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Waterloo,ON N2L 3X8
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,658 sqft
Price per Sqft $565
MLS Listing ID 40708528
Style Sidesplit
Bedrooms 5
Full Baths 3
Abv Grd Liv Area 2,214
Annual Tax Amount $6,706
Property Sub-Type Detached
Source Waterloo Region
Property Description
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.
Location
Province ON
County Waterloo
Area 4 - Waterloo West
Zoning SR2
Direction Columbia St W to Hazle St to High St.
Rooms
Basement Full,Finished
Kitchen 1
Interior
Interior Features Central Vacuum
Heating Electric,Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Appliance Water Heater,Dryer,Refrigerator,Stove,Washer
Laundry In Garage
Exterior
Parking Features Attached Garage,Asphalt
Garage Spaces 1.0
Roof Type Asphalt Shing
Lot Frontage 51.0
Lot Depth 130.0
Garage Yes
Building
Lot Description Urban,High Traffic Area,Hospital,Library,Place of Worship,Public Transit,Regional Mall,Schools,Shopping Nearby
Faces Columbia St W to Hazle St to High St.
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal-Metered
Architectural Style Sidesplit
Structure Type Brick,Block,Wood Siding
New Construction No
Others
Senior Community No
Tax ID 222770048
Ownership Freehold/None