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45 High Street, Waterloo, ON, N2L 3X7

MLS® # 40677374
House For Sale In Columbia, Waterloo, Ontario
$899,999 QuickQuoteTM: $715K - $958K

8 Beds

2 Baths

45 High Street, Waterloo, ON - Outdoor
45 High Street, Waterloo, ON - Outdoor
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen
45 High Street, Waterloo, ON - Indoor Photo Showing Living Room
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen
45 High Street, Waterloo, ON - Indoor
45 High Street, Waterloo, ON - Indoor Photo Showing Office
45 High Street, Waterloo, ON - Indoor Photo Showing Bedroom
45 High Street, Waterloo, ON - Indoor Photo Showing Bedroom
45 High Street, Waterloo, ON - Indoor
45 High Street, Waterloo, ON - Indoor Photo Showing Bedroom
45 High Street, Waterloo, ON - Indoor Photo Showing Bedroom
45 High Street, Waterloo, ON - Indoor Photo Showing Laundry Room
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink
45 High Street, Waterloo, ON - Indoor Photo Showing Other Room
45 High Street, Waterloo, ON - Indoor
45 High Street, Waterloo, ON - Indoor
45 High Street, Waterloo, ON - Indoor Photo Showing Office
45 High Street, Waterloo, ON - Indoor Photo Showing Bedroom
45 High Street, Waterloo, ON - Indoor
45 High Street, Waterloo, ON - Indoor Photo Showing Laundry Room
45 High Street, Waterloo, ON - Indoor Photo Showing Basement
45 High Street, Waterloo, ON - Outdoor
45 High Street, Waterloo, ON - Outdoor With Backyard
45 High Street, Waterloo, ON - Outdoor With Exterior
45 High Street, Waterloo, ON - Outdoor With Backyard
45 High Street, Waterloo, ON - Outdoor With Backyard
45 High Street, Waterloo, ON - Other
45 High Street, Waterloo, ON - Other
45 High Street, Waterloo, ON  - Outdoor
45 High Street, Waterloo, ON  - Outdoor
45 High Street, Waterloo, ON  - Indoor Photo Showing Kitchen
45 High Street, Waterloo, ON  - Indoor Photo Showing Living Room
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen
45 High Street, Waterloo, ON - Indoor
45 High Street, Waterloo, ON - Indoor Photo Showing Office
45 High Street, Waterloo, ON - Indoor Photo Showing Bedroom
45 High Street, Waterloo, ON - Indoor Photo Showing Bedroom
45 High Street, Waterloo, ON - Indoor
45 High Street, Waterloo, ON - Indoor Photo Showing Bedroom
45 High Street, Waterloo, ON - Indoor Photo Showing Bedroom
45 High Street, Waterloo, ON - Indoor Photo Showing Laundry Room
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen
45 High Street, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink
45 High Street, Waterloo, ON - Indoor Photo Showing Other Room
45 High Street, Waterloo, ON - Indoor
45 High Street, Waterloo, ON - Indoor
45 High Street, Waterloo, ON - Indoor Photo Showing Office
45 High Street, Waterloo, ON - Indoor Photo Showing Bedroom
45 High Street, Waterloo, ON - Indoor
45 High Street, Waterloo, ON - Indoor Photo Showing Laundry Room
45 High Street, Waterloo, ON - Indoor Photo Showing Basement
45 High Street, Waterloo, ON - Outdoor
45 High Street, Waterloo, ON - Outdoor With Backyard
45 High Street, Waterloo, ON - Outdoor With Exterior
45 High Street, Waterloo, ON - Outdoor With Backyard
45 High Street, Waterloo, ON - Outdoor With Backyard
45 High Street, Waterloo, ON - Other
45 High Street, Waterloo, ON - Other
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ACTIVE
45 High Street, Waterloo, ON, N2L 3X7
$899,999

8 Beds

2 Baths

Property Information:

Fantastic Investment Opportunity Prime Location Near Wilfrid 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, totaling $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.

Inclusions: Dryer,Refrigerator,Stove,All Existing Light Fixtures, All Existing Window Coverings, All Existing Kitchen Appliances (2 Fridges, 2 Stoves, Hood Fans) All Existing Clothes Washer And Dryer.

Building Features:

  • Floor Space: 1061 Square Feet

Property Features:

  • Bedrooms: 8
  • Bathrooms: 2+0
  • Acres Range: < 0.5
  • Architectural Style: Bungalow
  • Basement: Walk-Up Access, Full, Finished
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1061 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, In-Law Floorplan
  • Laundry Features: In-Suite
  • Lot Depth: 130 Feet
  • Lot Features: Urban, Rectangular, Public Transit, Schools
  • Lot Frontage: 50.00 Feet
  • Parking Features: Detached Garage, Asphalt
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector(s)
  • Water Source: Municipal
  • Zoning: R1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Rooms:

  • Bedroom Basement Level 3.38 X 3.10
  • Bedroom Main Level 2.54 X 2.95
  • Bathroom Basement Level 2.44 X 1.88
  • Bedroom Main Level 3.02 X 3.48
  • Bedroom Basement Level 3.12 X 3.48
  • Recreation Room Basement Level 4.06 X 3.73
  • Bedroom Basement Level 3.38 X 3.05
  • Kitchen Basement Level 3.56 X 3.51
  • Other Main Level 4.72 X 6.60 Note: Kitchen/Living Room
  • Primary Bedroom Main Level 3.43 X 3.48
  • Bathroom Main Level 2.95 X 1.96
  • Bedroom Main Level 3.00 X 2.74
  • Bedroom Main Level 2.77 X 3.43

Courtesy of: Fortune Homes Realty Inc., Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 45 High Street, Waterloo, ON, N2L 3X7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 45 High Street , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 45 High Street , experiences 11 significant 2-day storms per year, with about 319.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.3mm of precipitation per year.

Precipitation Per Storm

Past
319.6mm
2050
396.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 45 High Street, Waterloo, ON, N2L 3X7

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$74,059.42

Average Number of Children

1.83

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.58 %

High school certificate or equivalent

40.03 %

Apprenticeship trade certificate/diploma

2.29 %

College/non-university certificate

11.12 %

University certificate (below bachelor)

0.64 %

University Degree

39.34 %

Commuter

Travel To Work

By Car

68.93 %

By Public Transit

16.03 %

By Walking

9.19 %

By Bicycle

2.25 %

By Other Methods

3.6 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.11 %

Houses

25.89 %

Own Vs. Rent