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$734,900
Ontario,Waterloo
For Sale Active
38 HIGH Street, Waterloo, Ontario N2L3X8
  • 6
  • 2
  • 1,001 Sqft
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Basic Details
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 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:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 40801998
  • Price: $734,900
  • Bedrooms: 6
  • Bathrooms: 2
  • Square Footage: 1,001 Sqft
  • Status: Active
  • Office Name: ROYAL LEPAGE SIGNATURE REALTY
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 283262
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Parking: Carport
  • Exterior Features: Brick Veneer
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Waterloo, 421 - Lakeshore/Parkdale, N2L3X8
  • Street: HIGH
  • Street Number: 38
  • Street Suffix: Street
  • Longitude: W81° 28' 10.3''
  • Latitude: N43° 28' 53.7''
Additional Information
  • Number Of Units Total: 2
  • Stories: 1.0
Financial
  • Tax Annual Amount: 6131.21
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Listing updated: 2026-03-09 06:30:24
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Listing Information
  • List Agent Key: 2188249
  • List Office Key: 283262
  • Modification Timestamp: 2026-02-20T00:16:00Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-02-20T00:09:47Z
Powered by REALTOR.ca
Listing updated: 2026-03-09 06:30:24
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