$599,000

53 High Street

Waterloo ON, N2L 3X7

Description

An Excellent Value for the parent investor! 53 High Street boasts a total of six licensed bedrooms in a clean, safe and well maintained property only 15 minutes on foot from both major universities. Two Class A Rental Licences - three legal bedrooms in the lower unit, with another 3 legal beds upstairs - plus a bonus fourth bedroom which would not require a license for a son or daughter attending university. A great opportunity to collect rental income in the meantime while also benefiting from appreciation over the term of your ownership. Recently overhauled both upstairs and downstairs, with brand new flooring, trim and paint. Upgraded potlighting in common areas of both units! All appliances are included, in suite laundry is featured in each unit, and a newer roof has been installed within the past two years. This is an ideal turnkey investment!

Details

MLS#30824726
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive - CS
Days On Site122

Features

Bed(s)7
Bath(s) 2 Total
SQ Feet1,200
Garage1
Story(s)Bungalow Raised
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Area Information
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 3X7
AreaWaterloo West
Community NameLakeshore/Parkdale
Listing VS Median (in Lakeshore/Parkdale)
Price:
$599,000
low | high
Med:
$324,900
95.75959933222% of Average
SqFt:
1,200
low | high
Med:
948
71% of Average
$ / SqFt:
$499
low | high
Med:
$370
75.823147963084% of Average
On Site:
122
low | high
Med:
214.500000
56.876456876457% of Average
Listing Updated: November 23, 2020 8:02:37 PM PST
LEE S. QUAILE LogoMLS Number: 30824726
Listing Provided By:
LEE S. QUAILE  of  Chestnut Park Realty Southwestern Ontario Ltd. Br
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