54 Columbia St W, Waterloo, ON N2L 3K5, Canada
54 Columbia St W, Waterloo, ON N2L 3K5, CanadaBasics
- Date added: Added 3 months ago
- Category: Residential
- Type: Single Family Residence
- Status: Active
- Bedrooms: 5
- Bathrooms: 3
- Area: 1658 sq ft
- Bathrooms Half: 0
- Rooms Total: 12
- County Or Parish: Waterloo
- Bathrooms Full: 3
- MLS ID: 40708528
Description
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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.
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Location
- Parking Total: 5
- Directions: Columbia St W to Hazle St to High St.
- Direction Faces: North
Building Details
- Number Of Units Total: 0
- Building Area Total: 2214 sq ft
- Number Of Buildings: 0
- Parking Features: Attached Garage, Asphalt
- Covered Spaces: 1
- Construction Materials: Brick, Block, Wood Siding
- Garage Spaces: 1
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal-Metered
- Architectural Style: Sidesplit
- Appliances: Water Heater, Dryer, Refrigerator, Stove, Washer
- Sewer: Sewer (Municipal)
- Cooling: Central Air
- Attached Garage Yes/ No: 1
- Interior Features: Central Vacuum
- Heating: Electric, Forced Air, Natural Gas
- Frontage Type: South