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:55598)
- MLS® X10427607
- Date Listed11/13/2024
- Days on Realty 38 Days
- Bedrooms 8
- Bathrooms 2 baths
- Lot Size -
- Sewer Other
- Property Type Single Family Residence
- Water Public
Interior Features
- Cooling Central Air Conditioning
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
82/100
Very Walkable
Walk Score ®
63/100
Good Transit
Transit Score ®
75/100
Very Bikeable
Bike Score ®
Overview
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.Transit Summary
15 nearby routes: 14 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 42/100, Bike Score: 64/100.
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Frequently Asked Questions for 45 HIGH STREET
Source: Realty.com
45 HIGH STREET, Waterloo, ON N2L3X7 is a Single Family Residence, Residential property listed for $899,999 The property is 0 sq. ft with 8 bedrooms and 2 bathrooms
Realty.com has 32 photos of 45 HIGH STREET.
The full address for this home is 45 HIGH STREET, Waterloo, ON N2L3X7.
45 HIGH STREET has been listed on Realty.com since Wed November 13, 2024
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 42/100, Bike Score: 64/100.
Listing provided courtesy of:
FORTUNE HOMES REALTY INC.
(tel: (647) 588-5000)
Listing agent:
ONKAR NAGRA
(tel: (647) 588-5000)
This content last refreshed on 2024-12-21 02:39:37. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 45 HIGH STREET, Waterloo, ON N2L3X7 : MLS® X10427607