
BasementType: N/A
Basement Features: Apartment in basement
Bedrooms Main Level: 3
Bedrooms Lower Level: 3
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Brick Veneer
Fireplace Present: False
Foundation: Unknown
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 700 - 1100 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Amenities: Park, Public Transit, Schools
Fence: Fenced yard
Sewer: Sanitary sewer
Size Frontage: 50 ft
Size Irregular: 50 x 130 FT

Listing provided by ROYAL LEPAGE SIGNATURE REALTY
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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 38 HIGH STREET in Waterloo Ontario. It was last modified on January 31st, 2026. Contact The TanTeam to schedule a viewing or to discover other Waterloo properties for sale.

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